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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. 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 03/29/2023

Fund NAV Market Price
Amount ($) $22.41 $22.43
Daily Change ($) +$0.12 +$0.08
Daily Change (%) +0.54% +0.38%

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
03/02/2023 03/03/2023 03/06/2023 $0.1289 - -
02/02/2023 02/03/2023 02/06/2023 $0.1335 - -
01/04/2023 01/05/2023 01/09/2023 $0.1292 - -
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 03/29/2023

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 $2,465,604
Shares 110,001
Holdings 57
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 $2,465,604
Shares 110,001
Holdings 57
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 03/29/2023

No. Name Ticker FIGI Shares Market Value Weight
1 VANGUARD LONG TERM TREASURY ETF VGLT BBG000PX0M82 3,860 $248,545 10.08%
2 ISHARES 20+ YEAR TREASURY BO TLT BBG000BJKYW3 2,381 $248,386 10.07%
3 SPDR BLMBRG BRCLY 1 3 MNTH T ETF BIL BBG000RFQSH8 2,629 $241,395 9.79%
4 ISHARES 0 TO 3 MNTH TREASURY BND ETF SGOV BBG00TZR7XN3 2,401 $241,421 9.79%
5 ISHARES TREASURY FLOATNG RATE BD ETF TFLO BBG005YTNMT2 4,769 $241,168 9.78%
6 SPDR LONG TERM TREASURY ETF SPTL BBG000RFRG83 4,315 $130,917 5.31%
7 APPLE ORD AAPL BBG000B9XRY4 548 $88,102 3.57%
8 AMAZON COM ORD AMZN BBG000BVPV84 848 $85,012 3.45%
9 WISDOMTREE FLOATING RATE TREASRY ETF USFR BBG005YHYNF9 1,304 $65,513 2.66%
10 NVIDIA ORD NVDA BBG000BBJQV0 233 $62,873 2.55%
11 MASTERCARD CL A ORD MA BBG000F1ZSQ2 107 $38,470 1.56%
12 ELI LILLY ORD LLY BBG000BNBDC2 108 $36,274 1.47%
13 HOME DEPOT ORD HD BBG000BKZB36 119 $33,720 1.37%
14 PEPSICO ORD PEP BBG000DH7JK6 173 $31,256 1.27%
15 WALMART ORD WMT BBG000BWXBC2 192 $27,692 1.12%
16 ADOBE ORD ADBE BBG000BB5006 71 $26,920 1.09%
17 ACCENTURE CL A ORD ACN BBG000D9D830 92 $25,754 1.04%
18 NIKE CL B ORD NKE BBG000C5HS04 193 $23,255 0.94%
19 STARBUCKS ORD SBUX BBG000CTQBF3 198 $19,923 0.81%
20 LOCKHEED MARTIN ORD LMT BBG000C1BW00 41 $19,442 0.79%
21 BOOKING HOLDINGS ORD BKNG BBG000BLBVN4 7 $18,002 0.73%
22 ILLINOIS TOOL ORD ITW BBG000BMBL90 70 $16,761 0.68%
23 CADENCE DESIGN SYSTEMS ORD CDNS BBG000C13CD9 80 $16,480 0.67%
24 AON CL A ORD AON BBG00SSQFPK6 53 $16,573 0.67%
25 COLGATE PALMOLIVE ORD CL BBG000BFQYY3 214 $15,937 0.65%
26 MOODYS ORD MCO BBG000F86GP6 53 $15,876 0.64%
27 ESTEE LAUDER CL A ORD EL BBG000FKJRC5 65 $15,901 0.64%
28 FORTINET ORD FTNT BBG000BCMBG4 240 $15,554 0.63%
29 MOTOROLA SOLUTIONS ORD MSI BBG000BP8Z50 56 $15,501 0.63%
30 KIMBERLY CLARK ORD KMB BBG000BMW2Z0 116 $15,368 0.62%
31 UBER TECHNOLOGIES ORD UBER BBG002B04MT8 492 $15,188 0.62%
32 IDEXX LABORATORIES ORD IDXX BBG000BLRT07 31 $15,116 0.61%
33 METTLER TOLEDO ORD MTD BBG000BZCKH3 10 $14,963 0.61%
34 DEXCOM ORD DXCM BBG000QTF8K1 132 $15,043 0.61%
35 AUTODESK ORD ADSK BBG000BM7HL0 74 $14,738 0.60%
36 SHERWIN WILLIAMS ORD SHW BBG000BSXQV7 69 $14,857 0.60%
37 MSCI ORD MSCI BBG000RTDY25 27 $14,875 0.60%
38 TRANE TECHNOLOGIES ORD TT BBG000BM6788 79 $14,623 0.59%
39 YUM BRANDS ORD YUM BBG000BH3GZ2 111 $14,254 0.58%
40 MARRIOTT INTERNATIONAL CL A ORD MAR BBG000BGD7W6 86 $13,943 0.57%
41 OTIS WORLDWIDE ORD OTIS BBG00RP60KV0 167 $13,833 0.56%
42 WW GRAINGER ORD GWW BBG000BKR1D6 20 $13,501 0.55%
43 HUBSPOT ORD HUBS BBG000N7MZ06 33 $13,585 0.55%
44 VERISIGN ORD VRSN BBG000BGKHZ3 65 $13,349 0.54%
45 CUMMINS ORD CMI BBG000BGPTV6 57 $13,264 0.54%
46 FAIR ISAAC ORD FICO BBG000DW76Y6 19 $13,264 0.54%
47 GARTNER ORD IT BBG000BB65D0 41 $13,053 0.53%
48 CLOROX ORD CLX BBG000BFS7D3 82 $12,751 0.52%
49 HP ORD HPQ BBG000KHWT55 452 $12,796 0.52%
50 XYLEM ORD XYL BBG001D8R5D0 123 $12,482 0.51%
51 FERGUSON ORD FERG BBG00P5M4V07 93 $12,241 0.50%
52 GENUINE PARTS ORD GPC BBG000BKL348 74 $12,028 0.49%
53 DELL TECHNOLOGIES CL C ORD DELL BBG00DW3SZS1 294 $11,501 0.47%
54 SPLUNK ORD SPLK BBG001C7TST4 123 $11,251 0.46%
55 ETSY ORD ETSY BBG000N7MXL8 104 $11,198 0.45%
56 EXPEDIA GROUP ORD EXPE BBG000QY3XZ2 117 $11,119 0.45%
57 SIRIUS XM HOLDINGS ORD SIRI BBG000BT0093 2,579 $10,058 0.41%
58 CASH & OTHER 8,740 $8,741 0.35%

Holdings Subject to Change

05.

Fund Performance

Month End as of 2/28/2023

1 Month 3 Months YTD 1 Year 3 Years 5 Years ITD
Fund NAV -2.87% -0.79% 0.94% TBD TBD TBD -4.12%
Market Price -3.06% -0.73% 0.66% TBD TBD TBD -4.11%

Quarter End as of 12/31/2022

1 Month 3 Months YTD 1 Year 3 Years 5 Years ITD
Fund NAV -1.72% 2.00% TBD TBD TBD TBD -5.02%
Market Price -1.38% 2.31% TBD TBD TBD TBD -4.74%

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 03/29/2023

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.
$22.41 $22.43 +$0.02 +0.32%
hidingText Days
At NAV 		Days
At Premium 		Days
At Discount
Calendar Year 2022 0 154 12
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
2022 Form 8937 Download
19a-1 Notice (Mar 23) Download
SAI Download
SAR Download
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