ETF profile for Simplify Target 15 Distribution ETF (XV) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
XV ETF Profile
| Family: |
Simplify ETF |
| Name: |
Simplify Target 15 Distribution ETF |
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| Inception Date: |
14-Apr-2025 |
| Termination Date: |
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| Investment Objective: |
The Simplify Target 15 Distribution ETF (the "Fund" or "XV") seeks to provide high monthly income. The Fund is an actively managed exchange-traded fund ("ETF"). The Fund's investment adviser seeks to fulfill the Fund's investment objective by using two income strategies: (1) an interest income strategy and (2) an income generating option spread strategy. Target 15 in the Fund's name refers to the goal of making monthly distributions at an annualized rate (after fees and expenses) of 15%. The Fund invests primarily in interest income producing U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury and fixed income ETFs that invest primarily in U.S. Government securities. The Fund targets an average securities portfolio duration of two years or less but does not restrict individual security maturity. To generate additional income, the Fund employs an option spread writing strategy on equity ETFs and equity indexes that are representative of major equity market sectors. Option spread writing is intended to generate income for the Fund by capturing written put option premiums that are larger than the cost of purchasing a partially offsetting put option. |
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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: |
4,375,001 |
| Total Net Assets: |
104,956,272 |
| NAV: |
23.98 |
| Net Expense Ratio: |
0.75% |
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| Asset Class: |
Bonds |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
Put-Write strategy |
| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
Dividend - Regular Payors |
| Tax Exempt State: |
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| Maturity Duration: |
Short (1-3 years) |
| 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 |
