FILED Registration first seen Dec 11, 2025. Not trading yet.
Status updates daily from SEC records and our 15-minute issuer radar. A green LAUNCHED badge here means it's live and our launch tracker has logged it.
What CSHY Will Do, Per the Filing
Per its registration filing, CSHY will be an actively managed portfolio income fund — not a single-stock fund like most YieldMax tickers. The plan has two engines: a portfolio of U.S. and international space and satellite stocks, and an options overlay on those stocks that generates the income. Up to ten percent can sit in cash or Treasuries as a buffer.
The filing splits the space economy into five lanes the fund can fish in: launch and space transportation (rockets, lunar logistics), satellite networks and communications (operators, direct-to-device, SATCOM), space data and intelligence (Earth observation, geospatial analytics), space systems and manufacturing (satellite buses, robotics, components), and national-security space (defense primes with space payloads and missile warning). No fixed allocation between them — the adviser moves with what it finds attractive, at any market cap, screening for stocks whose options trade liquidly enough to sell premium on.
One detail from the paper trail that nobody else has reported: this fund was originally registered under a different name — the "Digital Finance Ecosystem Portfolio Option Income ETF" — and a 2026 amendment renames it to Space and Satellite. YieldMax recycled a shelved idea into the space theme, and the amendment activity means the filing is being actively maintained, not abandoned.
What Nobody Can Know Yet
A registration filing is a plan, not a product. Until CSHY trades, there is no payment history, no real yield, and no evidence of how its strategy behaves in live markets — any number you hear before launch is a target or a guess. Filings also get delayed, renamed, or quietly abandoned; this page's status updates daily either way. When CSHY does launch, we chart every payment from its very first one, free.
One email the day a new income fund launches — nothing else, ever. We watch the issuers' own sites continuously; you hear before the videos exist.
Frequently Asked Questions
When does CSHY launch?
No date has been announced. The registration was first seen in SEC records dated Dec 11, 2025; issuers typically launch within months of filing, but filings can also stall. The status box above updates daily, and the launch tracker shows everything else on the runway.
What will CSHY pay?
Unknowable until it trades — there is no payment history and the filing promises no rate. The strategy is option-income, so distributions would depend on real option premiums once live.
Is CSHY a single-stock YieldMax fund?
No. Unlike MSTY or NVDY, which run option strategies on one stock, the filing describes CSHY as a portfolio fund: a basket of space and satellite companies with options written across the basket — closer in structure to YieldMax's portfolio income funds than to its single-ticker lineup.