TSLY ROC moved to 0.00% while MRNY and GMEY moved above 95%
TSLY's weekly distribution fell to $0.2681 as its ROC estimate moved from 100.00% to 0.00%. MRNY and GMEY showed the opposite move.
TSLY moved from 100.00% ROC to 0.00% this week, while MRNY and GMEY moved the other direction. All three came from the same G2 announcement. TSLY also paid a smaller weekly distribution, moving from $0.3506 to $0.2681, down 23.5% from the prior week. MRNY and GMEY were different. MRNY paid $0.2061, slightly below last week's $0.2106, but its ROC estimate moved from 0.00% to 96.08%. GMEY paid $0.2959, up from $0.2752, while its ROC estimate moved from 0.00% to 95.55%. These funds were selected because they show the clearest ROC classification split in this week's official announcement.
What return of capital means here
ROC stands for Return of Capital. In this weekly format, it is not a shortcut for deciding whether a fund had a good or bad week. It is the issuer's estimate of how the announced distribution is being classified. ROC is an issuer estimate and tax classification. It does not automatically mean the fund failed to generate option income — it tells the reader how this week's announced distribution is being classified. That distinction matters because the weekly payout has two separate parts. The distribution per share tells the reader the cash amount announced for the week. The ROC percentage tells the reader how the issuer classified that announced amount. A fund can pay more or less than the prior week while the ROC estimate moves in a different direction.
This week's move: TSLY
TSLY is the lead fund because its ROC classification moved from one end of the table to the other. Last week, its distribution was classified as 100.00% ROC. This week, the official estimate was 0.00% ROC. The cash amount changed at the same time. TSLY's distribution per share moved from $0.3506 to $0.2681, a 23.5% decline. That gives the reader two separate changes to hold side by side: a smaller weekly cash amount, and a ROC estimate that moved from full ROC to no ROC. This should not be stretched into a market explanation. The official notice gives the payout amount and the classification estimate, but it does not prove why the classification changed. The safer reading is narrower: TSLY's current distribution was lower than the prior week, and this week's announced amount was not classified as Return of Capital. TSLY's Distribution Rate was 48.61%, and its 30-Day SEC Yield was 2.42%. Those figures give context for the week, but they do not replace the week-over-week comparison. Distribution Rate is not total return and not a forecast of future payouts.
The other side of the move
MRNY and GMEY create the contrast because their ROC estimates moved sharply higher while their cash amounts did not follow the same pattern. MRNY's distribution per share moved from $0.2106 to $0.2061. That is only a small decrease in the cash amount, but the ROC estimate changed from 0.00% to 96.08%. In other words, the cash line changed only slightly, while the classification line changed sharply. GMEY moved differently on the cash side. Its distribution per share rose from $0.2752 to $0.2959. At the same time, its ROC estimate moved from 0.00% to 95.55%. MRNY and GMEY moved in opposite directions on cash and classification, and they did not move together. That is the useful contrast with TSLY. TSLY had a lower payout and a lower ROC classification. MRNY had a slightly lower payout but a much higher ROC classification. GMEY had a higher payout and a much higher ROC classification. The payout number alone does not tell the whole weekly story.
Selected distributions
| Ticker | Per share | Dist. rate | 30-day SEC yield | ROC | ROC prior | What it shows |
|---|---|---|---|---|---|---|
| TSLY | $0.2681 | 48.61% | 2.42% | 0.00% | 100.00% | Moved out of a high-ROC classification this week. |
| MRNY | $0.2061 | 70.14% | 2.75% | 96.08% | 0.00% | Distribution was mostly classified as ROC this week. |
| GMEY | $0.2959 | 52.20% | 2.35% | 95.55% | 0.00% | Cash amount rose while ROC classification also moved higher. |
- MRNY (ROC 96.08%): MRNY moved from 0.00% ROC to 96.08% ROC while its distribution per share moved from $0.2106 to $0.2061.
- GMEY (ROC 95.55%): GMEY moved from 0.00% ROC to 95.55% ROC while its distribution per share moved from $0.2752 to $0.2959.
Start with the distribution per share because that is the cash amount announced for the week. Then compare ROC now with ROC previous. Distribution Rate and 30-Day SEC Yield help frame the published figures, but they are not payout guarantees. The selected table is showing a classification split: TSLY moved from high ROC to no ROC, while MRNY and GMEY moved from no ROC to high ROC.
How to read these official figures
Distribution per share and ROC are the issuer's official figures. ROC figures are estimates that may be reclassified at tax time. The distribution per share tells the reader what was announced for the week. The ROC estimate tells the reader how that announced amount is being classified. Keeping those two figures separate is the main point of this weekly review.
What to check next week
When the next official notice is published, compare the same columns again: distribution per share, ROC percentage, Distribution Rate, and 30-Day SEC Yield. Place the new ROC figure beside this week's figure before drawing any conclusion from the cash amount alone. A one-week ROC change is a data point, not a complete pattern.
Data scope
This review uses the official YieldMax Group 2 distribution announcement dated June 10, 2026, with prior-week figures from the same fund group for comparison. The public discussion is limited to the selected rows shown above: TSLY, MRNY, and GMEY.