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CTA

Simplify Managed Futures Strategy ETF

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as of 09/27/2023

NAV

$ 27.52

NAV Change

+ $ 0.19 /0.70%

Price

$ 27.64

Price Change

+ $ 0.22 /0.80%
With interest rates near all-time lows, and equity valuations stretched, investors are searching for sources of absolute returns that can simultaneously serve as a portfolio diversifier.

The Simplify Managed Futures Strategy ETF (CTA) seeks long term capital appreciation by systematically investing in futures in an attempt to create an absolute return profile, that also has a low correlation to equities, and can provide support in risk-off events.

To this end, CTA deploys a suite of systematic models that have been designed by Altis Partners, a commodity trading advisor with over 20 years of experience.
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Documents

CTA Fund Deep Dive

Fund Overview

As of 09/27/2023

Ticker Symbol
CTA
Gross Expense Ratio
0.75%
CUSIP
82889N699
Total Assets
$127,270,955.49
Shares Outstanding
4,625,001
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.
4.72%
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.
2.61%
Unsubsidized 30-Day SEC Yield as of 08/31/2023
2.61%
Options Available
No
Inception Date
03/07/2022
Premium/Discount (%) as of 09/27/2023
0.44%
NAV Per Share as of 09/27/2023
$27.52
Market Price as of 09/27/2023
$27.64
30-Day Median Bid-Ask Spread
0.27%
Bid/Ask
$27.57/$27.58
Midpoint Price
$27.58
Volume
62,951
NAV Symbol
CTA.NV
IOPV Symbol
CTA.IV
Shares Out. Symbol
CTA.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 0.75%
Distribution and Service (12b-1) Fees 0.00%
Total Annual Fund Operating Expenses 0.75%

Fund Performance

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

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV -1.09% 0.24% -6.62% -2.84% -7.75% 8.65%
Market Price -1.13% -0.08% -6.56% -2.07% -8.57% 7.27%
Annualized 1 Year 3 Year Since Inception
NAV -7.75% — 5.74%
Market Price -8.57% — 4.85%
Cumulative 1 Year Since Inception
NAV 0.13% 9.22%
Market Price -0.69% 7.82%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 0.13% — — 6.93%
Market Price -0.69% — — 5.90%
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.

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 2022 2nd Quarter of 2023
Days Traded at Premium
172
31
Days Traded at Discount
35
31
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.
Ticker Name Quantity Weight
BAH4 COM BANK ACCEPT FUTR Mar24 -601 -82.35%
BAM4 COM BANK ACCEPT FUTR Jun24 -515 -70.61%
BAU4 COM BANK ACCEPT FUTR Sep24 -240 -32.99%
BAZ3 COM BANK ACCEPT FUTR Dec23 -657 -90.06%
BOF4 COM SOYBEAN OIL FUTR Jan24 -110 -2.99%
BOH4 COM SOYBEAN OIL FUTR Mar24 -51 -1.37%
BOZ3 COM SOYBEAN OIL FUTR Dec23 -330 -9.06%
C H4 COM CORN FUTURE Mar24 -142 -2.78%
C K4 COM CORN FUTURE May24 -94 -1.87%
C N4 COM CORN FUTURE Jul24 -85 -1.71%
C Z3 COM CORN FUTURE DEC23 -83 -1.58%
CLF4 COM WTI CRUDE FUTURE Jan24 15 1.05%
CLG4 COM WTI CRUDE FUTURE Feb24 33 2.27%
CLH4 COM WTI CRUDE FUTURE Mar24 70 4.72%
CLJ4 COM WTI CRUDE FUTURE Apr24 40 2.66%
CLK4 COM WTI CRUDE FUTURE May24 22 1.44%
CLM4 COM WTI CRUDE FUTURE Jun24 42 2.73%
CLX3 COM WTI CRUDE FUTURE Nov23 196 14.43%
CLZ3 COM WTI CRUDE FUTURE Dec23 31 2.22%
CNZ3 COM CAN 10YR BOND FUT Dec23 27 1.80%
CTZ3 COM COTTON NO.2 FUTR Dec23 11 0.38%
GCZ3 COM GOLD 100 OZ FUTR Dec23 -150 -22.29%
HGH4 COM COPPER FUTURE Mar24 -15 -1.08%
HGK4 COM COPPER FUTURE May24 -5 -0.36%
HGZ3 COM COPPER FUTURE Dec23 -191 -13.64%
LCG4 COM LIVE CATTLE FUTR Feb24 164 9.92%
LCV3 COM LIVE CATTLE FUTR Oct23 29 1.69%
LCZ3 COM LIVE CATTLE FUTR Dec23 502 29.69%
NGF24 COM NATURAL GAS FUTR Jan24 -52 -1.45%
NGG24 COM NATURAL GAS FUTR Feb24 -76 -2.08%
NGH24 COM NATURAL GAS FUTR Mar24 -135 -3.40%
NGJ24 COM NATURAL GAS FUTR Apr24 -154 -3.59%
NGK24 COM NATURAL GAS FUTR May24 -70 -1.64%
NGM24 COM NATURAL GAS FUTR Jun24 -31 -0.76%
NGN24 COM NATURAL GAS FUTR Jul24 -14 -0.36%
NGX23 COM NATURAL GAS FUTR Nov23 -66 -1.50%
NGZ23 COM NATURAL GAS FUTR Dec23 -55 -1.42%
SBH4 COM SUGAR #11 (WORLD) Mar24 493 11.44%
SBK4 COM SUGAR #11 (WORLD) May24 183 4.05%
SFRH4 COM 3 MONTH SOFR FUT Mar24 -1335 -247.99%
SFRM4 COM 3 MONTH SOFR FUT Jun24 -324 -60.30%
SFRU4 COM 3 MONTH SOFR FUT Sep24 -286 -53.37%
SIH4 COM SILVER FUTURE Mar24 -6 -0.54%
SIK4 COM SILVER FUTURE May24 -1 -0.09%
SIZ3 COM SILVER FUTURE Dec23 -74 -6.61%
W H4 COM WHEAT FUTURE(CBT) Mar24 -164 -3.91%
W K4 COM WHEAT FUTURE(CBT) May24 -66 -1.62%
W Z3 COM WHEAT FUTURE(CBT) Dec23 -193 -4.39%
- TREASURY BILL DN 10/23 25500000 20.02%
- TREASURY BILL DN 12/23 8004000 6.21%
- TREASURY BILL DN 12/23 2000000 1.55%
- TREASURY BILL DN 1/24 55500000 42.94%
- TREASURY BILL DN 1/24 22500000 17.41%
- CANADIAN DOLLAR 597860 0.35%
- Estimated Cash 7354802 5.20%

Holdings are subject to change without notice.

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
$0.43565 $0.00000 $0.67531 $0.00000 $1.11096
$0.15000 $0.00000 $0.00000 $0.00000 $0.15000
$0.15000 $0.00000 $0.00000 $0.00000 $0.15000
View Distribution History

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