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BUCK

Simplify Treasury Option Income ETF

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as of 09/25/2024

NAV

$ 24.56

NAV Change

- $ 0.21 /0.85%

Price

$ 24.57

Price Change

- $ 0.28 /1.13%
The Simplify Treasury Option Income ETF (BUCK) seeks to provide monthly income by investing at least 80% of its net assets in U.S. Treasury securities while adding additional value through an options income strategy.

The Treasury component is actively managed to seek the highest total returns while maintaining a duration of 1 year or less.

The risk-managed options writing strategy is designed to provide additional income as well as add to the fund’s total returns.


 
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Documents

Fund Overview

As of 09/25/2024

Ticker Symbol
BUCK
Gross Expense Ratio
0.35%
CUSIP
82889N640
Total Assets
$197,062,528.12
Shares Outstanding
8,025,001
Distribution Rate as of 08/31/2024 Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
Distribution Rate Close
Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
9.75%
Distribution Frequency
Monthly
30-Day SEC Yield (Subsidized) as of 08/31/2024 SEC 30-day Yield is available once fund has a full quarter of performance.
SEC 30-Day Yield Close
SEC 30-day Yield is available once fund has a full quarter of performance.
-
30-Day SEC Yield (Unsubsidized) as of 08/31/2024
4.84%
Portfolio Duration
0.08
Options Available
No
Inception Date
10/27/2022
Premium/Discount (%) as of 09/25/2024
0.06%
NAV Per Share as of 09/25/2024
$24.56
Market Price as of 09/25/2024
$24.57
30-Day Median Bid-Ask Spread
0.12%
Bid/Ask
$24.57/$24.61
Midpoint Price
$24.59
Volume
219,429
NAV Symbol
BUCK.NV
IOPV Symbol
BUCK.IV
Shares Out. Symbol
BUCK.SO
Schedule K-1
No

Management Fees

This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees 0.35%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses1 0.00%
Total Annual Fund Operating Expenses 0.35%
1. Other Expenses have been restated. The Fund no longer engages in transactions that incur interest expense.

Fund Performance

As of 08/31/2024 06/30/2024

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 0.98% 2.41% 2.50% 5.16% 6.32% 10.77%
Market Price 1.30% 2.46% 2.67% 5.19% 6.71% 10.47%
Annualized 1 Year 3 Year Since Inception
NAV 6.32% — 5.70%
Market Price 6.71% — 5.56%
Cumulative 1 Year Since Inception
NAV 5.39% 8.84%
Market Price 5.55% 8.56%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 5.39% — — 5.19%
Market Price 5.55% — — 5.04%
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.

The Adviser has voluntarily agreed to limit fees. This agreement may change or end at any time. Performance would have been lower without limitations in effect.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

Historical Premium/Discount

Calendar Year 2023 2nd Quarter of 2024
Days Traded at Premium
119
40
Days Traded at Discount
131
23
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported Net Asset Value. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. EST). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.

Portfolio Holdings

As of 09/25/2024

Holdings - All ETFs
Ticker Name Quantity Weight
- US TRS BND FRI WK1Oct24C 134 -750 0.00%
- US TRS BND FRI WK1Oct24P 120 -1,251 -0.03%
- US TRS BND FRI WK2Oct24C 134 -750 -0.01%
- US TRS BND FRI WK2Oct24P 120 -1,500 -0.08%
- US BOND FUTR OPTN Nov24C 134 -750 -0.02%
- US BOND FUTR OPTN Nov24P 120 -1,500 -0.17%
T Bills UNITED STS TREAS BILLS 0.0 15OCT24 50,000,000 25.31%
T Bills UNITED STS TREAS BILLS 0.0 29OCT24 148,500,000 75.04%
- Estimated Cash -94,525 -0.05%

Holdings are subject to change without notice.

Recent Distributions

This Fund is required to meet the reporting requirement of Section 19(a) of the Investment Company Act of 1940 where the payment of any distribution is to be accompanied by a written notice that discloses the sources of a payment if it is made from any source other than the Fund's net income. Section 19(a) notices are typically released after a Fund's dividend declaration date. As such, the reported distribution details below are subject to change without notice.

Ex-Dividend Date Record Date Payable Date Ordinary Income Short Term Capital Gains Long Term Capital Gains Return of Capital Total Distribution
N/A N/A N/A N/A N/A
$0.20000 $0.00000 $0.00000 $0.00000 $0.20000
$0.05200 $0.00000 $0.00000 $0.14800 $0.20000
$0.05428 $0.00000 $0.00000 $0.14572 $0.20000
$0.05816 $0.00000 $0.00000 $0.14185 $0.20000
View Distribution History

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