AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
SoFi Announces Enhanced Yield ETF Distribution of 12.00%
ByAinvest
Tuesday, Oct 14, 2025 8:06 am ET1min read
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.
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet