■ ETF · July 18, 2026
YieldMax to Close Four ETFs Including ABNY, DISO, FEAT, FIVY
YieldMax ETFs announced the closure of four funds due to low investor demand, with final trading on June 15, 2026 and liquidation on June 18, 2026.
YieldMax ETFs has announced the planned closure and liquidation of four exchange-traded funds: the YieldMax ABNB Option Income Strategy ETF (ABNY), YieldMax DIS Option Income Strategy ETF (DISO), YieldMax Dorsey Wright Featured 5 Income ETF (FEAT), and YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY). The decision follows a regular portfolio review assessing investor demand, market dynamics, and resource allocation.
Rationale for Closure
YieldMax regularly evaluates its ETF lineup to ensure each fund aligns with its broader suite. The company stated that these four funds did not achieve the scale or traction necessary to best serve shareholders. By closing underperforming funds, YieldMax aims to concentrate resources on ETFs with stronger investor engagement. The firm now offers nearly 60 ETFs and remains focused on delivering income-oriented solutions.
Timeline and Process
The final trading day for ABNY and DISO on the NYSE, and for FEAT and FIVY on the Nasdaq, is expected to be June 15, 2026. After market close, the funds will be delisted and will no longer accept creation orders. Shareholders may sell shares in the secondary market through their brokerage accounts up to and including June 15, 2026, though customary brokerage charges may apply.
Shareholders holding shares as of the liquidation date, June 18, 2026, will have their shares automatically redeemed for cash at the funds' closing net asset value (NAV) calculated on that date. Between the last trading date and liquidation, the funds will liquidate portfolio holdings and increase cash equivalents, potentially deviating from stated investment objectives.
Tax Considerations
YieldMax encourages shareholders to consult with financial or tax advisors regarding potential tax implications, including capital gains or losses from the automatic redemption.
What it means for income investors
The closure of these four funds reduces the number of option-income ETFs available from YieldMax. Investors holding these funds should prepare for either selling before June 15 or receiving cash at NAV on June 18, which may trigger taxable events.
Reporting based on: The Killeen Daily Herald. Figures verified against market data where available.