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TappAlpha launches TMGN ETF for tax-efficient income from top 10 tech giants in Cboe Magnificent 10 Index.

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15 Jul 2026
GlobeNewsWire
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Bullish
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TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-based strategy to generate daily, tax-efficient income while maintaining growth exposure. The launch expands TappAlpha's Growth + Income ETF lineup, catering to investors seeking income without sacrificing market participation. The fund is listed on the Cboe BZX Equities Exchange and targets equal-weight exposure to 10 major growth firms, leveraging a disciplined options overlay to enhance returns.

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