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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 yield 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%. It has consistently accomplished the goal of tracking the 7% target distribution yield of the Akros Multi-Asset Index to accommodate for your new potential stream of passive income.

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%.

01.

Fund NAV and Market Price

Data as of 12/08/2022

Fund NAV Market Price
Amount ($) $22.73 $22.75
Daily Change ($) +$0.02 +$0.02
Daily Change (%) +0.09% +0.07%

The market price is determined by the midpoint between the bid and asked prices as of the closing time of the New York Stock Exchange (typically 4 pm, Eastern time) on business days. 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
12/02/2022 12/05/2022 12/07/2022 $0.1322 - -
11/02/2022 11/03/2022 11/07/2022 $0.1285 - -
10/04/2022 10/05/2022 10/07/2022 $0.1289 - -
09/02/2022 09/06/2022 09/08/2022 $0.1344 - -
08/02/2022 08/03/2022 08/05/2022 $0.1360 - -
07/05/2022 07/06/2022 07/08/2022 $0.1310 - -
06/02/2022 06/03/2022 06/07/2022 $0.1413 - -

03.

Fund Details

Data as of 12/08/2022

Subject Description
Ticker MPAY
CUSIP 30151E582
Exchange NYSE Arca
Inception Date May 5, 2022
Gross Expense Ratio 0.84%
Net Expense Ratio* 0.59%
AUM $2,272,792
Shares 100,001
Holdings 58
Subject Description
Advisor Exchange Traded Concepts
Administrator Bank of New York Mellon
Distributor Foreside Fund Services
Benchmark The Akros Multi-Asset Index
Index Calculator Moorgate Benchmarks
Index Provider Akros Technologies, Inc.
Rebalance Monthly

*The Advisor has contractually agreed to waive fees through May 1, 2023.

Subject Description
Ticker MPAY
CUSIP 30151E582
Exchange NYSE Arca
Inception Date May 5, 2022
Gross Expense Ratio 0.84%
Net Expense Ratio* 0.59%
AUM $2,272,792
Shares 100,001
Holdings 58
Advisor Exchange Traded Concepts
Administrator Bank of New York Mellon
Distributor Foreside Fund Services
Benchmark The Akros Multi-Asset Index
Index Calculator Moorgate Benchmarks
Index Provider Akros Technologies, Inc.
Rebalance Monthly

*The Advisor has contractually agreed to waive fees through May 1, 2023.

04.

Top Holdings

Data as of 12/08/2022

No. Name Ticker FIGI Shares Market Value Weight
1 ISHARES 20+ YEAR TREASURY BO TLT BBG000BJKYW3 2,215 $241,812 10.64%
2 VANGUARD LONG TERM TREASURY ETF VGLT BBG000PX0M82 3,589 $239,530 10.54%
3 WISDOMTREE FLOATING RATE TREASRY ETF USFR BBG005YHYNF9 4,494 $226,138 9.95%
4 INVSC TREASURY COLLATERAL ETF CLTL BBG00FQKKZT2 2,143 $226,044 9.95%
5 ISHARES 0 TO 3 MNTH TREASURY BND ETF SGOV BBG00TZR7XN3 2,251 $225,618 9.93%
6 SPDR BLMBRG BRCLY 1 3 MNTH T ETF BIL BBG000RFQSH8 2,464 $225,555 9.92%
7 ISHARES TREASURY FLOATNG RATE BD ETF TFLO BBG005YTNMT2 4,470 $225,422 9.92%
8 SPDR LONG TERM TREASURY ETF SPTL BBG000RFRG83 3,602 $113,283 4.98%
9 AMAZON COM ORD AMZN BBG000BVPV84 494 $44,633 1.96%
10 META PLATFORMS CL A ORD META BBG000MM2P62 275 $31,716 1.40%
11 ORACLE ORD ORCL BBG000BQLTW7 297 $23,781 1.05%
12 CISCO SYSTEMS ORD CSCO BBG000C3J3C9 464 $22,731 1.00%
13 CVS HEALTH ORD CVS BBG000BGRY34 169 $17,328 0.76%
14 INTERNATIONAL BUSINESS MACHINES ORD IBM BBG000BLNNH6 116 $17,142 0.75%
15 LOCKHEED MARTIN ORD LMT BBG000C1BW00 34 $16,503 0.73%
16 INTEL ORD INTC BBG000C0G1D1 550 $15,642 0.69%
17 BOEING ORD BA BBG000BCSST7 84 $15,043 0.66%
18 CIGNA ORD CI BBG00KXRCDP0 44 $14,674 0.65%
19 GENERAL ELECTRIC ORD GE BBG000BK6MB5 161 $13,464 0.59%
20 PAYPAL HOLDINGS ORD PYPL BBG0077VNXV6 173 $12,840 0.56%
21 3M ORD MMM BBG000BP52R2 94 $11,844 0.52%
22 MCKESSON ORD MCK BBG000DYGNW7 28 $10,686 0.47%
23 VMWARE CL A ORD VMW BBG000BC9938 87 $10,380 0.46%
24 FORD MOTOR ORD F BBG000BQPC32 774 $10,155 0.45%
25 ARCHER DANIELS MIDLAND ORD ADM BBG000BB6WG8 108 $9,979 0.44%
26 JOHNSON CONTROLS INTERNATIONAL ORD JCI BBG000BVWLJ6 150 $10,016 0.44%
27 FIDELITY NATIONAL INFORMATN SVCS ORD FIS BBG000BK2F42 139 $9,701 0.43%
28 FEDEX ORD FDX BBG000BJF1Z8 56 $9,627 0.42%
29 BIOGEN ORD BIIB BBG000C17X76 33 $9,540 0.42%
30 AMERISOURCEBERGEN ORD ABC BBG000MDCQC2 53 $9,034 0.40%
31 ELECTRONIC ARTS ORD EA BBG000BP0KQ8 71 $8,954 0.39%
32 WALGREEN BOOTS ALLIANCE ORD WBA BBG000BWLMJ4 195 $7,976 0.35%
33 DOW ORD DOW BBG00BN96922 159 $8,039 0.35%
34 OTIS WORLDWIDE ORD OTIS BBG00RP60KV0 101 $8,054 0.35%
35 KROGER ORD KR BBG000BMY992 162 $7,689 0.34%
36 CORNING ORD GLW BBG000BKFZM4 223 $7,430 0.33%
37 HP ORD HPQ BBG000KHWT55 261 $7,433 0.33%
38 DELL TECHNOLOGIES CL C ORD DELL BBG00DW3SZS1 178 $7,517 0.33%
39 EBAY ORD EBAY BBG000C43RR5 164 $7,196 0.32%
40 LYONDELLBASELL INDUSTRIES CL A ORD LYB BBG000WCFV84 88 $7,179 0.32%
41 HEWLETT PACKARD ENTERPRISE ORD HPE BBG0078W3NQ3 445 $7,249 0.32%
42 BAXTER INTERNATIONAL ORD BAX BBG000BCVJ77 135 $7,104 0.31%
43 SIRIUS XM HOLDINGS ORD SIRI BBG000BT0093 1,131 $6,967 0.31%
44 CBRE GROUP CL A ORD CBRE BBG000C04224 94 $7,155 0.31%
45 CARDINAL HEALTH ORD CAH BBG000D898T9 88 $7,109 0.31%
46 BEST BUY ORD BBY BBG000BCWCG1 81 $6,755 0.30%
47 SOUTHWEST AIRLINES ORD LUV BBG000BNJHS8 182 $6,823 0.30%
48 TEXTRON ORD TXT BBG000BVVQQ8 92 $6,716 0.30%
49 LABORATORY CORPRTN OF AMER HLDGS ORD LH BBG000D9DMK0 29 $6,835 0.30%
50 DELTA AIR LINES ORD DAL BBG000R7Z112 204 $6,840 0.30%
51 DARDEN RESTAURANTS ORD DRI BBG000BBNYF6 46 $6,613 0.29%
52 CF INDUSTRIES HOLDINGS ORD CF BBG000BWJFZ4 65 $6,509 0.29%
53 LEIDOS HOLDINGS ORD LDOS BBG000C23PB0 60 $6,545 0.29%
54 OMNICOM GROUP ORD OMC BBG000BS9489 84 $6,351 0.28%
55 BUNGE ORD BG BBG000DGPR66 63 $6,071 0.27%
56 CASH & OTHER 6,030 $6,030 0.27%
57 NETAPP ORD NTAP BBG000FP1N32 91 $5,817 0.26%
58 EXPEDIA GROUP ORD EXPE BBG000QY3XZ2 64 $5,989 0.26%
59 APA ORD APA BBG00YTS96G2 140 $5,988 0.26%

Holdings Subject to Change

05.

Fund Performance

Month End as of 11/30/2022

1 Month 3 Months YTD ITD 1 Year 3 Years 5 Years
Fund NAV 3.47% 0.06% TBD -3.36% TBD TBD TBD
Market Price 3.42% -0.05% TBD -3.41% TBD TBD TBD

Quarter End as of 9/30/2022

1 Month 3 Months YTD ITD 1 Year 3 Years 5 Years
Fund NAV -3.59% 0.10% TBD -6.88% TBD TBD TBD
Market Price -3.65% 0.13% TBD -6.88% TBD TBD TBD

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 for periods of less than one year are cumulative.

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 12/08/2022

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.
$22.73 $22.75 +$0.02 +0.45%
hidingText Days
At NAV
Days
At Premium
Days
At Discount
3Q 2022 0 58 6
2Q 2022 0 35 4
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

Prospectus Download
Index Methodology Download
SAI Download
SAR Download
SOI (Aug 22) Download
19a-1 Notice (Jul 22) Download
19a-1 Notice (Aug 22) Download
19a-1 Notice (Sep 22) Download
19a-1 Notice (Oct 22) Download
19a-1 Notice (Nov 22) Download