loading-logo

logo__img

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 05/30/2023

Fund NAV Market Price
Amount ($) $21.94 $22.01
Daily Change ($) +$0.05 +$0.05
Daily Change (%) +0.23% +0.22%

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
05/02/2023 05/03/2023 05/05/2023 $0.1320 - -
04/04/2023 04/05/2023 04/10/2023 $0.1327 - -
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 05/30/2023

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 $2,194,415
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 $2,194,415
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 05/30/2023

No. Name Ticker FIGI Shares Market Value Weight
1 ISHARES TREASURY FLOATNG RATE BD ETF TFLO BBG005YTNMT2 4,427 $224,228 10.22%
2 SPDR BLOOMBERG 1-3 MONTH T-B BIL BBG000RFQSH8 2,441 $223,962 10.21%
3 ISHARES 0 TO 3 MNTH TREASURY BND ETF SGOV BBG00TZR7XN3 2,228 $224,115 10.21%
4 VANGUARD LONG TERM TREASURY ETF VGLT BBG000PX0M82 3,460 $218,464 9.96%
5 SPDR LONG TERM TREASURY ETF SPTL BBG000RFRG83 7,344 $218,484 9.96%
6 ISHARES 20+ YEAR TREASURY BO TLT BBG000BJKYW3 2,139 $218,392 9.95%
7 SCHWAB LONG TERM US TREASURY ETF SCHQ BBG00PZFJPC3 4,494 $162,188 7.39%
8 HOME DEPOT ORD HD BBG000BKZB36 189 $55,264 2.52%
9 PEPSICO ORD PEP BBG000DH7JK6 278 $50,488 2.30%
10 ACCENTURE CL A ORD ACN BBG000D9D830 137 $42,255 1.93%
11 WISDOMTREE FLOATING RATE TREASRY ETF USFR BBG005YHYNF9 681 $34,254 1.56%
12 NIKE CL B ORD NKE BBG000C5HS04 271 $28,867 1.32%
13 UNITED PARCEL SERVICE CL B ORD UPS BBG000L9CV04 167 $28,350 1.29%
14 LOCKHEED MARTIN ORD LMT BBG000C1BW00 53 $23,742 1.08%
15 HUMANA ORD HUM BBG000BLKK03 36 $17,824 0.81%
16 SHERWIN WILLIAMS ORD SHW BBG000BSXQV7 72 $16,448 0.75%
17 FEDEX ORD FDX BBG000BJF1Z8 72 $16,282 0.74%
18 3M ORD MMM BBG000BP52R2 164 $15,754 0.72%
19 AUTODESK ORD ADSK BBG000BM7HL0 76 $14,823 0.68%
20 IDEXX LABORATORIES ORD IDXX BBG000BLRT07 29 $13,520 0.62%
21 ARCHER DANIELS MIDLAND ORD ADM BBG000BB6WG8 187 $13,357 0.61%
22 ESTEE LAUDER CL A ORD EL BBG000FKJRC5 69 $13,242 0.60%
23 YUM BRANDS ORD YUM BBG000BH3GZ2 100 $12,779 0.58%
24 OTIS WORLDWIDE ORD OTIS BBG00RP60KV0 156 $12,672 0.58%
25 KROGER ORD KR BBG000BMY992 272 $12,501 0.57%
26 CLOROX ORD CLX BBG000BFS7D3 64 $10,044 0.46%
27 WALGREEN BOOTS ALLIANCE ORD WBA BBG000BWLMJ4 328 $9,817 0.45%
28 LABORATORY CORPRTN OF AMER HLDGS ORD LH BBG000D9DMK0 47 $9,961 0.45%
29 JB HUNT TRANSPORT SERVICES ORD JBHT BBG000BMDBZ1 57 $9,761 0.44%
30 ARROW ELECTRONICS ORD ARW BBG000BCD3D5 73 $9,332 0.43%
31 MANHATTAN ASSOCIATES ORD MANH BBG000BFV758 53 $9,490 0.43%
32 CARMAX ORD KMX BBG000BLMZK6 129 $9,541 0.43%
33 ULTA BEAUTY ORD ULTA BBG00FWQ4VD6 22 $9,068 0.41%
34 LENNOX INTERNATIONAL ORD LII BBG000BB5B84 31 $8,710 0.40%
35 PACKAGING CORP OF AMERICA ORD PKG BBG000BB8SW7 69 $8,721 0.40%
36 CASEYS GENERAL STORES ORD CASY BBG000BF0672 38 $8,719 0.40%
37 HORMEL FOODS ORD HRL BBG000BLF8D2 227 $8,701 0.40%
38 BATH AND BODY WORKS ORD BBWI BBG000BNGTQ7 239 $8,673 0.40%
39 STANLEY BLACK AND DECKER ORD SWK BBG000BTQR96 113 $8,755 0.40%
40 WATERS ORD WAT BBG000FQRVM3 34 $8,689 0.40%
41 JACK HENRY AND ASSOCIATES ORD JKHY BBG000BMH2Q7 58 $8,616 0.39%
42 RPM ORD RPM BBG000DCNK80 108 $8,614 0.39%
43 DOMINOS PIZZA ORD DPZ BBG000P458P3 29 $8,450 0.39%
44 SONOCO PRODUCTS ORD SON BBG000D7HF89 137 $8,402 0.38%
45 CROWN HOLDINGS ORD CCK BBG000BF6756 104 $8,156 0.37%
46 SEI INVESTMENTS ORD SEIC BBG000BSQLT9 142 $8,137 0.37%
47 MURPHY USA ORD MUSA BBG001Z0Q6T5 29 $8,136 0.37%
48 RYDER SYSTEM ORD R BBG000BRVP70 99 $7,962 0.36%
49 WILLIAMS SONOMA ORD WSM BBG000FSMWC3 69 $7,987 0.36%
50 ROBERT HALF INT ORD RHI BBG000BS5DR2 116 $7,745 0.35%
51 RB GLOBAL INC RBA BBG000C1DF05 146 $7,748 0.35%
52 PAPA JOHNS INTERNATIONAL ORD PZZA BBG000BFWF13 102 $7,324 0.33%
53 BJS WHOLESALE CLUB HOLD ORD BJ BBG00FQ8T4G3 116 $7,134 0.33%
54 INSPERITY ORD NSP BBG000BJ41X2 64 $7,065 0.32%
55 CORVEL ORD CRVL BBG000CVKZY0 37 $7,121 0.32%
56 KONTOOR BRANDS ORD KTB BBG00LPTHYD5 170 $6,885 0.31%
57 KOHL'S ORD KSS BBG000CS7CT9 341 $6,479 0.30%
58 INSTALLED BUILDING PRODUCTS ORD IBP BBG005TJKDZ6 62 $6,622 0.30%
59 CASH & OTHER 5,595 $5,595 0.25%

Holdings Subject to Change

05.

Fund Performance

Month End as of 4/30/2023

1 Month 3 Months YTD 1 Year 3 Years 5 Years ITD
Fund NAV 0.05% 0.62% 4.57% TBD TBD TBD -0.68%
Market Price 0.23% 0.65% 4.51% TBD TBD TBD -0.44%

Quarter End as of 3/31/2023

1 Month 3 Months YTD 1 Year 3 Years 5 Years ITD
Fund NAV 3.54% 4.51% 4.51% TBD TBD TBD -0.73%
Market Price 3.59% 4.27% 4.27% TBD TBD TBD -0.67%

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 05/30/2023

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.
$21.94 $22.01 +$0.07 +0.32%
hidingText Days
At NAV 		Days
At Premium 		Days
At Discount
1Q 2023 0 57 5
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 (Jul 22) Download
19a-1 Notice (Jun 22) Download
SOI (Feb 23) Download
You're now leaving akrosetfs.com.
Cancel Leave