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AAPY ETF Profile


Family: Kurv Shares
Name: Kurv Yield Premium Strategy Apple (AAPL) ETF
Inception Date: 26-Oct-2023
Termination Date:
Investment Objective: The Kurv Yield Premium Strategy Apple (AAPL) ETF (Ticker AAPY) seeks monthly income while maintaining the opportunity for exposure to the underlying stock of the common stock of Apple Inc., subject to a limit on potential investment gains. Enhanced income strategies focused on generating monthly cash flow through multiple sources, including harvesting covered call option premiums, dividends, and interest income. Diversified sources of income premium harvesting, dividends, interest income. Dynamic optimization balance between income vs. capital appreciation potential in certain rising market. Lower beta to underlying stock could be used as a defensive substitute for single stock investments. Tax advantage option premiums may not be immediately taxed, and therefore has the potential to offset short-term tax liabilities.
Prospectus
Top 10 Holdings
United States Treasury Bill 01/07/2025 912797MW4 49.8600%
United States Treasury Bill 12/17/2024 912797MP9 25.5900%
United States Treasury Bill 04/08/2025 912797NY9 14.8000%
AAPL US 01/17/25 C235 6.3400%
Cash & Other 5.4200%
AAPL US 02/21/25 C265 -1.5200%
AAPL US 01/17/25 P235 -0.5000%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 7
Shares Outstanding: 70,000
Total Net Assets: 2,001,237
NAV: 28.57
Net Expense Ratio: 0.99%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy: Covered Call Strategy
Currency:
Commodity:
Sector: Technology
Industry:
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap: Large Cap
Credit Quality:
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Leverage Direction/Factor:
Is Currency Hedged: No
US or Ex-US: Domestic