Kurv Yield Premium Strategy Google (GOOGL) ETF

C000251592 Fund Overview

Kurv Yield Premium Strategy Google (GOOGL) ETF is a US ETF managed by Kurv ETF Trust, categorised as United States Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: Kurv ETF Trust
• Category: United States Large Cap Growth Equity
• Assets under management: $26.87M
• 1-year return: 101.9%
• SEC CIK: 0001782952
• SEC series ID: S000086186
• Share class ID: C000251592

C000251592 Investment Objective and Strategy

Kurv Yield Premium Strategy Google (GOOGL) ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Kurv ETF Trust.

Investment objective

The Kurv Yield Premium Strategy Google (GOOGL) ETF (the YP Google Fund) seeks to provide current income.

Principal investment strategy

The YP Google Fund is an actively managed exchange traded fund that seeks current income while maintaining the opportunity for exposure to the share price (i.e., the price returns) of the common stock of Alphabet Inc. (GOOGL or the Underlying Security), subject to potential limits on investment gains . The YP Google Fund seeks to employ its investment strategy as it relates to GOOGL in all market, economic, or other conditions. The YP Google Fund uses a synthetic covered call strategy, an uncovered call or put writing strategy, or a synthetic covered call spread strategy to provide (1) income derived from options premiums and (2) exposure to the share price returns of GOOGL, subject to a limit on potential share price returns on GOOGL as a result of the nature of the options strategy it employs.

To replicate the returns of the underlying stock, the Adviser will purchase at the money call options and sell put options with the same expiration date and the same strike price that may range from 1-12 months from expiry. The YP Google Fund from time to time may also invest directly in shares of GOOGL. In implementing the strategy, the Adviser actively manages the direct and synthetic long position of the YP Google Fund, deciding among other things the pricing and expiry of the call and put options used. The combined exposure to GOOGL shares created by synthetic long positions achieved through options and any direct investment in shares will not exceed 100% of the net assets of the YP Google Fund. In addition, the Adviser makes active decisions for the YP Google Fund regarding how to gain long exposure via long stock positions or synthetic long positions or a combination of both.

Options contracts must be exercised or traded to close within a specified time frame before the options contract expires. To mitigate potential loss from GOOGLs share price, the YP Google Fund may choose to sell (write) risk reversals instead of stand-alone call option contracts or buy out-of-the-money protective put options. Further, to gain price appreciation from GOOGLs share price, the YP Google Fund may purchase call spreads. The YP Google Fund may hold cash and cash equivalents and/or the underlying stock from time to time when there are disruptions in the options markets making it difficult or impractical to employ a covered call strategy to synthetically track the underlying stock. In such situations, the YP Google Fund may better track the performance of the underlying stock by holding it directly until disruptions in the options markets cease.

In addition to achieving a long position in GOOGL stock, either synthetically or through purchasing shares, the YP Google Fund will hold positions in GOOGL options contracts as described below. For more information, see sections The YP Google Funds Use of GOOGL Option Contracts and Synthetic Call and Put Strategy below. An investment in the YP Google Fund is not an investment in GOOGL . The strategy employed to construct the YP Google Funds portfolio is designed to generate income; however the YP Google Fund may not fully participate in gains in GOOGLs stock price. The use of options in the YP Google Funds strategy will limit any share price gains in GOOGL but the YP Google Fund remains subject to all potential share price losses in GOOGL which may not be offset by income the YP Google Fund receives .

The performance of the YP Google Funds shares may exceed, substantially track or trail the performance of GOOGL because the options transactions that the YP Google Fund enters may outperform or underperform the underlying stocks performance. GOOGL Option Contracts As part of the YP Google Funds synthetic covered call strategy, the YP Google Fund purchases and sells a combination of standardized exchange-traded and/or FLexible EXchange (FLEX) call and put option contracts that are based on the value of the price returns of GOOGL. Standardized exchange-traded options include standardized terms. FLEX options are also exchange-traded, but they allow for customizable terms (e.g., the strike price can be negotiated). For more information on FLEX options, see Additional Information about the YP Google Fund - Exchange Traded Options Portfolio.

All options contracts used by the YP Google Fund are based on the value of GOOGL, which gives the YP Google Fund the right or obligation to receive or deliver shares of GOOGL on the expiration date of the applicable option contract in exchange for the stated strike price, depending on whether the option contract is a call option or a put option, and whether the YP Google Fund purchases or sells the option contract. The Adviser may actively manage the written and purchased call options prior to expiration to potentially capture gains and minimize losses for the YP Google Fund due to the movement of GOOGL. Synthetic Call and Put Strategy In seeking to achieve its investment objective, the YP Google Fund implements a synthetic call and put strategy using either stock and/or the standardized exchange-traded and/or FLEX options described above.

The YP Google Funds strategies consists of the following elements, which are described in more detail below: ? Cash and/or Synthetic long exposure to GOOGL, which allows the YP Google Fund to seek to participate in the changes, up or down, in the price of GOOGLs stock. ? Covered call writing (where GOOGL call options are sold against the cash and/or synthetic long portion of the strategy), which allows the YP Google Fund to generate income. ? Call spreads which allows the YP Google Fund to seek increased participation in the potential appreciation of GOOGLs share price, while still generating net premium income . ? Risk reversals or protective collars and protective puts which helps the YP Google Fund mitigate potential loss from GOOGLs share price . ? Short-dated fixed income instruments , which are used for collateral for the options, and which also generate income.

Cash and/or Synthetic Long Exposure The YP Google Fund may gain long exposure via purchasing GOOGL shares or creating a synthetic long position. To achieve a synthetic long exposure to GOOGL, the YP Google Fund buys GOOGL call options and, simultaneously, sells GOOGL put options to try to replicate the price movements of GOOGL. The combination of the long call options and sold put options seek to provide the YP Google Fund with investment exposure equal to approximately 100% of GOOGL for the duration of the applicable options exposure. The call options the YP Google Fund buys and the put options it sells will be at the same strike price in the same amount and have the same expiration. Covered Call Writing As part of its strategy, the YP Google Fund writes (sells) call option contracts on GOOGL to generate income.

If the YP Google Fund gains long exposure synthetically, since the YP Google Fund does not directly own GOOGL, these written call options will be sold short (i.e., selling a position it does not currently own). It is important to note that the sale of the GOOGL call option contracts will limit the YP Google Funds participation in the appreciation in GOOGLs stock price. If the stock price of GOOGL increases, the above-referenced synthetic and/or holding the underlying stock directly would allow the YP Google Fund to experience similar percentage gains. However, if GOOGLs stock price appreciates beyond the strike price of one or more of the sold (short) call option contracts, the YP Google Fund will lose money on those short call positions, and the losses will, in turn, limit the upside return of the YP Google Funds synthetic and long stock exposure.

As a result, the YP Google Funds overall strategy (i.e., the combination of the synthetic and/or long stock exposure to GOOGL and the sold (short) GOOGL call positions) will limit the YP Google Funds participation in gains in the GOOGL stock price beyond a certain point. When the YP Google Fund engages in covered call writing with respect to GOOGL, it receives cash from the buyer of the call option who in exchange for that cash obtains the right to purchase GOOGL on or before the expiration date at a predetermined price called the strike price. Writing covered call options is also considered long short. The notional principal amount of written call options will not exceed the principal amount of the synthetic or long stock position in GOOGL. Call Spreads The Fund may write (sell) call spreads rather than stand-alone call option contracts to seek increased participation in the potential appreciation of GOOGLs share price, while still generating net premium income.

In a call option spread, the YP Google Fund may sell (write) an out-of-the-money call option (above the current market price) while also purchasing another call option that is further out of the money. Risk Reversals or Protective Collars The YP Google Fund may write (sell) risk reversals rather than stand-alone call option contracts to seek to limit loss from GOOGLs share price. The cost of this protection would be offset by the premiums earned from a written call option. In a risk reversal, the YP Google Fund may sell (write) an out-of-the-money call option (above the current market price) call option while simultaneously purchasing an out-of-the-money put option. Protective Put The YP Google Fund may purchase out-of-the-money protective put options to seek to limit loss from GOOGLs share price.

The cost of protection may reduce the income generated in the portfolio. Short-dated Fixed Income and Foreign Exchange Instruments When writing options, the Fund is required to post collateral to assure its performance to the option buyer. The Fund will hold cash and cash-like instruments or high-quality short-term fixed income securities (collectively, Collateral). The Collateral may consist of (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) government securities issued by G-10 countries (Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom, and the United States); (3) money market funds; (4) fixed income ETFs; and/or (5) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by companies that are rated investment grade or of comparable quality.

The Adviser considers an unrated security to be of comparable quality to a security-rated investment grade if it believes it has a similar low risk of default. The Fund expects to invest in fixed income securities with low duration to minimize interest rate risk and the Funds exposure to foreign exchange to be less than 5% of its net assets. Kurv actively manages the Collateral held by the Fund with a view toward enhancing the Funds total return. Funds Monthly Distributions The YP Google Fund seeks to provide monthly income in the form of distributions to shareholders. The YP Google Fund seeks to generate such income which consists of two primary components, as follows: ? Premium from writing (selling) call option contracts on GOOGL as described above. This income made on the YP Google Funds options transactions will depend on the volatility of GOOGL and thus its price return.

GOOGL stock, although other factors, including interest rates, will also impact the level of income. ? Interest from investing in short-term fixed income securities. This income will be driven by interest rates at the time of investment. ? In addition to the income-seeking methodologies stated in the Prospectus, the Funds use of Call Spreads may occasionally allow it to capture a substantial portion of any significant increase in the price of GOOGL. When this happens, the YP Google Fund could receive profits exceeding the initial cost of the call options, and the Funds distributions may include some of those profits. To the extent the YP Google Fund holds shares of GOOGL directly, income may also be generated from dividend distributions.

C000251592 Holdings

Top 4 holdings of Kurv Yield Premium Strategy Google (GOOGL) ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000251592 holdings

C000251592 Portfolio Allocation

Asset-class allocation of Kurv Yield Premium Strategy Google (GOOGL) ETF by percentage of net assets, from the latest SEC N-PORT filing.

C000251592 Performance

Total returns for C000251592 (as of 2026-10-01), from SEC filings.

C000251592 Risk Information

Risk metrics for C000251592, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 43.1%

C000251592 Costs and Fees

C000251592 costs about $99 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.99%
• Gross expense ratio: 1.15%
• Portfolio turnover: 0%
• Brokerage commissions: 40.77 bps of average net assets (SEC N-CEN)

C000251592 Cashflows

Over the 12 months to 2026-05, Kurv Yield Premium Strategy Google (GOOGL) ETF had net inflows of $12.02M, from monthly SEC N-PORT filings.

C000251592 Debt Constituents

Largest debt holdings of Kurv Yield Premium Strategy Google (GOOGL) ETF by percentage of net assets, from the latest SEC N-PORT filing.

C000251592 Prospectus and SEC Filings

Official Kurv Yield Premium Strategy Google (GOOGL) ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-09-28
• Prospectus (485BPOS) — filed 2025-09-29
• Prospectus supplement (497) — filed 2025-10-03
• Portfolio holdings (N-PORT) — filed 2026-07-30
• Portfolio holdings (N-PORT) — filed 2026-04-29
• Portfolio holdings (N-PORT) — filed 2026-01-28
• Annual census (N-CEN) — filed 2026-08-14
• Annual census (N-CEN) — filed 2025-08-14

Related Funds

Other United States Large Cap Growth Equity funds tracked on ABC INVEST:

• Invesco QQQ Trust, Series 1 (QQQ)
• Growth Fund Of America (AGTHX)
• iShares Russell 1000 Growth ETF (IWF)
• JPMorgan Large Cap Growth Fund (SEEGX)
• Fidelity Growth Company Fund (FDGRX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.