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MTBA

Simplify MBS ETF

as of 05/24/2024

NAV

$ 50.21

NAV Change

- $ 0.22 /0.44%

Price

$ 50.27

Price Change

- $ 0.23 /0.46%
The Simplify MBS ETF (MTBA) seeks to provide total return, consistent with the preservation of capital and prudent investment management.

The fund will invest in mortgage-backed securities (MBS), which provide attractive yields versus comparable US Treasuries while carrying little to no credit risk.

MTBA will focus on buying newer MBS, which have provided higher coupons as well as higher yield to maturity compared to the MBS which comprise the Bloomberg U.S. MBS Index.

MTBA Fund Deep Dive

MTBA Fund Deep Dive Live

Fund Overview

As of 05/24/2024

Ticker Symbol
MTBA
Gross Expense Ratio
0.25%
Net Expense Ratio
0.15%
CUSIP
82889N525
Total Assets
$694,206,930.71
Shares Outstanding
13,825,001
Distribution Yield as of 04/30/2024 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.
6.05%
Distribution Frequency
Monthly
SEC 30-Day Yield as of 04/30/2024 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.
5.27%
Unsubsidized 30-Day SEC Yield as of 04/30/2024
5.17%
Portfolio Duration
3.85
Options Available
No
Inception Date
11/06/2023
Premium/Discount (%) as of 05/24/2024
0.11%
NAV Per Share as of 05/24/2024
$50.21
Market Price as of 05/24/2024
$50.27
30-Day Median Bid-Ask Spread
0.02%
Bid/Ask
$50.27/$50.29
Midpoint Price
$50.28
Volume
48,008
NAV Symbol
MTBA.NV
IOPV Symbol
MTBA.IV
Shares Out. Symbol
MTBA.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 0.25%
Distribution and Service (12b-1) Fees 0.00%
Total Annual Fund Operating Expenses 0.25%
Fee Waiver2 0.10%
Total Annual Fund Operating Expenses After Fee Waiver 0.15%
1. The Fund’s adviser has contractually agreed, through at least October 31, 2024, to waive its management fees to 0.15% of the Fund’s average daily net assets. This agreement may be terminated only by the Trust’s Board of Trustees on 60 days’ written notice to the Fund’s adviser.

Fund Performance

As of 04/30/2024 12/31/2023

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV -2.02% -2.08% -1.92% 1.68%
Market Price -2.04% -2.11% -2.09% 1.47%
Annualized 1 Year 3 Year Since Inception
NAV
Market Price
Cumulative 1 Year Since Inception
NAV 3.77%
Market Price 3.59%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV
Market Price

Historical Premium/Discount

Calendar Year 2023 1st Quarter of 2024
Days Traded at Premium
34
57
Days Traded at Discount
3
4

Portfolio Holdings

Ticker Name Quantity Weight
FNCL FANNIE MAE POOL 6.0 25JUN41 TBA 301249984 43.47%
FNCL FNCL 5.5 6/21 236250000 33.51%
FNCL FNCL 5.0 TBA 06/01/41 153750000 21.35%
T Bills B 06/04/24 269700000 38.81%
T Bills B 07/05/24 423500000 60.67%
- Estimated Cash 3631237 0.52%

Recent Distributions

Ex-Dividend Date Record Date Payable Date Ordinary Income Short Term Capital Gains Long Term Capital Gains Return of Capital Total Distribution
$0.25000 $0.00000 $0.00000 $0.00000 $0.25000
$0.25000 $0.00000 $0.00000 $0.00000 $0.25000
$0.25000 $0.00000 $0.00000 $0.00000 $0.25000
$0.25000 $0.00000 $0.00000 $0.00000 $0.25000
$0.25000 $0.00000 $0.00000 $0.00000 $0.25000
View Distribution History

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