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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 07-17-2024

Fund NAV Market Price
Price ($) $25.30 $25.32
Daily Change ($) -$0.76 -$0.75
Daily Change (%) -2.92% -2.88%

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 07-17-2024

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 $2,783,105
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 $2,783,105
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 07/17/2024

No. Name Ticker FIGI Shares Market Value Weight
1 APPLE ORD AAPL BBG000B9XRY4 831 $190,199 6.83%
2 NVIDIA ORD NVDA BBG000BBJQV0 1,486 $175,333 6.30%
3 MICROSOFT ORD MSFT BBG000BPH459 383 $169,868 6.10%
4 SPDR GOLD MINISHARES ETV GLDM BBG00L8YYP89 2,884 $140,480 5.05%
5 ISHARES GOLD TRUST MICRO IAUM BBG011K3SN42 4,311 $105,706 3.80%
6 ALPHABET CL A ORD GOOGL BBG009S39JX6 580 $104,992 3.77%
7 AMAZON COM ORD AMZN BBG000BVPV84 529 $99,415 3.57%
8 VISTRA ORD VST BBG00DXDL6Q1 1,144 $87,173 3.13%
9 UGI ORD UGI BBG000BVYN55 2,811 $69,094 2.48%
10 ENLINK MIDSTREAM COM UNT ENLC BBG000F2SFN9 4,625 $64,796 2.33%
11 META PLATFORMS CL A ORD META BBG000MM2P62 134 $61,907 2.22%
12 NRG ENERGY ORD NRG BBG000D8RG11 831 $60,281 2.17%
13 CARVANA CL A ORD CVNA BBG00GCTWDJ3 435 $58,181 2.09%
14 ELI LILLY ORD LLY BBG000BNBDC2 59 $53,430 1.92%
15 TARGA RESOURCES ORD TRGP BBG0015XMW40 372 $49,837 1.79%
16 MICROSTRATEGY CL A ORD MSTR BBG000GQJPZ0 31 $49,290 1.77%
17 EVERSOURCE ENERGY ORD ES BBG000BQ87N0 744 $45,793 1.65%
18 CLEARWAY ENERGY CL C ORD CWEN BBG008LJ4TF3 1,798 $45,561 1.64%
19 KINDER MORGAN CL P ORD KMI BBG0019JZ882 2,145 $44,037 1.58%
20 ANTERO MIDSTREAM ORD AM BBG00GBNZ4M0 2,963 $43,141 1.55%
21 ABERCROMBIE AND FITCH CL A ORD ANF BBG000H9G7X2 273 $42,528 1.53%
22 DOMINION ENERGY ORD D BBG000BGVW60 804 $41,840 1.50%
23 INSMED ORD INSM BBG000BWM5P3 553 $41,774 1.50%
24 BROOKFIELD INFRASTRUCTUR PARTNER UNT BIP BBG000B9Y8D8 1,338 $41,705 1.50%
25 CONSTELLATION ENERGY ORD CEG BBG014KFRNP7 218 $40,694 1.46%
26 CELESTICA ORD CLS BBG000BPS2C3 698 $39,674 1.43%
27 TC ENERGY ORD TRP BBG000BVN235 974 $39,018 1.40%
28 TESLA ORD TSLA BBG000N9MNX3 155 $38,518 1.38%
29 MASTERCARD CL A ORD MA BBG000F1ZSQ2 84 $37,897 1.36%
30 APPLOVIN CL A ORD APP BBG006HFPX77 464 $37,208 1.34%
31 COINBASE GLOBAL CL A ORD COIN BBG00ZGF7771 145 $36,120 1.30%
32 EDISON INTERNATIONAL ORD EIX BBG000D7RKJ5 452 $34,058 1.22%
33 EXXON MOBIL ORD XOM BBG000GZQ728 288 $33,880 1.22%
34 HOME DEPOT ORD HD BBG000BKZB36 91 $33,842 1.22%
35 MDU RESOURCES GROUP ORD MDU BBG000BNX3R4 1,287 $33,359 1.20%
36 NETFLIX ORD NFLX BBG000CL9VN6 50 $32,373 1.16%
37 SUPER MICRO COMPUTER ORD SMCI BBG000MYZDJ3 39 $31,836 1.14%
38 WIX.COM ORD WIX BBG005CM7J89 193 $31,214 1.12%
39 SOUTHWEST GAS HOLDINGS ORD SWX BBG00FWP4JW4 419 $30,926 1.11%
40 MERCK & CO ORD MRK BBG000BPD168 245 $30,843 1.11%
41 VERTIV HOLDINGS CL A ORD VRT BBG00L2B8KW8 365 $29,850 1.07%
42 EXELON ORD EXC BBG000J6XT05 799 $29,108 1.05%
43 FAIR ISAAC ORD FICO BBG000DW76Y6 18 $28,850 1.04%
44 COSTCO WHOLESALE ORD COST BBG000F6H8W8 33 $27,927 1.00%
45 QUALCOMM ORD QCOM BBG000CGC1X8 144 $27,590 0.99%
46 WILLIAMS ORD WMB BBG000BWVCP8 644 $27,467 0.99%
47 FTAI AVIATION ORD FTAI BBG019M62R45 265 $27,239 0.98%
48 WILLIAMS SONOMA ORD WSM BBG000FSMWC3 180 $27,014 0.97%
49 WINGSTOP ORD WING BBG008N298Y8 74 $26,906 0.97%
50 GAP ORD GPS BBG000BKLH74 1,153 $26,461 0.95%
51 EQUITRANS MIDSTREAM ORD ETRN BBG00K53L394 2,117 $26,335 0.95%
52 CROWDSTRIKE HOLDINGS CL A ORD CRWD BBG00BLYKS03 66 $23,426 0.84%
53 CASH & OTHER Cash-USD BBG0013HGBT3 7,069 $7,069 0.25%

Holdings Subject to Change

05.

Fund Performance

Month 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%

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 07-17-2024

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.
$25.30 $25.32 +$0.02 +0.36%
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
2023 Form 8937 Download
SAR Download
19a-1 Notice (Jul 24) Download
SAI Download