TPAY

Roundhill S&P 500 Target 10 Managed Distribution ETF is an actively managed fund that seeks to provide synthetic exposure to the total return of the S&P 500 Index while implementing a managed payout policy targeting an annualized distribution rate of 10%. The fund utilizes a systematic options-based strategy to maintain equity market participation while generating monthly liquidity, intended for advanced investors who prioritize consistent cash flow and tax-efficient return of capital over traditional long-term capital appreciation.