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: | |
Mortgage Bond Types: | |
Bond Type: | |
Gov't Bond Types: | |
Reit Type: | |
Leverage Direction/Factor: | |
Is Currency Hedged: | No |
US or Ex-US: | Domestic |