SoFi Announces Enhanced Yield ETF Distribution of 12.00%
ByAinvest
Tuesday, Oct 14, 2025 8:06 am ET1min read
SOFI--
This development is part of SoFi's broader strategy to expand its financial services offerings and attract investors seeking current income. The company's ambitious growth targets, including a 30% member growth and 20% revenue growth, have been driving its stock performance. The stock has seen significant appreciation, with a 149.8% increase from six months ago, outperforming the S&P 500 and the Nasdaq [1].
The SoFi Enhanced Yield ETF's monthly distributions come as SoFi continues to explore new opportunities in the fintech space. The company has recently announced the launch of a new, actively managed ETF focused on artificial intelligence and the rollout of Level 1 options trading for its SoFi Invest members. Additionally, SoFi has partnered with Lightspark to leverage blockchain technology for international money transfers, further expanding its service offerings [1].
While SoFi's stock has shown strong performance, concerns about a potential recession have impacted fintech stocks. Morgan Stanley, for instance, maintains an Underweight rating on the stock, though it has raised its price target to $18 [1]. Despite these uncertainties, SoFi's strategic moves and continued growth initiatives suggest a promising outlook for the company's future.
SoFi has announced monthly distributions on its SoFi Enhanced Yield ETF (THTA), with a distribution per share of $0.1512 and a distribution rate of 12.00%. The ETF seeks current income by combining U.S. government securities with a "credit spread" option strategy to generate enhanced yield. The distribution rate is based on the fund's 30-day SEC yield of 3.30%.
SoFi Technologies Inc. (NASDAQ: SOFI) has recently announced monthly distributions on its SoFi Enhanced Yield ETF (THTA). The distribution per share is $0.1512, with a distribution rate of 12.00%. The ETF seeks current income by combining U.S. government securities with a "credit spread" option strategy to generate enhanced yield. The distribution rate is based on the fund's 30-day SEC yield of 3.30% [1].This development is part of SoFi's broader strategy to expand its financial services offerings and attract investors seeking current income. The company's ambitious growth targets, including a 30% member growth and 20% revenue growth, have been driving its stock performance. The stock has seen significant appreciation, with a 149.8% increase from six months ago, outperforming the S&P 500 and the Nasdaq [1].
The SoFi Enhanced Yield ETF's monthly distributions come as SoFi continues to explore new opportunities in the fintech space. The company has recently announced the launch of a new, actively managed ETF focused on artificial intelligence and the rollout of Level 1 options trading for its SoFi Invest members. Additionally, SoFi has partnered with Lightspark to leverage blockchain technology for international money transfers, further expanding its service offerings [1].
While SoFi's stock has shown strong performance, concerns about a potential recession have impacted fintech stocks. Morgan Stanley, for instance, maintains an Underweight rating on the stock, though it has raised its price target to $18 [1]. Despite these uncertainties, SoFi's strategic moves and continued growth initiatives suggest a promising outlook for the company's future.
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