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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%. 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 04/23/2024

Fund NAV Market Price
Price ($) $23.55 $23.51
Daily Change ($) +$0.25 +$0.25
Daily Change (%) +1.07% +1.08%

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 04/23/2024

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 $1,884,417
Shares 80,001
Holdings 51
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 $1,884,417
Shares 80,001
Holdings 51
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 04/23/2024

No. Name Ticker FIGI Shares Market Value Weight
1 ALPHABET CL A ORD GOOGL BBG009S39JX6 1,007 $159,368 8.46%
2 AMAZON COM ORD AMZN BBG000BVPV84 845 $151,711 8.05%
3 APPLE ORD AAPL BBG000B9XRY4 876 $146,204 7.76%
4 HOME DEPOT ORD HD BBG000BKZB36 166 $56,274 2.99%
5 CISCO SYSTEMS ORD CSCO BBG000C3J3C9 910 $43,971 2.33%
6 ACCENTURE CL A ORD ACN BBG000D9D830 136 $43,089 2.29%
7 INTERNATIONAL BUSINESS MACHINES ORD IBM BBG000BLNNH6 222 $40,446 2.15%
8 NIKE CL B ORD NKE BBG000C5HS04 413 $38,830 2.06%
9 UNITED PARCEL SERVICE CL B ORD UPS BBG000L9CV04 251 $37,366 1.98%
10 LOCKHEED MARTIN ORD LMT BBG000C1BW00 77 $35,426 1.88%
11 BOOKING HOLDINGS ORD BKNG BBG000BLBVN4 10 $35,340 1.88%
12 DELL TECHNOLOGIES CL C ORD DELL BBG00DW3SZS1 292 $35,224 1.87%
13 ISHARES BROAD USD HG YLD CRP BND ETF USHY BBG00J2DRZT9 969 $34,971 1.86%
14 TJX ORD TJX BBG000BV8DN6 355 $33,548 1.78%
15 STARBUCKS ORD SBUX BBG000CTQBF3 380 $33,391 1.77%
16 HCA HEALTHCARE ORD HCA BBG000QW7VC1 100 $31,943 1.70%
17 COLGATE PALMOLIVE ORD CL BBG000BFQYY3 351 $31,092 1.65%
18 KIMBERLY CLARK ORD KMB BBG000BMW2Z0 223 $30,337 1.61%
19 ESTEE LAUDER CL A ORD EL BBG000FKJRC5 201 $29,945 1.59%
20 CADENCE DESIGN SYSTEMS ORD CDNS BBG000C13CD9 106 $29,867 1.58%
21 FEDEX ORD FDX BBG000BJF1Z8 109 $29,621 1.57%
22 ALLSTATE ORD ALL BBG000BVMGF2 168 $29,447 1.56%
23 MERCADOLIBRE ORD MELI BBG000GQPB11 21 $29,295 1.55%
24 STELLANTIS ORD STLA BBG0078ZLDG9 1,140 $28,454 1.51%
25 FORTINET ORD FTNT BBG000BCMBG4 435 $28,188 1.50%
26 DELTA AIR LINES ORD DAL BBG000R7Z112 568 $27,963 1.48%
27 FERGUSON ORD FERG BBG00P5M4V07 130 $27,547 1.46%
28 OTIS WORLDWIDE ORD OTIS BBG00RP60KV0 281 $27,389 1.45%
29 HALLIBURTON ORD HAL BBG000BKTFN2 705 $27,206 1.44%
30 3M ORD MMM BBG000BP52R2 285 $26,505 1.41%
31 ELECTRONIC ARTS ORD EA BBG000BP0KQ8 208 $26,445 1.40%
32 SYSCO ORD SYY BBG000BTVJ25 343 $26,397 1.40%
33 EBAY ORD EBAY BBG000C43RR5 513 $26,291 1.40%
34 GARTNER ORD IT BBG000BB65D0 58 $26,115 1.39%
35 COGNIZANT TECHNOLOGY SOLUTN CL A ORD CTSH BBG000BBDV81 376 $25,482 1.35%
36 BOOZ ALLEN HAMILTON HOLDING CL A ORD BAH BBG000R2YFG7 174 $25,397 1.35%
37 LEIDOS HOLDINGS ORD LDOS BBG000C23PB0 197 $25,350 1.35%
38 LENNOX INTERNATIONAL ORD LII BBG000BB5B84 53 $25,263 1.34%
39 KEYSIGHT TECHNOLOGIES ORD KEYS BBG0059FN811 171 $25,103 1.33%
40 BAXTER INTERNATIONAL ORD BAX BBG000BCVJ77 611 $25,063 1.33%
41 ALIGN TECHNOLOGY ORD ALGN BBG000BRNLL2 80 $24,950 1.32%
42 METTLER TOLEDO ORD MTD BBG000BZCKH3 20 $24,826 1.32%
43 HP ORD HPQ BBG000KHWT55 894 $24,737 1.31%
44 CLOROX ORD CLX BBG000BFS7D3 169 $24,669 1.31%
45 NETAPP ORD NTAP BBG000FP1N32 247 $24,557 1.30%
46 STEEL DYNAMICS ORD STLD BBG000HGYNZ9 178 $23,880 1.27%
47 DICKS SPORTING ORD DKS BBG000F6ZWH2 115 $23,700 1.26%
48 BEST BUY ORD BBY BBG000BCWCG1 313 $23,488 1.25%
49 WILLIAMS SONOMA ORD WSM BBG000FSMWC3 82 $23,376 1.24%
50 JABIL ORD JBL BBG000BJNGN9 188 $22,727 1.21%
51 ULTA BEAUTY ORD ULTA BBG00FWQ4VD6 52 $21,802 1.16%
52 CASH & OTHER 4,839 $4,840 0.26%

Holdings Subject to Change

05.

Fund Performance

Month 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%

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 04/23/2024

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.
$23.55 $23.51 -$0.04 +0.58%
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
2022 Form 8937 Download
SAR Download
19a-1 Notice (Apr 24) Download
SOI (Feb 24) Download