IncomeShares by Leverage Shares

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ISIN: XS2901886288 Copied
IncomeShares Microsoft (MSFT) Options ETP
Distribution Frequency Monthly
Distribution Yield* 6.68 %
Strategy Cash-Secured Put + Equity

*Past performance is not indicative of future results.

Fact Sheet

Income Guide

Summary

The IncomeShares Microsoft (MSFT) Options ETP dynamically allocates between directly investing in Microsoft Corporation shares (Nasdaq: MSFT) and selling put options on MSFT with strikes ranging from 5% OTM to 10% ITM. The strategy aims to Generate monthly income while retaining upside exposure to the extent of its holding in MSFT shares and the strikes of puts sold ITM. The ETP will also earn a return on the uninvested cash.

Why Microsoft (MSFT) Options ETP?

maximum-income

Income Generation

Monthly income from premiums received through options selling and a return on cash.

upside-exposure

Upside Exposure

Participation in the upside potential of MSFT up to the options’ strike price.

partial-downside-protection

Partial Downside Protection

Income generated from selling options may help cushion against market downturns.

Capital at risk. You may lose some or all of your investment.

Net Asset Value

NAV (as of 05 Sep 2025)
$10.55
Daily Change (of NAV)
-0.14
Daily Return (based on % NAV change)
-1.33%

Key Information

Inception Date
22 Jul 2024
Annual Management Fee
0.55%
Distribution Yield*
6.68%
Strategy
Cash-Secured Put + Equity

Structure

Structure
ETP
Domicile
Ireland
Replication Method
Physical
Use of Income
Distributing
Physical Assets
Yes (Underlying securities)
Underlying Asset
Microsoft + cash + short puts on Microsoft

Distribution Calendar

Monthly Distribution

Declaration Date Ex-Date Record Date Payment Date Distribution Per Share
29 Aug 2025 01 Sep 2025 02 Sep 2025 10 Sep 2025 $0.0587
31 Jul 2025 01 Aug 2025 04 Aug 2025 12 Aug 2025 $0.0526
30 Jun 2025 01 Jul 2025 02 Jul 2025 10 Jul 2025 $0.0237
Distribution Calendar

*The Distribution Rate is the annual yield an investor would receive if the most recently declared distribution, which includes option income and cash return, remained the same going forward. The Distribution Rate is calculated by multiplying an ETP’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETP’s most recent NAV. The Distribution Rate represents a single distribution from the ETP and does not represent its total return. Distributions are not guaranteed.

Distribution Calendar

Declaration Date Ex-Date Record Date Payment Date Distribution Per Share
31 Jan 2025 03 Feb 2025 04 Feb 2025 12 Feb 2025 $0.046
28 Feb 2025 03 Mar 2025 04 Mar 2025 12 Mar 2025 $0.0567
31 Mar 2025 01 Apr 2025 02 Apr 2025 10 Apr 2025 $0.04
30 Apr 2025 01 May 2025 02 May 2025 12 May 2025 $0.1433
30 May 2025 02 Jun 2025 03 Jun 2025 11 Jun 2025 $0.0289
30 Jun 2025 01 Jul 2025 02 Jul 2025 10 Jul 2025 $0.0237
31 Jul 2025 01 Aug 2025 04 Aug 2025 12 Aug 2025 $0.0526
29 Aug 2025 01 Sep 2025 02 Sep 2025 10 Sep 2025 $0.0587
30 Sep 2025 01 Oct 2025 02 Oct 2025 10 Oct 2025 N/A
31 Oct 2025 03 Nov 2025 04 Nov 2025 12 Nov 2025 N/A
28 Nov 2025 01 Dec 2025 02 Dec 2025 10 Dec 2025 N/A
31 Dec 2025 02 Jan 2026 05 Jan 2026 13 Jan 2026 N/A
Declaration Date Ex-Date Record Date Payment Date Distribution Per Share
31 Oct 2024 01 Nov 2024 04 Nov 2024 12 Nov 2024 $0.12
29 Nov 2024 02 Dec 2024 03 Dec 2024 11 Dec 2024 $0.04
31 Dec 2024 02 Jan 2025 03 Jan 2025 13 Jan 2025 $0.085

Listings & Tickers

Country Exchange Base Currency Trading Currency Exchange Code ISIN SEDOL BBG Ticker RIC WKN Listing Date
UK London Stock Exchange USD USD MSFY XS2901886288 BQB7YR6 MSFY LN MSFY.L A4A52X 26 Sep 2024
UK London Stock Exchange USD GBP MSFI XS2901886288 BQB7ZB7 MSFI LN MSFI.L A4A52X 26 Sep 2024
DE Deutsche Börse Xetra USD EUR YMSF XS2901886288 BQNKXC1 YMSF.GY YMSF.DE A4A52X 15 Nov 2024

Holdings

Name Ticker SEDOL Market Price Currency Shares Held Market Value
Cash Cash_USD_56 Cash 1 USD 537,421 537,421
MICROSOFT CORP MSFT 2588173 495 USD 347 171,765
MSFT Sep19'25 500.0 Put MSFT 250919P00500000 N/A 9.4114 USD -5 -4,706
MSFT Sep19'25 510.0 Put MSFT 250919P00510000 N/A 16.3642 USD -5 -8,182

Key Services Providers

Issuer
Leverage Shares PLC
Arranger
Leverage Shares Management Company Limited
Trustee
Apex Corporate Trustees (UK) Limited
Issuing and Paying Agent
Elavon Financial Services DAC
Registrar
Elavon Financial Services DAC
Custodian
Interactive Brokers LLC and/or Morgan Stanley & Co LLC
Portfolio Administrators
GWM Limited
Determination Agent
Calculation Agent Services LLC
Broker Dealer of Record
GWM Limited
Initial Authorised Participant
Virtu Financial Ireland Limited

ETP Documents

Fact Sheet
download
Key Information Documents
2025-09
UK DE ES FR IT NL PL
2025-08
UK DE ES FR IT NL PL
2025-07
UK DE ES FR IT NL PL
2025-06
UK DE ES FR IT NL PL
2025-05
UK DE ES FR IT NL PL
2025-04
UK DE ES FR IT NL PL
2025-03
UK DE ES FR IT NL PL
2025-02
UK DE ES FR IT NL PL
2025-01
UK DE ES FR IT NL PL
2024-12
UK DE ES FR IT NL PL
2024-11
UK DE ES FR IT NL PL
2024-10
UK DE ES FR IT NL PL
2024-09
UK DE ES FR IT NL PL
Reportable Income
download
EMT
download
Supplemental Trust Deed
download

Notices

Latest Notice
download

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This is a financial promotion for the purposes of s21 of the UK Financial Services and Markets Act 2000 (“FSMA”) which has been approved by Leela Capital Regulatory Solutions Limited (“LCRS”), authorised by the Financial Conduct Authority (FCA) (FRN 845185) for communication by Leverage Shares Management Company Limited as at 1st June 2025. LCRS is incorporated in England and Wales, company number 10161396, registered office 82 St John Street, London, EC1M 4JN

Please refer to the ETP Prospectus and Key Investor Information Document (“KIID”) before making any investment decisions.

This information originates from Leverage Shares Management Company Limited, which has been appointed by Leverage Shares Public Limited Company as provider of administrative and arranger services (the “Arranger”). Leverage Shares Public Limited Company registered address is 2nd Floor, Block 5, Irish Life Centre, Abbey Street Lower, Dublin 1, D01 P767, Ireland and is Registered in Ireland under registration number 597399. Leverage Shares Management Company Limited registered address is 116 Mount Prospect Avenue, Clontarf, Dublin 3, Ireland and is Registered in Ireland under registration number 596207.

The information is intended only to provide general and preliminary information to investors and shall not be construed as investment, legal or tax advice. Leverage Shares Public Limited Company and the Arranger (together referred as “Income Shares”) assume no liability with regards to any investment, divestment or retention decision taken by the investor on the basis of this information.

Opinions are current as of the publication date and are subject to change with market conditions.

Investing involves high risks, including potential loss of all your money. Investors should be aware that past performance is not a reliable indicator of future results. Forecasts are not a reliable indicator of future performance. Seek independent advice where necessary.

© Leverage Shares 2025