Income ETF health check
Kurv Yield Premium Strategy Microsoft (MSFT) ETF
MSFY
Kurv · Monthly · $12M
Current price
$20.53
As of 2026-09-29 · USD
Canary status
Significant NAV erosion — distributions may be returning principal while value declines.
Updated every Monday and Thursday
YieldCanary Health Metrics
Yield comparison
Advertised Yield
11.62%
Headline Yield (TTM)
21.96%
True Income Yield
12.77%
The real number is typically lower once return of capital is stripped out.
Health metrics
- Death Clock
- 0.90 yrs
- YieldCanary ROC %
- 41.8%
Income and return
- After-Tax Monthly (25%)
- $XX.XXUnlock free →
- Last Distribution
- $0.2000
- 1Y Price Return
- -24.08%
About True Income Yield
About True Income Yield: This is a YieldCanary proprietary sustainability indicator, not a standard accounting measure of economic gain. It strips return of capital from the headline yield to show only what the fund generated from real investment activity. Return of capital reduces your cost basis and the full economic gain is only realized when you sell your shares. YieldCanary calculates ROC from performance data, not from the 19a-1 notices that fund companies publish monthly. Our estimates can differ from official issuer reports and can differ significantly from your year-end 1099 tax forms. We are actively working on incorporating 19a-1 data to make these figures more precise. For confirmed ROC figures always check the fund's official 19a-1 notice on the issuer's website or your year-end 1099.
True Income Yield and Death Clock are YieldCanary proprietary metrics. Not financial advice. Data updates every Monday and Thursday.
Price and Distribution History
Data last updated: Sep 28, 2026. Updates every Monday and Thursday.
Sustainability analysis
Health Score Breakdown
MSFY is currently Severe Risk on YieldCanary. The Death Clock of 0.90 years indicates significant NAV erosion at the current pace. 42% of distributions are estimated as return of capital with the NAV declining alongside distributions. This is the yield trap pattern at its most extreme.
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Frequently Asked Questions — MSFY
Is MSFY a good income ETF?
Based on YieldCanary's health framework, MSFY is currently Severe Risk. The current data suggests extreme caution. The fund is showing significant NAV erosion alongside its distributions — the classic yield trap pattern where the advertised yield looks attractive while the underlying value quietly disappears. This is not financial advice — always do your own research and consult a qualified financial professional before making investment decisions.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What does MSFY pay per month?
Based on last month's actual distribution of $0.2000 per share, $10,000 invested in MSFY at the current price of $20.53 generates approximately 487 shares. That's $97.40 gross per month before taxes. Your after-tax income depends on your personal tax rate and account type. Set your rate inside YieldCanary to see your exact after-tax monthly income and connect your portfolio to see what all of your holdings generate together. Distributions change month to month based on options premiums and market conditions. Past distributions are not a guarantee of future payments.
Calculate your after-tax income on MSFY free →YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What is MSFY's True Income Yield?
YieldCanary's True Income Yield for MSFY is currently 12.77%. This is a distribution sustainability indicator — it strips the estimated return of capital portion from the headline TTM yield to show only what the fund generated from real investment activity. It is not an accounting measure of economic gain. Return of capital reduces your cost basis and full economic gain is only realized when you sell. MSFY's current ROC estimate is 41.8%. The full methodology breakdown is available inside YieldCanary. For confirmed ROC figures check the fund's official 19a-1 notice or your year-end 1099.
See the full health breakdown on MSFY free →YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What is MSFY's Death Clock?
MSFY's Death Clock is currently 0.90 years. This estimates the number of years before 50% of the fund's NAV erodes at the current pace, assuming all things stay constant. It is a sustainability warning signal. The pace can improve or worsen as market conditions and distribution behavior change. Check back every Monday and Thursday when the data refreshes.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
Is MSFY's return of capital good or bad?
MSFY's current ROC estimate is 41.8%. Moderate ROC worth monitoring. Not immediately alarming but track whether the NAV is holding up alongside the distributions over time. Note: YieldCanary calculates ROC from performance data, not 19a-1 filings.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
How does MSFY compare to similar funds?
On YieldCanary, MSFY is currently Severe Risk with a 12.77% True Income Yield and a Death Clock of 0.90 years. It pays Monthly distributions and has a 1-year price return of -24.08%. Similar funds from Kurv tracked on YieldCanary: Kurv Gold Enhanced Income ETF (KGLD) — currently Watch; Kurv Technology Titans Select ETF (KQQQ) — currently Healthy; Kurv Silver Enhanced Income ETF (KSLV) — currently Severe Risk Full side-by-side comparison including True Income Yield, Death Clock, ROC%, and after-tax income across all similar funds is available inside YieldCanary.
Compare MSFY to similar funds free →YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
How often does MSFY pay distributions?
MSFY is a Monthly paying ETF. Distributions are paid once per month, which aligns well with monthly bills and expenses. Monthly payers are the most popular frequency among income investors for this reason. The most recent distribution was $0.2000 per share. To see exact upcoming ex-dividend and payment dates for MSFY in your portfolio, connect your holdings inside YieldCanary and check the Distribution Calendar.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What is MSFY's AUM and why does it matter?
MSFY currently has $12M in assets under management. MSFY is a smaller fund. While smaller AUM is not automatically a problem, funds with limited assets carry slightly more closure risk if assets decline significantly. Factor this into your position sizing. AUM alone does not determine whether a fund is healthy. Check the Canary Status and Death Clock above for the full sustainability picture.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
Is MSFY available in a Roth IRA?
Yes — MSFY can be held in a Roth IRA like any standard ETF, assuming your brokerage offers it. For income ETFs with high return of capital, a Roth IRA can be a particularly advantageous account type. ROC distributions reduce your cost basis in a taxable account, creating a deferred tax liability that grows over time. In a Roth IRA that tax treatment is irrelevant as all distributions are tax-free regardless of their character. This is not tax advice. Consult a tax professional about your specific situation and account type before making investment decisions.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
About the fund
Strategy & Objective
Kurv · Monthly
The Kurv Yield Premium Strategy Microsoft (MSFT) ETF is structured to generate regular income for investors. It also offers participation in the share price movements of Microsoft Corporation, though with a defined ceiling on its potential for capital appreciation.
At a glance
YieldCanary Health Summary
Kurv Yield Premium Strategy Microsoft (MSFT) ETF (MSFY) is a Monthly-paying income ETF issued by Kurv with $12M in assets under management. The fund has an advertised yield of 11.62% and a trailing 12-month headline yield of 21.96%. MSFY is currently Severe Risk on YieldCanary with a True Income Yield of 12.77% and a Death Clock of 0.90 years. The most recent distribution was $0.2000 per share. The fund's price has returned -24.08% over the trailing 12 months.
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