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BUCK

Simplify Stable Income ETF

as of 02/21/2024

NAV

$ 25.26

NAV Change

+ $ 0.02 /0.08%

Price

$ 25.23

Price Change

+ $ 0.05 /0.20%
The Simplify Stable Income ETF (BUCK) seeks to provide monthly income.

The fund is actively managed with the goal of creating high risk-adjusted yield through efficient short-term fixed income positioning and structural option-writing opportunities.

The fund is intended to be a cash or fixed income alternative, as it seeks to enhance typical yields of a more traditional, passive investment in short-dated fixed income.

 

Fund Overview

As of 02/21/2024

Ticker Symbol
BUCK
Gross Expense Ratio
0.35%
CUSIP
82889N640
Total Assets
$116,214,755.18
Shares Outstanding
4,600,001
Distribution Yield as of 01/31/2024 Distribution yield 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 yield.
Distribution Yield Close
Distribution yield 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 yield.
9.64%
Distribution Frequency
Monthly
SEC 30-Day Yield as of 01/31/2024 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.
4.46%
Unsubsidized 30-Day SEC Yield as of 01/31/2024
4.46%
Portfolio Duration
0.11
Options Available
No
Inception Date
10/27/2022
Premium/Discount (%) as of 02/21/2024
-0.13%
NAV Per Share as of 02/21/2024
$25.26
Market Price as of 02/21/2024
$25.23
30-Day Median Bid-Ask Spread
0.28%
Bid/Ask
$25.21/$25.25
Midpoint Price
$25.23
Volume
18,841
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 01/31/2024 12/31/2023

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 0.61% 0.93% 2.19% 0.61% 4.69% 5.98%
Market Price 0.60% 1.05% 2.26% 0.60% 4.69% 5.64%
Annualized 1 Year 3 Year Since Inception
NAV 4.69% 4.70%
Market Price 4.69% 4.45%
Cumulative 1 Year Since Inception
NAV 4.52% 5.33%
Market Price 4.61% 5.01%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 4.52% 4.50%
Market Price 4.61% 4.25%

Historical Premium/Discount

Calendar Year 2023 4th Quarter of 2023
Days Traded at Premium
119
28
Days Traded at Discount
131
35

Portfolio Holdings

Ticker Name Quantity Weight
USH4 COM US LONG BOND(CBT) MAR24 -100 0.04%
- US BOND FUTR OPTN Mar24P 111 -1000 0.00%
- US BOND FUTR OPTN Mar24C 124 -1500 0.00%
- US BOND FUTR OPTN Mar24P 110 -1500 0.00%
- US TRS BND FRI WK1Mar24C 125 -2000 0.00%
- US TRS BND FRI WK1Mar24C 123 -2000 -0.03%
- US TRS BND FRI WK1Mar24P 113 -2000 -0.05%
- US TRS BND FRI WK1Mar24P 115 -2000 -0.22%
- US BOND FUTR OPTN Apr24C 125 -1500 -0.12%
- US BOND FUTR OPTN Apr24P 111 -1500 -0.18%
- US BOND FUTR OPTN Jun24P 112 -500 -0.44%
- US BOND FUTR OPTN Sep24P 110 -200 -0.24%
LQD US 07/19/24 C116 LQD Jul 2024 116 Call -2000 -0.05%
T Bills WIB 02/29/24 4800000 4.13%
T Bills B 03/28/24 56500000 48.37%
T Bills B 04/02/24 8700000 7.44%
T Bills B 04/11/24 36000000 30.76%
T Bills B 04/16/24 10800000 9.22%
- Estimated Cash 1588455 1.37%

Recent Distributions

Recent Distribution Disclosure

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
$0.05040 $0.00000 $0.00000 $0.14960 $0.20000
$0.07636 $0.02364 $0.00962 $0.00000 $0.10962
$0.05330 $0.00000 $0.00000 $0.04670 $0.10000
$0.04750 $0.00000 $0.00000 $0.05250 $0.10000
$0.05610 $0.00000 $0.00000 $0.04390 $0.10000
View Distribution History

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