ETF profile for Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
XPAY ETF Profile
| Family: |
Roundhill Financial |
| Name: |
Roundhill S&P 500 Target 20 Managed Distribution ETF |
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| Inception Date: |
31-Oct-2024 |
| Termination Date: |
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| Investment Objective: |
The Fund's primary investment objective is to pay monthly return of capital distributions to shareholders at an annualized rate of twenty percent (20%). The Fund's secondary investment objective is to provide exposure to the return of an index composed of U.S.-listed large cap equity securities. The Fund seeks to provide exposure to the return of the S&P 500 Index while making monthly distribution payments equal to an annualized rate of twenty percent (20%). The Fund intends to provide exposure to the S&P 500 Index through purchases of FLexible EXchange call options ("FLEX Options") that utilize the SPDR S&P 500 ETF Trust (NYSE ARCA: SPY) (the "SPY ETF") as the reference asset ("SPY FLEX Options"). The SPY ETF is an exchange-traded fund that seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index. Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in SPY FLEX Options. For purposes of compliance with this investment policy, the SPY FLEX Options will be valued at their notional value. |
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| Prospectus |
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| Top 10 Holdings |
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| SPY 12/10/2027 38.04 C |
|
94.3700% |
| Cash & Other |
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5.6300% |
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Top 10 Holdings Weight: |
100.0% |
| Number of Holdings: |
2 |
| Shares Outstanding: |
3,600,000 |
| Total Net Assets: |
183,996,000 |
| NAV: |
51.17 |
| Net Expense Ratio: |
0.49% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
Dividend - High Yield |
| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Large Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
