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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 09-10-2024

Fund NAV Market Price
Price ($) $24.84 $24.94
Daily Change ($) +$0.16 +$0.17
Daily Change (%) +0.65% +0.68%

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 09-10-2024

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 $2,731,875
Shares 110,001
Holdings 59
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 $2,731,875
Shares 110,001
Holdings 59
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 09/10/2024

No. Name Ticker FIGI Shares Market Value Weight
1 APPLE ORD AAPL BBG000B9XRY4 690 $151,876 5.56%
2 VANGUARD REAL ESTATE ETF VNQ BBG000Q89NG6 1,404 $136,750 5.01%
3 VANGUARD LONG TERM TREASURY ETF VGLT BBG000PX0M82 2,164 $136,051 4.98%
4 NVIDIA ORD NVDA BBG000BBJQV0 1,235 $133,504 4.89%
5 ISHARES GOLD ETF IAU BBG000QLKDR4 2,777 $132,046 4.83%
6 ISHARES GOLD TRUST MICRO IAUM BBG011K3SN42 5,257 $131,951 4.83%
7 SPDR GOLD MINISHARES ETV GLDM BBG00L8YYP89 2,645 $131,933 4.83%
8 MICROSOFT ORD MSFT BBG000BPH459 306 $126,745 4.64%
9 ISHARES 20+ YEAR TREASURY BD TLT BBG000BJKYW3 1,117 $112,471 4.12%
10 ALPHABET CL A ORD GOOGL BBG009S39JX6 621 $92,318 3.38%
11 AMAZON COM ORD AMZN BBG000BVPV84 324 $58,174 2.13%
12 META PLATFORMS CL A ORD META BBG000MM2P62 110 $55,527 2.03%
13 ELI LILLY ORD LLY BBG000BNBDC2 43 $38,754 1.42%
14 ABERDEEN STNDRD PHYSCL SWISS GLD ETF SGOL BBG000BDHB87 1,578 $37,951 1.39%
15 MASTERCARD CL A ORD MA BBG000F1ZSQ2 76 $37,090 1.36%
16 VISA CL A ORD V BBG000PSKYX7 129 $36,809 1.35%
17 ISHARES GLOBAL INFRASTRUCTURE ETF IGF BBG000T1GGF6 702 $36,792 1.35%
18 UNITEDHEALTH GRP ORD UNH BBG000CH5208 59 $35,343 1.29%
19 INSMED ORD INSM BBG000BWM5P3 487 $34,855 1.28%
20 BROADCOM ORD AVGO BBG00KHY5S69 233 $34,533 1.26%
21 LOCKHEED MARTIN ORD LMT BBG000C1BW00 60 $34,331 1.26%
22 NETAPP ORD NTAP BBG000FP1N32 296 $34,031 1.25%
23 BERKSHIRE HATHAWAY CL B ORD BRK/B BBG000DWG505 74 $33,960 1.24%
24 COSTCO WHOLESALE ORD COST BBG000F6H8W8 36 $32,194 1.18%
25 JOHNSON & JOHNSON ORD JNJ BBG000BMHYD1 191 $31,970 1.17%
26 ABBVIE ORD ABBV BBG0025Y4RY4 159 $31,697 1.16%
27 MOTOROLA SOLUTIONS ORD MSI BBG000BP8Z50 72 $31,543 1.15%
28 ORACLE ORD ORCL BBG000BQLTW7 197 $30,710 1.12%
29 NETFLIX ORD NFLX BBG000CL9VN6 45 $30,313 1.11%
30 ADOBE ORD ADBE BBG000BB5006 52 $29,873 1.09%
31 COLGATE PALMOLIVE ORD CL BBG000BFQYY3 274 $29,274 1.07%
32 PROCTER & GAMBLE ORD PG BBG000BR2TH3 162 $28,802 1.05%
33 HOME DEPOT ORD HD BBG000BKZB36 77 $28,557 1.05%
34 KLA ORD KLAC BBG000BMTFR4 40 $28,538 1.04%
35 VERISK ANALYTICS ORD VRSK BBG000BCZL41 104 $28,454 1.04%
36 CATERPILLAR ORD CAT BBG000BF0K17 84 $28,069 1.03%
37 3M ORD MMM BBG000BP52R2 212 $27,579 1.01%
38 HALOZYME THERAPEUTICS ORD HALO BBG000CZ8W54 463 $27,437 1.00%
39 COCA-COLA ORD KO BBG000BMX289 370 $26,474 0.97%
40 KIMBERLY CLARK ORD KMB BBG000BMW2Z0 180 $26,325 0.96%
41 PEPSICO ORD PEP BBG000DH7JK6 148 $26,316 0.96%
42 TJX ORD TJX BBG000BV8DN6 219 $25,805 0.94%
43 QUALCOMM ORD QCOM BBG000CGC1X8 159 $25,707 0.94%
44 MANHATTAN ASSOCIATES ORD MANH BBG000BFV758 97 $25,171 0.92%
45 INTERDIGITAL ORD IDCC BBG000HLJ7M4 191 $25,069 0.92%
46 WALMART ORD WMT BBG000BWXBC2 303 $23,879 0.87%
47 GARTNER ORD IT BBG000BB65D0 47 $23,480 0.86%
48 VALMONT INDS ORD VMI BBG000BWB7V4 87 $23,252 0.85%
49 FRONTDOOR ORD FTDR BBG00H9MNDZ2 481 $22,910 0.84%
50 EXPEDITORS INTNL OF WASHTN CL A ORD EXPD BBG000BJ5GK2 187 $22,769 0.83%
51 WILLIAMS SONOMA ORD WSM BBG000FSMWC3 172 $22,417 0.82%
52 MERCK & CO ORD MRK BBG000BPD168 194 $22,374 0.82%
53 JPMORGAN CHASE ORD JPM BBG000DMBXR2 108 $22,200 0.81%
54 MERCADOLIBRE ORD MELI BBG000GQPB11 11 $22,193 0.81%
55 ALNYLAM PHARMACEUTICALS ORD ALNY BBG000BFGNJ5 86 $22,034 0.81%
56 ARISTA NETWORKS ORD ANET BBG000N2HDY5 66 $21,566 0.79%
57 TEXAS PACIFIC LAND ORD TPL BBG00YRJXKB1 26 $20,479 0.75%
58 MEDPACE HOLDINGS ORD MEDP BBG0065B7K59 62 $20,324 0.74%
59 REAL ESTATE SELECT SECT SPDR XLRE BBG00B597128 286 $12,850 0.47%
60 CASH & OTHER Cash-USD BBG0013HGBT3 9,442 $9,442 0.35%

Holdings Subject to Change

05.

Fund Performance

Month End as of 08/31/2024

1 Month 3 Months YTD 1 Year 3 Years 5 Years ITD
Fund NAV 5.36% 7.47% 16.34% 21.48% TBD TBD 9.57%
Market Price 5.59% 7.85% 16.54% 22.00% TBD TBD 9.74%

Quarter End as of 06/30/2024

1 Month 3 Months YTD 1 Year 3 Years 5 Years ITD
Fund NAV 4.70% 4.85% 13.66% 19.94% TBD TBD 9.17%
Market Price 4.82% 5.06% 13.50% 19.71% TBD TBD 9.19%

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 09-10-2024

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.
$24.84 $24.94 +$0.10 +0.82%
hidingText Days
At NAV 		Days
At Premium 		Days
At Discount
2Q 2024 0 24 39
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
2024 N-PX Voting Download
2023 Form 8937 Download
SAR Download
19a-1 Notice (Aug 24) Download
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