Bottom line: TSMY seeks high weekly income by selling calls against exposure to Taiwan Semiconductor (TSM). The semiconductor sector’s volatility can support elevated option premiums, offering income investors a way to monetize TSM’s moves while collecting frequent distributions and retaining some participation in the stock.
It is not a pure TSM equity holding or a low-risk income product. The covered-call strategy caps upside, leaves most downside exposure intact, and can produce NAV erosion over time when high distributions exceed the strategy’s economic return. Payouts fluctuate with implied volatility.
Size any position according to your tolerance for single-stock (and semiconductor-sector) risk rather than the current yield. Review the prospectus, distribution character, and TSM’s fundamentals before adding or removing capital. This is not investment advice.
Distribution History for TSMY
| Month | Distributions | No. of shares | Net Distribution / share |
|---|---|---|---|
| September 2026 | $41.69 | 506 | $0.0824 |
| August 2026 | $110.66 | 1,012 | $0.1093 |
| July 2026 | $158.76 | 1,265 | $0.1255 |
| June 2026 | $4.81 | 23 | $0.2091 |
| May 2026 | $132.95 | 710 | $0.1873 |
| April 2026 | $91.92 | 620 | $0.1483 |
| March 2026 | $94.64 | 620 | $0.1526 |
| February 2026 | $83.11 | 620 | $0.1340 |
| January 2026 | $98.53 | 716 | $0.1376 |
| December 2025 | $94.67 | 775 | $0.1222 |
| November 2025 | $63.51 | 461 | $0.1378 |
| October 2025 | $259.39 | 620 | $0.4184 |
| Grand Total: | $1,872.00 | 8,934 | $0.2095 |
ETF Investment Summary
| Investment | Shares | Distributions | Purchase price / share | Real price / share | Market price / share |
|---|---|---|---|---|---|
| $3,971.05 | 253 | $1,872.00 | $17.33 | $15.70 | $14.86 |
Notes:
• Investment = Current Adjusted Cost Basis (after accounting for sells and distributions)
• Purchase price / share = Historical average price of all shares ever bought
• Real price / share = Current adjusted cost basis per remaining share (after distributions reduce basis)
• Market price / share = Latest market price of the ETF
Personal Chart – Real Price vs Real Price + Cumulative Distributions
Blue line = Real Price per share (cost basis after buys, sells & distributions)
Red line = Real Price + Cumulative Net Distributions received so far
Purple line = Cumulative Realised Capital Gains from sales
Green bars = Number of shares held at month-end
When the green bars drop to zero, the blue/red lines also go to zero (full exit of the position).