The YieldMax Universe Fund of Option Income ETFs (YMAX) has risen 0.49% after market as of 5:08 ET on Wednesday, November 20th, following the announcement of a distribution of $0.2441 per share, reflecting a robust annualized distribution rate of 69.49%. This announcement has likely bolstered investor sentiment, as the fund's strategy of generating income through option writing appears to be delivering attractive yields. The broader bond market dynamics also play a role, with bond investors leaning towards higher yields, as indicated by the bear-steepening of Treasuries. This environment may enhance the appeal of income-generating strategies like those employed by YMAX, as investors seek alternatives to traditional fixed-income securities.