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BUCK

Simplify Stable Income ETF

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as of 09/27/2023

NAV

$ 25.08

NAV Change

- $ 0.10 /0.40%

Price

$ 25.05

Price Change

- $ 0.13 /0.52%
The Simplify Stable Income ETF (BUCK) seeks to provide monthly income by selling short-dated put or call spreads on the most liquid global equity and fixed income indices.

The fund is intended to be a cash alternative, as it seeks to enhance typical cash yields from T-bills via an option writing strategy with low correlation to traditional credit and duration exposures.

A sophisticated option-writing algorithm seeks to sell spreads that generate attractive risk-adjusted returns, while an additional layer of risk management helps manage tail risk associated with selling options.

Fund Overview

As of 09/27/2023

Ticker Symbol
BUCK
Gross Expense Ratio
0.36%
CUSIP
82889N640
Total Assets
$12,541,009.51
Shares Outstanding
500,001
Distribution Yield as of 08/31/2023 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.
4.78%
Distribution Frequency
Monthly
SEC 30-Day Yield as of 08/31/2023 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.
4.88%
Unsubsidized 30-Day SEC Yield as of 08/31/2023
4.88%
Portfolio Duration
0.03
Options Available
No
Inception Date
10/27/2022
Premium/Discount (%) as of 09/27/2023
-0.13%
NAV Per Share as of 09/27/2023
$25.08
Market Price as of 09/27/2023
$25.05
30-Day Median Bid-Ask Spread
0.20%
Bid/Ask
$25.05/$25.12
Midpoint Price
$25.09
Volume
7,242
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%
Acquired Fund Fees and Expenses2 0.01%
Total Annual Fund Operating Expenses 0.36%
1. Other Expenses are estimated for the Fund’s initial fiscal year.

2. Acquired Fund Fees and Expenses, are estimated for the Fund’s initial fiscal year, are the indirect costs of investing in other investment companies. The operating expenses in this fee table will not correlate to the expense ratio in the Fund’s financial highlights located in the prospectus because the financial statements include only the direct operating expenses incurred by the Fund.

Fund Performance

As of 08/31/2023 06/30/2023

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 0.47% 1.37% 2.58% 3.39% 4.18%
Market Price 0.20% 1.04% 2.30% 3.12% 3.52%
Annualized 1 Year 3 Year Since Inception
NAV
Market Price
Cumulative 1 Year Since Inception
NAV 3.27%
Market Price 2.86%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV
Market Price

Historical Premium/Discount

Calendar Year 2022 2nd Quarter of 2023
Days Traded at Premium
17
44
Days Traded at Discount
27
18
Ticker Name Quantity Weight
T Bills B 10/03/23 11780000 93.86%
T Bills B 12/19/23 700000 5.51%
- Estimated Cash 78078 0.62%

Recent Distributions

Ex-Dividend Date Record Date Payable Date Ordinary Income Short Term Capital Gains Long Term Capital Gains Return of Capital Total Distribution
$0.10000 $0.00000 $0.00000 $0.00000 $0.10000
$0.10000 $0.00000 $0.00000 $0.00000 $0.10000
$0.10000 $0.00000 $0.00000 $0.00000 $0.10000
$0.10000 $0.00000 $0.00000 $0.00000 $0.10000
$0.10000 $0.00000 $0.00000 $0.00000 $0.10000
View Distribution History

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