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MTBA

Simplify MBS ETF

as of 10/14/2024

NAV

$ 50.83

NAV Change

- $ 0.12 /0.24%

Price

$ 50.88

Price Change

- $ 0.08 /0.16%
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 10/14/2024

Ticker Symbol
MTBA
Gross Expense Ratio
0.25%
Net Expense Ratio
0.15%
CUSIP
82889N525
Total Assets
$1,411,854,662.92
Shares Outstanding
27,775,001
Distribution Rate as of 09/30/2024 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.
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.
5.83%
Distribution Frequency
Monthly
30-Day SEC Yield (Subsidized) as of 09/30/2024 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.
5.08%
30-Day SEC Yield (Unsubsidized) as of 09/30/2024
4.98%
Portfolio Duration
4.43
Options Available
No
Inception Date
11/06/2023
Premium/Discount (%) as of 10/14/2024
0.09%
NAV Per Share as of 10/14/2024
$50.83
Market Price as of 10/14/2024
$50.88
30-Day Median Bid-Ask Spread
0.02%
Bid/Ask
$50.89/$50.90
Midpoint Price
$50.90
Volume
431,889
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.

Fund Performance

As of 09/30/2024 09/30/2024

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 0.82% 3.64% 4.11% 4.21% 8.03%
Market Price 0.84% 3.73% 4.15% 4.10% 7.89%
Annualized 1 Year 3 Year Since Inception
NAV
Market Price
Cumulative 1 Year Since Inception
NAV 8.03%
Market Price 7.89%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV
Market Price

Historical Premium/Discount

Calendar Year 2023 3rd Quarter of 2024
Days Traded at Premium
34
57
Days Traded at Discount
3
7

Portfolio Holdings

Ticker Name Quantity Weight
FNCL FANNIE MAE POOL 5.0 25NOV41 TBA 620,000,000 43.28%
FNCL FANNIE MAE POOL 5.5 25NOV41 TBA 446,249,984 31.66%
FNCL FANNIE MAE POOL 4.5 25NOV41 TBA 322,500,000 22.04%
T Bills UNITED STS TREAS BILLS 0.0 29OCT24 560,000,000 39.59%
T Bills UNITED STS TREAS BILLS 0.0 19NOV24 872,000,000 61.48%
- Estimated Cash -15,123,192 -1.07%

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.25000
$0.25000
$0.25000
$0.25000
Recent Distribution Disclosure
View Distribution History Supplemental Tax Information: S19(a) Notices

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