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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 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%. 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 05/17/2024

Fund NAV Market Price
Price ($) $24.35 $24.46
Daily Change ($) +$0.04 +$0.09
Daily Change (%) +0.16% +0.36%

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.

Fund Details

Data as of 05/17/2024

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 $2,191,705
Shares 90,001
Holdings 53
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

(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 $2,191,705
Shares 90,001
Holdings 53
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

(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 05/17/2024

No. Name Ticker FIGI Shares Market Value Weight
1 APPLE ORD AAPL BBG000B9XRY4 874 $165,946 7.57%
2 NVIDIA ORD NVDA BBG000BBJQV0 177 $163,688 7.47%
3 MICROSOFT ORD MSFT BBG000BPH459 389 $163,462 7.46%
4 ISHARES GOLD TRUST MICRO IAUM BBG011K3SN42 4,372 $105,496 4.81%
5 SPDR GOLD MINISHARES ETV GLDM BBG00L8YYP89 2,199 $105,376 4.81%
6 AMAZON COM ORD AMZN BBG000BVPV84 543 $100,292 4.58%
7 BROADCOM ORD AVGO BBG00KHY5S69 47 $65,579 2.99%
8 BERKSHIRE HATHAWAY CL B ORD BRK/B BBG000DWG505 132 $55,036 2.51%
9 ELI LILLY ORD LLY BBG000BNBDC2 69 $53,130 2.42%
10 JPMORGAN CHASE ORD JPM BBG000DMBXR2 254 $52,017 2.37%
11 TESLA ORD TSLA BBG000N9MNX3 288 $51,108 2.33%
12 VISA CL A ORD V BBG000PSKYX7 182 $50,978 2.33%
13 EXXON MOBIL ORD XOM BBG000GZQ728 402 $48,095 2.19%
14 MASTERCARD CL A ORD MA BBG000F1ZSQ2 99 $45,567 2.08%
15 UNITEDHEALTH GRP ORD UNH BBG000CH5208 79 $41,446 1.89%
16 NRG ENERGY ORD NRG BBG000D8RG11 451 $37,117 1.69%
17 HOME DEPOT ORD HD BBG000BKZB36 105 $36,142 1.65%
18 MERCK & CO ORD MRK BBG000BPD168 272 $35,684 1.63%
19 ORACLE ORD ORCL BBG000BQLTW7 284 $35,074 1.60%
20 JOHNSON & JOHNSON ORD JNJ BBG000BMHYD1 225 $34,794 1.59%
21 ABBVIE ORD ABBV BBG0025Y4RY4 203 $33,783 1.54%
22 CHEVRON ORD CVX BBG000K4ND22 199 $32,371 1.48%
23 SALESFORCE ORD CRM BBG000BN2DC2 106 $30,275 1.38%
24 BANK OF AMERICA ORD BAC BBG000BCTLF6 762 $29,939 1.37%
25 CATERPILLAR ORD CAT BBG000BF0K17 82 $29,214 1.33%
26 ADOBE ORD ADBE BBG000BB5006 60 $29,006 1.32%
27 TC ENERGY ORD TRP BBG000BVN235 741 $28,832 1.32%
28 ADVANCED MICRO DEVICES ORD AMD BBG000BBQCY0 171 $28,124 1.28%
29 ISHARES GOLD ETF IAU BBG000QLKDR4 558 $25,495 1.16%
30 ACCENTURE CL A ORD ACN BBG000D9D830 82 $24,894 1.14%
31 CONSTELLATION ENERGY ORD CEG BBG014KFRNP7 113 $24,081 1.10%
32 DOMINION ENERGY ORD D BBG000BGVW60 444 $23,754 1.08%
33 UGI ORD UGI BBG000BVYN55 901 $22,318 1.02%
34 APPLIED MATERIAL ORD AMAT BBG000BBPFB9 104 $22,056 1.01%
35 QUALCOMM ORD QCOM BBG000CGC1X8 113 $21,906 1.00%
36 THERMO FISHER SCIENTIFIC ORD TMO BBG000BVDLH9 36 $21,431 0.98%
37 VISTRA ORD VST BBG00DXDL6Q1 225 $21,168 0.97%
38 MDU RESOURCES GROUP ORD MDU BBG000BNX3R4 807 $20,562 0.94%
39 EVERSOURCE ENERGY ORD ES BBG000BQ87N0 336 $20,483 0.93%
40 CISCO SYSTEMS ORD CSCO BBG000C3J3C9 425 $20,472 0.93%
41 MCDONALD'S ORD MCD BBG000BNSZP1 74 $20,156 0.92%
42 LINDE ORD LIN BBG01FND0CC1 46 $19,896 0.91%
43 SERVICENOW ORD NOW BBG000M1R011 26 $19,891 0.91%
44 SOUTHWSTN ENER ORD SWN BBG000BTR593 2,495 $18,787 0.86%
45 BOOKING HOLDINGS ORD BKNG BBG000BLBVN4 5 $18,542 0.85%
46 WELLS FARGO ORD WFC BBG000BWQFY7 296 $18,080 0.82%
47 INTUIT ORD INTU BBG000BH5DV1 27 $17,852 0.81%
48 NIKE CL B ORD NKE BBG000C5HS04 189 $17,422 0.79%
49 LOWE'S COMPANIES ORD LOW BBG000BNDN65 70 $16,178 0.74%
50 AMERICAN EXPRESS ORD AXP BBG000BCQZS4 66 $16,026 0.73%
51 INTERNATIONAL BUSINESS MACHINES ORD IBM BBG000BLNNH6 93 $15,720 0.72%
52 ABBOTT LABORATORIES ORD ABT BBG000B9ZXB4 151 $15,718 0.72%
53 LAM RESEARCH ORD LRCX BBG000BNFLM9 17 $15,505 0.71%
54 CASH & OTHER 5,739 $5,740 0.26%

Holdings Subject to Change

05.

Fund Performance

Month End as of 4/30/2024

1 Month 3 Months YTD 1 Year 3 Years 5 Years ITD
Fund NAV -4.07% 4.50% 3.99% 11.27% TBD TBD 5.16%
Market Price -4.01% 4.34% 3.69% 10.89% TBD TBD 5.11%

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 05/17/2024

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.
$24.35 $24.46 +$0.11 +0.60%
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 (May 24) Download
SAI Download