● LAUNCHED Began trading Sep 24, 2026. Payment history will be charted here from the first distribution.
This fund is already trading; the payment watch is now waiting on its first distribution. A green LAUNCHED badge here means it's live and our launch tracker has logged it.
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What XVGL Does, Per the Filing
XVGL began trading on September 24, 2026, its first day on the tape. First Trust's own fund page gives it an expense ratio of 0.85%, gross and net, and an inception date of September 22, 2026. Those are different things: inception is the date a fund becomes effective, not its first day on the exchange. Three of the six opened on September 23 and the other three on September 24, so the single inception date on the fund pages does not describe when any of them actually started trading. The six cover AMD, Amazon, Alphabet, Microsoft, Meta and Palantir, and follow the 4 funds of the same family from August, bringing the group to 10.
The stated objective is current income, with capital appreciation second. The fund holds the stock alongside standardized listed options and FLEX Options on it, writing calls and puts, with an S&P 500 Mini Index box spread in the mix. That is an options-income design rather than the plain covered-call structure most single-stock income ETFs use, and it is why comparing it to a covered-call fund on headline yield alone will mislead you.
The reference asset is Alphabet's Class C shares specifically, which is worth noticing because the two Alphabet share classes trade at different prices and carry different voting rights. A fund built on one is not interchangeable with a fund built on the other.
No distribution has been declared and First Trust's fund page states no distribution frequency, so nobody can quote a yield for it yet, including anyone who publishes one this week. The first payment is the moment that settles the rhythm and the size, and our radar is watching for it; when it lands, every payment gets charted here from the first one.
GOOG already has an income fund with a real record: GOOY, paying since September 2023. Its full payment history, trailing totals and year-over-year change are charted and recomputed nightly on GOOY's page — the honest baseline to judge a brand-new fund against, since XVGL has no record of its own yet.
What Nobody Can Know Yet
XVGL is trading, but it has not paid yet, so 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 XVGL 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 did XVGL launch?
It launched Sep 24, 2026. our market-wide sweep of new US listings caught it the morning after it started trading, rather than its SEC registration. The status box above updates daily, and the launch tracker shows everything else on the runway.
What will XVGL pay?
Unknowable until it pays — there is no payment history yet and the filing promises no rate. The strategy is option-income, so distributions would depend on real option premiums once live.
Does XVGL use GOOG or GOOGL?
First Trust's fund page names Alphabet Inc. Class C, which trades as GOOG. The incumbent YieldMax fund on Alphabet, GOOY, is built on GOOGL, the Class A shares. The economics are close but the share classes are genuinely different instruments, so the two funds are not referencing the same security.