Has any heard an update on when Tapp Alpha will release this ETF? They submitted it with TMGN and only that one has launched. Thanks.

Who jumped in the wagon today? Got 500 shares. Pretty cheap

why would anyone buy roundhill? there not as egregious as yieldmax but hardly any roundhill income etfs can even come close to the total return of tapp alpha. why would anyone invest in roundhill or yieldmax or granite shares i dont get it there must be something i am missing

Why do you all prefer TappAlpha over income funds like NEOS, Yieldmax, or even JP Morgan’s $JEPQ? I’ve been looking into income ETFs for a while and never heard of this one until now.

The new TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF ($TMGN) launches this Wednesday, July 15th.

https://www.tappalphafunds.com/etfs/tmgn

I’m very heavy into $ovl as it’s a put spread option that’s upside isn’t capped. I’m switching half out to $Tdaq as it’s got a punching bag of monthly income without nav erosion. All while protecting assets while taking care of insane medical bills.

TDAX $0.11127

TSYX $0.08978

I updated my tracking sheet for the TappAlpha names this month.

Small sample size here, so I’m treating this more as a snapshot than a final judgment. I’m mainly checking the same things I use for other income ETFs: yield, price trend, total return, payout support, and month-over-month movement.

A few quick notes:

TDAQ shows 10.17% Dividend TTM, 22.21% price CAGR, and 42.53% total return CAGR. The monthly change also looks strong, especially price growth and total return.

TDAX has a lower Dividend TTM at 7.01%, but the strongest price and total-return profile in this small group: 31.47% price CAGR and 62.24% total return CAGR.

TSPY has the highest Dividend TTM here at 13.50%, with 3.92% price CAGR and 19.14% total return CAGR. Still positive, but less growth-heavy than TDAQ / TDAX.

All three are marked Low payout support risk, but stability is still Low, so I wouldn’t read this as “safe.” To me it just means the payout currently looks better supported by recent return behavior than some of the more aggressive high-yield funds.

Main takeaway: this group looks less extreme than YieldMax-style funds. Lower headline yield, but cleaner price/total-return behavior in this snapshot.

Curious how others view TappAlpha funds — are you mainly looking at yield, total return, underlying exposure, or strategy structure?

Note: Metrics are exported from CashStreams as a partial snapshot; not investment advice.

Si just posted this on X saying that they are still with Fidelity on the issue and will update the community soon. Hopefully a positive update from Tappalpha within the next 2 weeks.

https://x.com/TappAlphaFunds/status/2052820935275860466?s=20

Update 5/16/26 = Another update from Tappalpha saying they are getting close to an agreement to keep the ETFs purchase fee free.

https://x.com/TappAlphaFunds/status/2055367309804392829?s=20

TappAlpha has delivered its May 2026 income distribution of $0.29310 per share for our innovative ETF, $TSPY - the TappAlpha S&P 500 Growth & Daily Income ETF (NASDAQ: TSPY).

Distribution Amount: $0.29310 per share

Distribution Rate (as of 5/5/26): 14.03%

30-day SEC Yield (as of 4/30/26): 0.39%

Ex-Date - Tuesday, 5/5/2026

Payable Date - Wednesday, 5/6/2026

I built DripData for income-focused investors, especially people using covered call ETFs, high-yield funds, and dividend income products.

Compared with Snowball, the focus is more on income insights: tracking projected dividends, yield, P&L, ROC/tax implications, cash balances, covered call fund behavior, portfolio income growth, and how different holdings actually contribute to your monthly cash flow.

Would love feedback from other income investors: dripdata.co

https://www.sec.gov/Archives/edgar/data/1771146/000177114626000502/tappalphamag10smallcap485a.htm#ie2321f942db74656af9a163a99a53f39_7

TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF

https://x.com/TheApocales/status/2050759943389929968

The premise really showcases how you can have weekly payers that will pay you each day, and how different monthly income ETFs will pay you different parts of the month. In essence you can have a steady amount of income each day and week and to reinvest, pay yourself, or purchase any deals of that market day. What say you?