Covered Call EFTs Declare Dividends: Global X S&P 500, Dow 30, Nasdaq 100, Russell 2000

The Global X S&P 500 Covered Call & Growth ETF, Global X Dow 30 Covered Call ETF, Global X Nasdaq 100 Covered Call & Growth ETF, and Global X Russell 2000 Covered Call ETF have declared their July dividends: $0.1427, $0.1245, $0.2679, and $0.1605 respectively. All will be payable on July 23.

Four Global X covered-call ETFs tied to major benchmarks declared their July monthly distributions on July 20, 2026, all payable July 23. XYLG, the S&P 500 Covered Call & Growth ETF, declared $0.1427 per share ; DJIA, the Dow 30 Covered Call ETF, declared $0.1245 per share ; QYLG, the Nasdaq 100 Covered Call & Growth ETF, declared $0.2679 per share ; and RYLD, the Russell 2000 Covered Call ETF, declared $0.1605 per share .

Two related, non-growth siblings in the same Global X family also declared July distributions the same day: QYLD, the original Nasdaq 100 Covered Call ETF, at $0.1775 per share , and XYLD, the original S&P 500 Covered Call ETF, at $0.4088 per share . All six funds run a covered-call, or buy-write, strategy: they hold a portfolio tracking their named index and sell (write) call options at or near the money against it, trading away some upside participation in exchange for monthly income from the option premiums.

Based on trailing twelve-month distributions, the funds carry meaningfully different income profiles. XYLG's trailing yield runs near 13%, QYLG's near 17%, RYLD's near 11.5% to 12%, DJIA's near 10.5% to 11%, and the non-growth QYLD and XYLD sit near 11.8% and 10.4% respectively. The Growth variants, XYLG and QYLG, allocate part of their portfolio to uncapped equity exposure alongside the option overlay, which is part of why their payouts and yields differ from the plain covered-call versions built on the same index.

These distributions are income mechanics, not signals about where the underlying index is headed. Monthly payouts from covered-call funds move with options-premium income and net asset value, and month-to-month changes can go either way: RYLD's July payout of $0.1605 is essentially flat versus its $0.1618 June distribution, while XYLG's July payout of $0.1427 is up from $0.1177 in June. Income-focused investors comparing these funds could weigh distribution stability and current yield against the capped upside inherent to the covered-call structure, rather than reading the payout size alone as a signal about market direction.

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