Skip to main content

TYA

Simplify Intermediate Term Treasury Futures Strategy ETF

as of 02/21/2024

NAV

$ 13.13

NAV Change

- $ 0.11 /0.83%

Price

$ 13.13

Price Change

- $ 0.11 /0.83%
The Simplify Intermediate Term Treasury Futures Strategy ETF (TYA) seeks to provide total return, before fees and expenses, that matches or outperforms the performance of the ICE US Treasury 20+ Year Index on a calendar quarter basis. The Fund does not seek to achieve its stated investment objective over a period of time different than a full calendar quarter. 

The fund looks to target the duration of the ICE 20+ Year US Treasury Index by investing in Treasury futures in the intermediate portion of the curve using 10-Year US Treasury futures contracts. The fund is designed to provide significant duration from only a modest capital allocation while simultaneously attempting to harvest yield curve efficiencies from the belly of the curve.

The fund can be used as a replacement for less efficient long duration holdings, as a means of increasing capital efficiency of intermediate duration portfolio allocations, or as a building block within innovative portfolio solutions such as risk parity.

Fund Overview

As of 02/21/2024

Ticker Symbol
TYA
Gross Expense Ratio
0.27%
Net Expense Ratio
0.17%
CUSIP
82889N798
Total Assets
$47,259,533.11
Shares Outstanding
3,600,001
Distribution Yield as of 01/31/2024 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.
4.27%
Distribution Frequency
Monthly
SEC 30-Day Yield as of 01/31/2024 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.
5.02%
Unsubsidized 30-Day SEC Yield as of 01/31/2024
4.92%
Portfolio Duration
16.72
Options Available
No
Inception Date
09/27/2021
Premium/Discount (%) as of 02/21/2024
0.02%
NAV Per Share as of 02/21/2024
$13.13
Market Price as of 02/21/2024
$13.13
30-Day Median Bid-Ask Spread
0.21%
Bid/Ask
$13.12/$13.14
Midpoint Price
$13.13
Volume
20,781
NAV Symbol
TYA.NV
IOPV Symbol
TYA.IV
Shares Out. Symbol
TYA.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%
Other Expenses 0.02%
Total Annual Fund Operating Expenses 0.27%
Fee Waiver1 (0.10)%
Total Annual Fund Operating Expenses After Fee Waiver 0.17%
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 01/31/2024 12/31/2023

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV -1.00% 18.72% 0.31% -1.00% -9.60% -39.84%
Market Price -0.76% 18.94% 0.15% -0.76% -10.23% -39.89%
ICE US Treasury 20+ Year Bond Index TR -2.27% 16.68% -1.57% -2.27% -6.57% -29.94%
Annualized 1 Year 3 Year Since Inception
NAV -9.60% -19.48%
Market Price -10.23% -19.53%
Cumulative 1 Year Since Inception
NAV -2.56% -39.23%
Market Price -2.23% -39.43%
ICE US Treasury 20+ Year Bond Index TR 2.15% -28.33%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV -2.56% -19.78%
Market Price -2.23% -19.91%

Historical Premium/Discount

Calendar Year 2023 4th Quarter of 2023
Days Traded at Premium
151
41
Days Traded at Discount
99
22

Portfolio Holdings

Ticker Name Quantity Weight
TYH4 COM US 10YR NOTE (CBT)MAR24 1296 300.63%
T Bills B 03/28/24 12300000 25.89%
T Bills B 04/02/24 25000000 52.59%
T Bills B 04/11/24 500000 1.05%
T Bills B 04/16/24 9000000 18.89%
- Estimated Cash 523441 1.11%

Recent Distributions

Ex-Dividend Date Record Date Payable Date Ordinary Income Short Term Capital Gains Long Term Capital Gains Return of Capital Total Distribution
$0.05000 $0.00000 $0.00000 $0.00000 $0.05000
$0.10876 $0.00000 $0.00000 $0.00000 $0.10876
$0.05000 $0.00000 $0.00000 $0.00000 $0.05000
$0.05000 $0.00000 $0.00000 $0.00000 $0.05000
$0.05000 $0.00000 $0.00000 $0.00000 $0.05000
View Distribution History

Register for Simplify's Investor Hub

  • In-depth case studies provide valuable insights into practical portfolio problems and their solutions
  • Simplify curated model portfolios that show investors how to incorporate alternatives into their portfolio
  • Stay up-to-date with our latest thoughts on markets via our weekly market commentaries
Create Your Account
Register Info
Contact Us