OMAH ETF: The High-Yield Option Play You Can't Afford to Miss

Investors, listen up! The VistaShares Target 15 Berkshire Select Income ETF (OMAH) is a bold new player in the income space, and if you're not paying attention, you're leaving money on the table. This fund isn't just about dividends—it's about monthly income fueled by a high-octane options strategy that could make 2025 your best year yet. Let's dive into the numbers and the structural genius behind OMAH's income machine.

The Dividend Machine: What's in the Numbers?

First, the facts: OMAH aims to deliver a 15% annual income target, distributed monthly. That's not a typo. While the trailing 12-month dividend yield currently sits at 2.6%, the math here is simple: this fund isn't just about yield—it's about capital appreciation and strategic options trading to hit that 15% mark.

Take a look at the recent dividend trends:
- Last ex-dividend date: April 28, 2025.
- Next projected ex-dividend window: May 27–29, 2025, with a payout of $0.2386 per share.
- Annualized dividend: $0.49 per share in the past year, but remember—the real power is in OMAH's monthly consistency.

The Secret Sauce: Options Strategies Fueling Income

OMAH isn't your average dividend ETF. It's designed to generate income through equity investments and options strategies, specifically targeting Berkshire Hathaway-style value. Here's why this matters:
1. Options Premium Income: By using covered calls and other strategies, OMAH can collect premiums even when the market is flat or falling. This creates a buffer against volatility and a steady stream of cash.
2. Monthly Distributions: Unlike quarterly payouts, OMAH's monthly dividends give investors cash flow consistency, ideal for retirees or income-focused portfolios.
3. The 15% Target: While the current yield is lower than 15%, this is a long-term game. The fund's strategy aims to compound gains and distribute income over time, not just rely on dividends alone.

But wait—there's a catch. The May 2025 distribution includes 90.47% return of capital, which means investors are getting back a portion of their initial investment, not pure earnings. This is a red flag, but here's the spin: OMAH is likely using this structure to prime the pump for future growth. Think of it as a “get started” bonus to attract investors, with the goal of shifting to all income over time.

Risks? Sure, But Here's Why They're Worth Taking

Critics will point to the return of capital component and the fund's new status (inception May 3, 2025). They'll also note that OMAH has cut its dividend once in the past three years—but remember, this is a fund in its infancy. The sub-adviser's limited experience is a valid concern, but so is the Berkshire Hathaway connection. This ETF is designed to mirror Warren Buffett's value-focused, low-risk approach—albeit amplified by options.

The bigger risk? Missing out on a fund that's engineered for this volatile market. Options strategies thrive when volatility is high, and with the Fed's rate cuts looming, now's the time to lock in income.

The Bottom Line: Buy Now, or Regret Later

Here's the play:
1. Act before May 29: To capture the next dividend, you need to own OMAH before the ex-date.
2. Focus on the long game: This isn't a get-rich-quick scheme. OMAH's 15% target requires patience, but the monthly cash flow and options-driven strategy make it a solid core holding.
3. Diversify, but prioritize: Allocate a portion of your income portfolio here—say 10–15%—and watch it grow.

Final Warning: Don't Let Fear Hijack Your Profits

Yes, return of capital is a head-scratcher. Yes, this fund is new. But in a world of 2% yields and stagnant dividends, OMAH's aggressive strategy and monthly discipline are game-changers. The next dividend is coming—don't be left on the sidelines.

Final Call: OMAH is a high-octane income play that could redefine your portfolio. Buy now, and let the options and Berkshire magic work for you.

Past performance does not guarantee future results. Consult your financial advisor before investing.