ETF profile for Sofi Enhanced Yield ETF (THTA) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
THTA ETF Profile
| Family: |
Sofi |
| Name: |
SoFi Enhanced Yield ETF |
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| Inception Date: |
15-Nov-2023 |
| Termination Date: |
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| Investment Objective: |
THTA is an actively managed fund that combines the holding of a basket of US Treasuries with an overlay of short credit spreads to generate monthly dividend income. THTA seeks to generate income by holding short duration US Treasuries without material interest risk while capturing enhanced income by selling volatility premium using high probability defined risk option spreads. The fund pursues a flexible, alternative investment option with historically low correlation to the S&P 500 Index and interest rates. THTA is an accessible alternative income strategy that works for any size portfolio and is suited to both high net-worth individuals and others. The Fund seeks to achieve its objective by combining a strategy of holding U.S. Treasury Bills and/or U.S. Treasury Bonds, with a "credit spread" option strategy to seek to generate enhanced yield. The Fund's net asset holdings will generally be invested as follows 2-5% Cash and cash equivalents (including money market funds and U.S. Treasury Bills), 95-100% Treasury securities, up to 90% Credit Spreads (using the Fund's holdings of Treasury securities as collateral for the Fund's investments in options). |
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| Prospectus |
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| Top 10 Holdings |
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Top 10 Holdings Weight: |
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| Number of Holdings: |
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| Shares Outstanding: |
4,275,000 |
| Total Net Assets: |
67,587,752 |
| NAV: |
15.78 |
| Net Expense Ratio: |
0.65% |
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| Asset Class: |
Bonds |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
Covered Call Strategy |
| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
<1 year |
| Market Cap: |
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| Credit Quality: |
Investment Grade Only |
| Mortgage Bond Types: |
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| Bond Type: |
Treasury & Government |
| Gov't Bond Types: |
Diversified Treasury & Government |
| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
