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Fund Seeks a
7% Annualized Target
Monthly Payout Yield

MPAY aims to provide your new passive income yield with capital gain.

Akros Monthly Payout ETF (Ticker: MPAY)

  • Income

    ?% vs. 7%

    MPAY seeks to generate income at the annualized target of 7% with capital gain to achieve distribution growth.

  • Distribution

    Annual vs. Monthly

    MPAY adopts a monthly payout policy at the given target rate.

  • Strategy

    Single Asset vs. Multi Assets

    MPAY represents a multi-asset portfolio potentially exposed to each of the 19 asset classes.

One of the cores of an investment decision is to generate income flow from your current asset. MPAY adopts a policy of monthly distribution payout at the annualized target rate of 7%. All or a portion of a distribution may consist of a return of capital from the original investment and the distribution rate may be modified at any time.

MPAY takes into consideration the current macroeconomic landscape to represent a portfolio potentially invested across multiple asset classes, including but not limited to:
  • Equity
  • Corporate Bond
  • Global Infrastructure
  • REITs
  • TIPS
  • Gold
  • Treasury Bond
  • MBS
  • Commodity

The Fund seeks to make cash distributions once per month throughout a calendar year with the goal, but not the guarantee of an annualized target rate of 7.0%. All or a portion of a distribution may consist of a return of capital from the original investment and the distribution rate may be modified at any time.

01.

Fund NAV and Market Price

Data as of 06-17-2024

Fund NAV Market Price
Price ($) $25.18 $25.20
Daily Change ($) +$0.18 +$0.21
Daily Change (%) +0.72% +0.84%

The market price returns are based on the official closing price of an ETF share or, if the official closing price isn't available, the midpoint between the national best bid and national best offer ("NBBO") as of the time the ETF calculates current NAV per share. Shares are not redeemable with the issuing fund, Instead, investors must buy and sell Akros ETF Shares in the secondary market and hold those shares in a brokerage account. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling.

02.

Distributions

Ex Date Record Date Pay Date Dividend Long Term
Capital Gains
Short Term
Capital Gains

For the distributions displayed, all or a portion of each distribution may be a return of capital.

03.

Fund Details

Data as of 06-17-2024

Subject Description
Ticker MPAY
CUSIP 30151E582
Exchange NYSE Arca
Inception Date May 5, 2022
Management Fee 0.75%
Acquired Fund Fees & Expenses 0.09%
Gross Expense Ratio 0.84%
Fee Waiver 0.25%
Net Expense Ratio* 0.59%
Subject Description
AUM $2,770,254
Shares 110,001
Holdings 52
Advisor Exchange Traded Concepts
Administrator Ultimus
Distributor Foreside Fund Services
Benchmark The Akros Multi-Asset Index
Index Calculator Moorgate Benchmarks
Index Provider Akros Technologies, Inc.
Rebalance Monthly

(1) Exchange Traded Concepts, LLC (the “Adviser”) has contractually agreed to waive a portion of its management fee in an amount equal to 0.25% of average daily net assets through March 31, 2025, unless earlier terminated by the Board of Trustees (the “Board”) of Exchange Listed Funds Trust (the “Trust”) for any reason at any time.

(2) The Total Annual Fund Operating Expenses in this fee table may not correlate to the expense ratios in the Fund’s financial highlights and financial statements because the financial highlights and financial statements reflect only the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses, which are fees and expenses incurred indirectly by the Fund through its investments in certain underlying investment companies.

Subject Description
Ticker MPAY
CUSIP 30151E582
Exchange NYSE Arca
Inception Date May 5, 2022
Management Fee 0.75%
Acquired Fund Fees
& Expenses
0.09%
Gross Expense Ratio 0.84%
Fee Waiver 0.25%
Net Expense Ratio* 0.59%
AUM $2,770,254
Shares 110,001
Holdings 52
Advisor Exchange Traded Concepts
Administrator Ultimus
Distributor Foreside Fund Services
Benchmark The Akros Multi-Asset Index
Index Calculator Moorgate Benchmarks
Index Provider Akros Technologies, Inc.
Rebalance Monthly

(1) Exchange Traded Concepts, LLC (the “Adviser”) has contractually agreed to waive a portion of its management fee in an amount equal to 0.25% of average daily net assets through March 31, 2025, unless earlier terminated by the Board of Trustees (the “Board”) of Exchange Listed Funds Trust (the “Trust”) for any reason at any time.

(2) The Total Annual Fund Operating Expenses in this fee table may not correlate to the expense ratios in the Fund’s financial highlights and financial statements because the financial highlights and financial statements reflect only the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses, which are fees and expenses incurred indirectly by the Fund through its investments in certain underlying investment companies.

04.

Top Holdings

Data as of 06/17/2024

No. Name Ticker FIGI Shares Market Value Weight
1 NVIDIA ORD NVDA BBG000BBJQV0 1,330 $174,203 6.29%
2 APPLE ORD AAPL BBG000B9XRY4 768 $166,403 6.01%
3 MICROSOFT ORD MSFT BBG000BPH459 354 $158,723 5.73%
4 AMAZON COM ORD AMZN BBG000BVPV84 744 $136,941 4.94%
5 ALPHABET CL A ORD GOOGL BBG009S39JX6 735 $130,271 4.70%
6 SPDR GOLD MINISHARES ETV GLDM BBG00L8YYP89 2,139 $98,351 3.55%
7 ISHARES GOLD TRUST MICRO IAUM BBG011K3SN42 3,965 $91,750 3.31%
8 ELI LILLY ORD LLY BBG000BNBDC2 95 $84,076 3.03%
9 WALMART ORD WMT BBG000BWXBC2 908 $61,217 2.21%
10 TESLA ORD TSLA BBG000N9MNX3 282 $52,858 1.91%
11 ORACLE ORD ORCL BBG000BQLTW7 354 $50,024 1.81%
12 COSTCO WHOLESALE ORD COST BBG000F6H8W8 57 $49,471 1.79%
13 MASTERCARD CL A ORD MA BBG000F1ZSQ2 109 $48,844 1.76%
14 VISA CL A ORD V BBG000PSKYX7 180 $48,811 1.76%
15 HOME DEPOT ORD HD BBG000BKZB36 138 $48,231 1.74%
16 UNITEDHEALTH GRP ORD UNH BBG000CH5208 96 $46,966 1.70%
17 ADOBE ORD ADBE BBG000BB5006 82 $42,537 1.54%
18 EXXON MOBIL ORD XOM BBG000GZQ728 391 $42,369 1.53%
19 MERCK & CO ORD MRK BBG000BPD168 325 $41,438 1.50%
20 APPLIED MATERIAL ORD AMAT BBG000BBPFB9 168 $40,800 1.47%
21 JOHNSON & JOHNSON ORD JNJ BBG000BMHYD1 276 $40,282 1.45%
22 ABBVIE ORD ABBV BBG0025Y4RY4 237 $40,214 1.45%
23 SERVICENOW ORD NOW BBG000M1R011 55 $39,902 1.44%
24 NETFLIX ORD NFLX BBG000CL9VN6 59 $39,874 1.44%
25 SALESFORCE ORD CRM BBG000BN2DC2 169 $38,951 1.41%
26 QUALCOMM ORD QCOM BBG000CGC1X8 173 $38,444 1.39%
27 LOWE'S COMPANIES ORD LOW BBG000BNDN65 168 $38,097 1.38%
28 LAM RESEARCH ORD LRCX BBG000BNFLM9 35 $37,510 1.35%
29 KLA ORD KLAC BBG000BMTFR4 44 $37,351 1.35%
30 ACCENTURE CL A ORD ACN BBG000D9D830 128 $36,548 1.32%
31 CHEVRON ORD CVX BBG000K4ND22 237 $36,306 1.31%
32 INTUIT ORD INTU BBG000BH5DV1 60 $36,151 1.30%
33 MCDONALD'S ORD MCD BBG000BNSZP1 142 $35,998 1.30%
34 TJX ORD TJX BBG000BV8DN6 324 $35,711 1.29%
35 BOOKING HOLDINGS ORD BKNG BBG000BLBVN4 9 $35,578 1.28%
36 AUTOZONE ORD AZO BBG000C7LMS8 12 $35,266 1.27%
37 LINDE ORD LIN BBG01FND0CC1 80 $35,250 1.27%
38 FORTINET ORD FTNT BBG000BCMBG4 578 $35,200 1.27%
39 CISCO SYSTEMS ORD CSCO BBG000C3J3C9 770 $35,181 1.27%
40 CATERPILLAR ORD CAT BBG000BF0K17 109 $35,142 1.27%
41 PHILIP MORRIS INTERNATIONAL ORD PM BBG000J2XL74 342 $34,901 1.26%
42 HCA HEALTHCARE ORD HCA BBG000QW7VC1 104 $34,889 1.26%
43 NIKE CL B ORD NKE BBG000C5HS04 367 $34,865 1.26%
44 PEPSICO ORD PEP BBG000DH7JK6 209 $34,723 1.25%
45 AIRBNB CL A ORD ABNB BBG001Y2XS07 231 $34,534 1.25%
46 AUTOMATIC DATA PROCESSING ORD ADP BBG000JG0547 140 $34,294 1.24%
47 LOCKHEED MARTIN ORD LMT BBG000C1BW00 74 $33,967 1.23%
48 TEXAS INSTRUMENTS ORD TXN BBG000BVV7G1 174 $33,913 1.22%
49 ABBOTT LABORATORIES ORD ABT BBG000B9ZXB4 326 $33,725 1.22%
50 UNITED PARCEL SERVICE CL B ORD UPS BBG000L9CV04 248 $33,691 1.22%
51 RTX CORP RTX BBG000BW8S60 313 $32,699 1.18%
52 DELL TECHNOLOGIES CL C ORD DELL BBG00DW3SZS1 207 $29,400 1.06%
53 CASH & OTHER Cash-USD BBG0013HGBT3 7,374 $7,375 0.27%

Holdings Subject to Change

05.

Fund Performance

Month End as of 5/31/2024

1 Month 3 Months YTD 1 Year 3 Years 5 Years ITD
Fund NAV 4.40% 3.27% 8.56% 19.05% TBD TBD 7.15%
Market Price 4.43% 3.30% 8.28% 18.62% TBD TBD 7.11%

Quarter End as of 3/31/2024

1 Month 3 Months YTD 1 Year 3 Years 5 Years ITD
Fund NAV 3.11% 8.40% 8.40% 16.04% TBD TBD 7.71%
Market Price 3.06% 8.03% 8.03% 15.79% TBD TBD 7.63%

Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns greater than 1 year are annualized, returns 1 year or less are not.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. The returns shown do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn't available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. NAVs are calculated using prices as of 4:00 PM Eastern Time.

Inception to date (ITD)

06.

Premium/Discount

Data as of 06-17-2024

Fund
NAV
Market
Price
Premium/
Discount

30-Day Median
Bid/Ask Spread

30-Day Median Bid/Ask Spread : The spread is calculated from (i) sampling the ETF's NBBO as of the end of each 10 second interval during each trading day of the last 30 calendar days; (ii) dividing the difference between each such bid and offer by the midpoint of the NBBO; and (iii) identifying the median of those values.
$25.18 $25.20 +$0.02 +0.37%
hidingText Days
At NAV
Days
At Premium
Days
At Discount
1Q 2024 0 23 38
Calendar Year 2023 2 230 18
30-Day Median Bid/Ask Spread : The spread is calculated from (i) sampling the ETF's NBBO as of the end of each 10 second interval during each trading day of the last 30 calendar days; (ii) dividing the difference between each such bid and offer by the midpoint of the NBBO; and (iii) identifying the median of those values.

07.

Fund Materials

Index Methodology Download
Summary Prospectus Download
Prospectus Download
2023 Form 8937 Download
SAR Download
19a-1 Notice (Jun 24) Download
SAI Download