DINE Simplify Tax Aware Diversified Income Strategy ETF
The Simplify Tax Aware Diversified Income Strategy ETF (DINE) seeks capital appreciation by investing in a diversified portfolio of income-based strategies.
Strategies may include – but are not limited to – enhanced core fixed income, option-based income, equity income, and foreign currency-based income strategies.
DINE will employ a variety of strategies that seek to minimize the impact of taxes, increasing its utility when held in taxable accounts and for non-U.S. investors subject to dividend withholding taxes.
Representative Allocation*
| Simplify Barrier Income ETF (SBAR) 25% | Simplify Aggregate Bond ETF (AGGH) 25% |
| Simplify Currency Strategy ETF (FOXY) 20% | Simplify Treasury Option Income ETF (BUCK) 15% |
| Simplify High Yield ETF (CDX) 15% |
*The Fund gains exposure to these underlying ETFs through swaps, not actual cash shares. The allocations may change at any time.
Documents
Fund Overview
As of 06/12/2026
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.
The Distribution Rate is the annual rate an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. The distribution may include a combination of ordinary dividends, capital gains, and return of investor capital and has the potential to change during any given tax year. Please refer to the 19a‑1 Notice, which can be found on the Fund’s website, for information regarding the composition of distributions, including return of capital. The final determination of a distribution’s tax character will be made on Form 1099‑DIV.
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 | 0.25% |
| Distribution and Service (12b-1) Fees | 0.00% |
| Other Expenses1 | 0.00% |
| Total Annual Fund Operating Expenses | 0.25% |
| Fee Waiver | (0.10)% |
| Total Annual Fund Operating Expenses After Fee Waiver2 | 0.15% |
1. Other Expenses are estimated for the Fund’s initial fiscal year.
2. The Fund’s adviser has contractually agreed, through at least April 5, 2027, to reduce its management fees to 0.15% of the Fund’s average daily net assets.
Fund Performance (Total Return)
As of 05/31/2026
| Cumulative | 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|---|---|---|---|
| NAV | — | — | — | — | — | — | — | 0.69% |
| Market Price | — | — | — | — | — | — | — | 0.80% |
| Annualized | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | — | — | — | — |
| Market Price | — | — | — | — |
| Cumulative | 1 Year | Since Inception |
|---|---|---|
| NAV | — | — |
| Market Price | — | — |
| Annualized | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | — | — | — | — |
| Market Price | — | — | — | — |
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.
Growth of $10,000
The growth of $10,000 chart reflects a hypothetical investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted. Results are not indicative of future performance.
Portfolio Holdings
| Ticker | Name | Quantity | Weight |
|---|---|---|---|
| - | TRS SBAR SOFR +99 060427 BULLET | 25,000 | 25.30% |
| - | TRS AGGH SOFR +99 060427 BULLET | 30,933 | 24.88% |
| - | TRS FOXY SOFR +99 060427 BULLET | 17,262 | 19.93% |
| - | TRS BUCK SOFR +99 060427 BULLET | 15,968 | 14.92% |
| - | TRS CDX SOFR +99 060427 BULLET | 17,651 | 14.89% |
| - | TRS BUCK SOFR +99 060427 BULLET | -375,583 | -14.93% |
| - | TRS CDX SOFR +99 060427 BULLET | -376,225 | -14.96% |
| - | TRS FOXY SOFR +99 060427 BULLET | -497,744 | -19.79% |
| - | TRS AGGH SOFR +99 060427 BULLET | -627,367 | -24.94% |
| - | TRS SBAR SOFR +99 060427 BULLET | -636,552 | -25.30% |
| T Bills | UNITED STS TREAS BILLS 0.0 30JUN26 | 1,250,000 | 49.61% |
| T Bills | UNITED STS TREAS BILLS 0.0 01SEP26 | 1,250,000 | 49.30% |
| - | Estimated Cash | 27,226 | 1.08% |
