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Daily Stock Market Recap: 9/4
It’s Evan from @StockMKTNewz. Every day, I cut through the noise to bring you the easiest and fastest way to get the news that really matters: the top headlines, the movers, and the market shifts you can’t afford to miss.
I also help you get ready for tomorrow … make sure to read to the end
Here’s what you need to know today ⬇️
Here’s a quick recap of how the stock market performed today
Heat Map of the S&P 500
Here’s how the major United States indices performed today
Here are the Best and Worst Performing S&P 500 Stocks from today
The Daily Recap
Here are the biggest news stories from the stock market today
We’ve been given a false choice.
Invest for growth, or generate income. Stay fully invested, or sacrifice upside. Minimize taxes, or take the cash flow you need.
Growth. Income. Tax efficiency. TSPY aims to do all three at once. That's what Growth + Income means and it's at the heart of how TSPY is designed.
Stay invested
You own real shares of the S&P 500, the 500 companies you'd want in your portfolio anyway. Your capital stays invested, so you don't have to choose between participating in the market and generating cash flow.
Generate income
The fund aims to generate recurring income that's distributed monthly, helping provide cash flow while keeping your investment working in the market. You don't have to sell shares to create income—the strategy is designed to do that for you. And unlike most income funds that cap your upside for weeks at a time, TSPY’s strategy typically captures more of the market during bull runs by using daily market movement <or volatility> and converting it to income.
Keep more of it
Income isn't just about how much you earn—it's about how much you keep. TSPY has historically distributed a majority of its income as constructive return of capital,* which generally defers taxes instead of creating immediate taxable income. That's one reason we focus on after-tax outcomes, not just distribution rates. (Consult your tax advisor regarding your individual circumstances.)
What you're trading for it
The tradeoff: in a fast, furious rally, TSPY won't catch every last percent of the upside. That's the deliberate trade — a little of the market's sharpest sprints, in exchange for income you collect the whole way, on a position you never had to sell.
Stay fully invested. Get paid monthly. Keep more of what you earn. If you don't have many allocations that check all three boxes — consider the full suite of TappAlpha ETFs where Growth + Income meets the world's most trusted benchmarks.
Rethink what income investing can look like at TappAlphaFunds.com
Disclosures
Constructive return of capital (ROC) – A distribution classified as return of capital for tax purposes that may result from the timing or character of a fund’s income and gains, rather than simply representing a return of an investor’s original investment.
Past performance does not guarantee future results.
Link to standardized performance: https://www.tappalphafunds.com/etfs/tspy
Investors should carefully consider the investment objectives, risks, charges and expenses of the ETFs identified on this site. This and other important information about the Fund are contained in the prospectus, which can be obtained by visiting tappalphafunds.com or by calling (844) 403-2888. The prospectus should be read carefully before investing.
For more information, visit this link to the prospectus: TSPY Prospectus
Investing in securities involves risk, including the potential loss of principal. Distributor: Foreside Fund Services, LLC, Member FINRA.
Disclaimer:
This publication is for informational purposes only and should not be considered financial or investment advice. Always do your own research and consult a licensed professional before making financial decisions.
