LITL Simplify Piper Sandler US Small-Cap PLUS Income ETF
The Simplify Piper Sandler US Small-Cap PLUS Income ETF (LITL) seeks to provide capital appreciation and income through an actively managed opportunistic strategy combined with a risk-managed income generating option strategy.
The fund’s subadvisor Piper Sandler utilizes a macro-driven model to select stocks according to style factors that have historically been favorable in the current economic environment.
A risk-managed options selling strategy is then overlayed on top to provide additional income and total return potential.
Why Invest in LITL?
LITL Spotlight
Fund Overview
As of 11/13/2026
Ticker Symbol
LITL
Expense Ratio
0.90%
CUSIP
82889N327
Total Assets
$5,871,170.09
Shares Outstanding
175,001
Distribution Rate as of 09/30/2026
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.3.64%
Distribution Frequency
Monthly
30-Day SEC Yield (Subsidized) as of 09/30/2026
0.44%
30-Day SEC Yield (Unsubsidized) as of 09/30/2026
0.44%
Options Available
No
Inception Date
04/28/2025
Premium/Discount (%) as of 11/13/2026
0.09%
NAV Per Share as of 11/13/2026
$33.55
Market Price as of 11/13/2026
$33.58
30-Day Median Bid-Ask Spread
0.41%
Bid/Ask
$33.51/$33.65
Midpoint Price
$33.58
Volume
42
NAV Symbol
LITL.NV
IOPV Symbol
LITL.IV
Shares Out. Symbol
LITL.SO
Schedule K-1
No
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 | 0.90% |
| Distribution and Service (12b-1) Fees | 0.00% |
| Other Expenses | 0.00% |
| Total Annual Fund Operating Expenses | 0.90% |
Fund Performance (Total Return)
As of 10/31/2026 09/30/2026
| Cumulative | 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|---|---|---|---|
| NAV | 3.14% | 1.67% | 9.71% | 17.07% | 23.05% | — | — | 39.60% |
| Market Price | 3.33% | 1.94% | 9.87% | 17.25% | 23.17% | — | — | 39.15% |
| Annualized | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 23.05% | — | — | 24.73% |
| Market Price | 23.17% | — | — | 24.52% |
| Cumulative | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 18.59% | — | — | 35.36% |
| Market Price | 18.48% | — | — | 34.66% |
| Annualized | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 18.59% | — | — | 23.68% |
| Market Price | 18.48% | — | — | 23.28% |
| Calendar Year | NAV | Market Price |
|---|---|---|
| 2025 | — | — |
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.
The chart above presents the Fund's daily premium or discount relative to its Net Asset Value (NAV) during the period shown. A premium occurs when the market price of the Fund's shares is greater than the Fund's NAV, while a discount occurs when the market price is less than the Fund's NAV. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time the Fund's NAV is calculated (usually 4:00 p.m. Eastern Time). The horizontal axis shows the trading dates during the period presented. The vertical axis shows the daily premium or discount expressed as a percentage of NAV. Each bar represents the Fund's premium or discount on a particular trading day. Bars above 0% indicate that the Fund traded at a premium to NAV, while bars below 0% indicate that the Fund traded at a discount to NAV. Past premiums and discounts are not indicative of future results.
Portfolio Holdings
| Ticker | Name | Quantity | Weight |
|---|---|---|---|
| - | CONTRA XOMA ROYALTY CO + NPV | 971 | 0.00% |
| ACAD | ACADIA PHARMACEUTICALS I USD 0.0001 | 1,525 | 0.49% |
| AGX | ARGAN INC USD 0.15 | 92 | 0.48% |
| AII | AMERICAN INTEGRITY INS GR USD 0.001 | 1,073 | 0.51% |
| ALH | ALLIANCE LAUNDRY HLDGS INC NPV | 1,429 | 0.58% |
| ALTO | ALTO INGREDIENTS INC USD 0.001 | 8,598 | 0.54% |
| AMEH | ASTRANA HEALTH INC USD 0.001 | 861 | 0.47% |
| AMN | AMN HEALTH COM USD0.01 | 666 | 0.43% |
| AMPH | AMPHASTAR PHARMACEUTICAL USD 0.0001 | 1,133 | 0.57% |
| ANAB | ANAPTYSBIO INC USD 0.001 | 651 | 0.51% |
| ANF | ABERCROMBIE + FITCH CO USD 0.01 | 191 | 0.48% |
| APOG | APOGEE ENTERPRISES INC USD 0.333 | 694 | 0.56% |
| ARDT | ARDENT HEALTH INC | 2,609 | 0.79% |
| ASO | ACADEMY SPORTS + OUTDOORS USD 0.01 | 531 | 0.61% |
| ATLC | ATLANTICUS HLDGS CORP NPV | 336 | 0.48% |
| AUPH | AURINIA PHARMACEUTICALS INC NPV | 1,885 | 0.51% |
| AVAH | AVEANNA HEALTHCARE HLDGS I USD 0.01 | 2,385 | 0.47% |
| AWR | AMERICAN STS WTR CO NPV | 365 | 0.55% |
| BCPC | BALCHEM CORP USD 0.0667 | 185 | 0.55% |
| BCRX | BIOCRYST PHARMACEUTICALS I USD 0.01 | 3,705 | 0.48% |
| BFH | BREAD FINL HLDGS INC USD 0.01 | 304 | 0.51% |
| BHE | BENCHMARK ELECTRS INC USD 0.1 | 460 | 0.49% |
| BLKB | BLACKBAUD INC USD 0.001 | 587 | 0.54% |
| BOW | BOWHEAD SPECIALTY HLDGS IN USD 0.01 | 982 | 0.57% |
| BTSG | BRIGHTSPRING HEALTH SVCS USD 100.0 | 470 | 0.57% |
| CAKE | CHEESECAKE FACTORY INC USD 0.01 | 280 | 0.52% |
| CARG | CARGURUS INC USD 0.001 | 976 | 0.58% |
| CARS | CARS COM INC USD 0.01 | 2,792 | 0.60% |
| CASH | PATHWARD FINL INC USD 0.01 | 418 | 0.54% |
| CBL | CBL + ASSO COM USD0.01 | 624 | 0.58% |
| CBT | CABOT CORP USD 1.0 | 421 | 0.52% |
| CDNA | CAREDX INC USD 0.001 | 359 | 0.48% |
| CDP | CORP OFFICE PROPS USD0.01 | 995 | 0.56% |
| CENT | CENTRAL GARDEN + PET CO USD 0.01 | 688 | 0.55% |
| CFFI | C + F FINL CORP USD 1.0 | 287 | 0.52% |
| CMCL | CALEDONIA MINING CORP PLC NPV | 1,550 | 0.55% |
| CMPR | CIMPRESS PLC EUR 0.01 | 551 | 0.54% |
| CNK | CINEMARK HLDGS INC USD 0.001 | 802 | 0.56% |
| CNMD | CONMED CORP USD 0.01 | 709 | 0.61% |
| CNX | CNX RES CORP USD 0.01 | 838 | 0.52% |
| CON | CONCENTRA GROUP HLDGS PARE USD 0.01 | 778 | 0.56% |
| CPF | CENTRAL PAC FINL CORP NPV | 827 | 0.55% |
| CRI | CARTERS INC USD 0.01 | 1,028 | 0.60% |
| CRVL | CORVEL CORP USD 0.0001 | 382 | 0.56% |
| CSTL | CASTLE BIOSCIENCES INC USD 0.001 | 845 | 0.49% |
| CTS | CTS CORP NPV | 512 | 0.53% |
| CVLT | COMMVAULT SYS INC USD 0.01 | 191 | 0.49% |
| DEA | EASTERLY G COM USD0.01 (REV SPT) | 1,446 | 0.54% |
| DHT | DHT HOLDINGS INC USD 0.01 | 1,255 | 0.48% |
| DK | DELEK US HLDGS INC NEW USD 0.01 | 441 | 0.51% |
| DLX | DELUXE CORP USD 1.0 | 1,390 | 0.63% |
| DSP | VIANT TECHNOLOGY INC USD 0.001 | 2,446 | 0.50% |
| EAT | BRINKER INTL INC USD 0.1 | 148 | 0.50% |
| EMBC | EMBECTA CORP USD 0.01 | 5,021 | 0.55% |
| ENS | ENERSYS USD 0.01 | 197 | 0.48% |
| ENVA | ENOVA INTL INC USD 0.00001 | 187 | 0.54% |
| ESRT | EMPIRE ST COM USD0.01 CL A | 6,315 | 0.57% |
| EVTC | EVERTEC INC USD 0.01 | 996 | 0.55% |
| EXPO | EXPONENT INC USD 0.001 | 392 | 0.58% |
| EXTR | EXTREME NETWORKS INC USD 0.001 | 1,389 | 0.63% |
| FLOC | FLOWCO HLDGS INC USD 0.0001 | 1,569 | 0.57% |
| FLXS | FLEXSTEEL INDS INC USD 1.0 | 427 | 0.54% |
| FRAF | FRANKLIN FINL SVCS CORP USD 1.0 | 442 | 0.52% |
| FRSH | FRESHWORKS INC USD 0.00001 | 2,132 | 0.46% |
| FSS | FEDERAL SIGNAL CORP USD 1.0 | 286 | 0.56% |
| FTDR | FRONTDOOR INC USD 0.01 | 358 | 0.59% |
| GCT | GIGACLOUD TECHNOLOGY INC USD 0.05 | 539 | 0.61% |
| GFF | GRIFFON CORP USD 0.25 | 311 | 0.56% |
| GIII | G-III APPAREL GROUP LTD USD 0.01 | 1,037 | 0.56% |
| GPRE | GREEN PLAINS INC USD 0.001 | 2,225 | 0.50% |
| GRC | GORMAN RUPP CO NPV | 437 | 0.52% |
| GRDN | GUARDIAN PHARMACY SVCS INC USD 0.01 | 772 | 0.65% |
| GRND | GRINDR INC USD 0.0001 | 2,480 | 0.63% |
| GTN | GRAY MEDIA INC NPV | 7,167 | 0.73% |
| HAE | HAEMONETICS CORP MASS USD 0.01 | 262 | 0.55% |
| HAFC | HANMI FINL CORP USD 0.001 | 965 | 0.54% |
| HCI | HCI GROUP INC NPV | 159 | 0.52% |
| HCSG | HEALTHCARE SVCS GROUP INC USD 0.01 | 1,280 | 0.54% |
| HG | HAMILTON INSURANCE GROUP L USD 0.01 | 896 | 0.59% |
| HMN | HORACE MANN EDUCATORS COR USD 0.001 | 673 | 0.61% |
| HOV | HOVNANIAN ENTERPRISES INC USD 0.01 | 316 | 0.51% |
| HRTG | HERITAGE INS HLDGS INC USD 0.0001 | 881 | 0.51% |
| HURN | HURON CONSULTING GROUP INC USD 0.01 | 162 | 0.47% |
| HWKN | HAWKINS INC USD 0.01 | 206 | 0.52% |
| IBEX | IBEX HOLDINGS LTD USD 0.0001 | 701 | 0.68% |
| ICFI | ICF INTERN COM STK USD0.001 | 329 | 0.46% |
| INN | SUMMIT HOT COM USD0.01 | 4,408 | 0.54% |
| INSP | INSPIRE MED SYS INC USD 0.001 | 461 | 0.48% |
| JBI | JANUS INTL GROUP INC USD 0.0001 | 6,763 | 0.41% |
| JCAP | JEFFERSON CAP INC DEL USD 0.0001 | 1,688 | 0.60% |
| JOE | ST JOE CO NPV | 449 | 0.54% |
| KFRC | KFORCE INC USD 0.01 | 547 | 0.52% |
| KSS | KOHLS CORP USD 0.01 | 1,291 | 0.53% |
| KTB | KONTOOR BRANDS INC NPV | 424 | 0.59% |
| LMB | LIMBACH HLDGS INC USD 0.0001 | 650 | 0.62% |
| LNTH | LANTHEUS HLDGS INC USD 0.01 | 332 | 0.57% |
| LQDT | LIQUIDITY SVCS INC USD 0.001 | 704 | 0.54% |
| LRN | STRIDE INC USD 0.0001 | 421 | 0.54% |
| LXU | LSB INDS INC USD 0.1 | 2,724 | 0.53% |
| LZ | LEGALZOOM COM INC USD 0.001 | 4,670 | 0.40% |
| MATV | MATIV HOLDINGS INC USD 0.1 | 2,768 | 0.56% |
| MCS | MARCUS CORP DEL USD 1.0 | 1,183 | 0.54% |
| MCY | MERCURY GEN CORP NEW NPV | 307 | 0.45% |
| MD | PEDIATRIX MEDICAL GROUP IN USD 0.01 | 1,053 | 0.56% |
| MGY | MAGNOLIA OIL + GAS CORP USD 0.0001 | 1,184 | 0.49% |
| MMS | MAXIMUS INC NPV | 493 | 0.54% |
| MMSI | MERIT MEDI COM NPV | 381 | 0.56% |
| MOG/A | MOOG INC USD 1.0 | 90 | 0.52% |
| MRX | MAREX GROUP LTD NPV | 489 | 0.59% |
| MSGE | MADISON SQUARE GARDEN ENTM USD 0.01 | 392 | 0.53% |
| MYE | MYERS INDS INC NPV | 1,062 | 0.51% |
| NEOG | NEOGEN CORP USD 0.16 | 2,655 | 0.51% |
| NEXN | NEXXEN INTERNATIONAL LTD NPV | 3,571 | 0.63% |
| NHC | NATIONAL HEALTHCARE CORP USD 0.01 | 153 | 0.54% |
| NRDS | NERDWALLET INC USD 0.0001 | 2,808 | 0.36% |
| NWPX | NWPX INFRASTRUCTURE INC USD 0.01 | 321 | 0.49% |
| OBT | ORANGE CNTY BANCORP INC USD 0.25 | 812 | 0.55% |
| OFG | OFG BANCORP USD 1.0 | 628 | 0.55% |
| OMCL | OMNICELL INC USD 0.001 | 857 | 0.51% |
| OOMA | OOMA INC USD 0.0001 | 1,580 | 0.49% |
| OPCH | OPTION CARE HEALTH INC USD 0.0001 | 987 | 0.53% |
| OPLN | OPENLANE INC USD 0.01 | 805 | 0.48% |
| OSCR | OSCAR HEALTH INC USD 0.00001 | 1,035 | 0.55% |
| OSPN | ONESPAN INC USD 0.001 | 1,224 | 0.47% |
| OTTR | OTTER TAIL COM USD5 | 375 | 0.49% |
| PACS | PACS GROUP INC USD 0.001 | 658 | 0.54% |
| PAGS | PAGSEGURO DIGITAL LTD USD 0.000025 | 3,953 | 0.54% |
| PAHC | PHIBRO ANIMAL HEALTH CORP USD 0.001 | 807 | 0.49% |
| PARR | PAR PACIFIC HOLDINGS INC 0.01 | 413 | 0.51% |
| PAYS | PAYSIGN INC NPV | 2,254 | 0.37% |
| PBH | PRESTIGE CONSUMER HEALTHCARE INC. | 640 | 0.50% |
| PBYI | PUMA BIOTECHNOLOGY INC USD 0.0001 | 3,006 | 0.40% |
| PD | PAGERDUTY INC USD 0.000005 | 1,854 | 0.50% |
| PFBC | PREFERRED BK LOS ANGELES CALIF NPV | 298 | 0.53% |
| PGNY | PROGYNY INC USD 0.0001 | 1,076 | 0.66% |
| PLAB | PHOTRONICS INC USD 0.01 | 1,138 | 0.53% |
| PLGO | PELAGOS INSURANCE CAPITAL LIMITED | 1,192 | 0.58% |
| PLMR | PALOMAR HLDGS INC USD 0.0001 | 225 | 0.61% |
| PRDO | PERDOCEO ED CORP USD 0.01 | 1,053 | 0.52% |
| PRGS | PROGRESS S COM USD0.01 | 696 | 0.52% |
| QCRH | QCR HLDGS INC USD 1.0 | 310 | 0.55% |
| QLYS | QUALYS INC USD 0.001 | 141 | 0.42% |
| QTWO | Q2 HLDGS INC USD 0.0001 | 468 | 0.59% |
| RDNT | RADNET INC USD 0.0001 | 428 | 0.56% |
| REPX | RILEY EXPL PERMIAN INC USD 0.001 | 590 | 0.45% |
| RHP | RYMAN HOSP COM USD0.01 | 236 | 0.54% |
| ROOT | ROOT INC USD 0.0001 | 607 | 0.45% |
| RPD | RAPID7 INC USD 0.01 | 1,895 | 0.47% |
| SBH | SALLY BEAUTY HLDGS INC USD 0.01 | 1,730 | 0.56% |
| SCSC | SCANSOURCE COM NPV | 545 | 0.42% |
| SENEA | SENECA FOODS CORP NEW USD 0.25 | 197 | 0.59% |
| SIG | SIGNET JEWELERS LIMITED USD0.18 | 267 | 0.52% |
| SIGI | SELECTIVE INS GROUP INC USD 2.0 | 318 | 0.55% |
| SKWD | SKYWARD SPECIALTY INS GROU USD 0.01 | 602 | 0.65% |
| SLDE | SLIDE INS HLDGS INC USD 0.01 | 1,132 | 0.50% |
| SM | SM ENERGY CO USD 0.01 | 778 | 0.43% |
| SPNT | SIRIUSPOINT LTD USD 0.1 | 1,213 | 0.55% |
| SPSC | SPS COMM INC USD 0.001 | 379 | 0.52% |
| SRCE | 1ST SOURCE CORP NPV | 359 | 0.54% |
| STNG | SCORPIO TANKERS INC USD 0.01 | 339 | 0.48% |
| TCMD | TACTILE SYS TECHNOLOGY IN USD 0.001 | 1,362 | 0.62% |
| TDC | TERADATA CORP DEL USD 0.01 | 917 | 0.54% |
| TDOC | TELADOC HEALTH INC | 3,688 | 0.55% |
| TENB | TENABLE HLDGS INC USD 0.01 | 619 | 0.43% |
| TK | TEEKAY CORP LTD USD 0.001 | 2,112 | 0.49% |
| TNET | TRINET GROUP INC USD 0.000025 | 519 | 0.58% |
| TNK | TEEKAY TANKERS LTD USD 0.01 | 312 | 0.48% |
| UFCS | UNITED FIRE GROUP INC USD 0.001 | 553 | 0.48% |
| UNFI | UNITED NAT FOODS INC USD 0.01 | 685 | 0.57% |
| UPWK | UPWORK INC USD 0.0001 | 3,431 | 0.58% |
| URBN | URBAN OUTFITTERS INC USD 0.0001 | 346 | 0.51% |
| UVE | UNIVERSAL INS HLDGS INC USD 0.01 | 647 | 0.54% |
| VCEL | VERICEL CORP NPV | 780 | 0.76% |
| VRRM | VERRA MOBILITY CORP USD 0.0001 | 11,208 | 0.35% |
| VSCO | VICTORIAS SECRET + CO USD 0.01 | 325 | 0.59% |
| WK | WORKIVA INC USD 0.001 | 377 | 0.44% |
| WOR | WORTHINGTON ENTERPRISES INC NPV | 500 | 0.51% |
| WRLD | WORLD ACCEP CORP S C NEW NPV | 191 | 0.45% |
| WWW | WOLVERINE WORLD WIDE INC USD 1.0 | 1,510 | 0.64% |
| YEXT | YEXT INC USD 0.001 | 4,365 | 0.57% |
| YOU | CLEAR SECURE INC USD 0.00001 | 683 | 0.67% |
| SPXW | NOVEMBER 26 CALLS ON SPX 8100.00000 | — | — |
| SPXW | NOVEMBER 26 CALLS ON SPX 8000.00000 | 1 | 0.00% |
| SPXW | NOVEMBER 26 CALLS ON SPX 8250.00000 | 1 | 0.00% |
| SPXW | NOVEMBER 26 CALLS ON SPX 8150.00000 | 1 | 0.00% |
| SPXW | NOVEMBER 26 CALLS ON SPX 8350.00000 | 1 | 0.00% |
| SPXW | NOVEMBER 26 CALLS ON SPX 8150.00000 | 2 | 0.00% |
| SPXW | NOVEMBER 26 CALLS ON SPX 8250.00000 | 2 | 0.00% |
| SPXW | DECEMBER 26 CALLS ON SPX 7800.00000 | 2 | 0.14% |
| SPXW | DECEMBER 26 CALLS ON SPX 8075.00000 | 2 | 0.01% |
| SPXW | DECEMBER 26 CALLS ON SPX 8100.00000 | 1 | 0.01% |
| SPXW | DECEMBER 26 CALLS ON SPX 8250.00000 | 1 | 0.00% |
| SPXW | DECEMBER 26 CALLS ON SPX 8275.00000 | 1 | 0.00% |
| SPXW | JANUARY 27 CALLS ON SPX 8150.000000 | 2 | 0.04% |
| SPXW | FEBRUARY 27 CALLS ON SPX 8000.00000 | 1 | 0.11% |
| SPXW | FEBRUARY 27 CALLS ON SPX 8300.00000 | -1 | -0.03% |
| - | TRS SBAR SOFR +95 061527 | 133,460 | 56.37% |
| - | TRS SBAR SOFR +93 051427 | 31,757 | 13.41% |
| - | TRS SBAR SOFR +93 051427 | -800,276 | -13.63% |
| - | TRS SBAR SOFR +95 061527 | -3,363,192 | -57.28% |
| T Bills | UNITED STS TREAS BILLS 0.0 03DEC26 | 20,000 | 0.34% |
| T Bills | UNITED STS TREAS BILLS 0.0 31DEC26 | 80,000 | 1.36% |
| T Bills | UNITED STS TREAS BILLS 0.0 28JAN27 | 50,000 | 0.84% |
| T Bills | UNITED STS TREAS BILLS 0.0 11MAR27 | 100,000 | 1.68% |
| - | Estimated Cash | 26,185 | 0.45% |
Holdings are subject to change without notice.
Recent Distributions
| Ex-Dividend Date | Record Date | Payable Date | Total Distribution |
|---|---|---|---|
| N/A | |||
| $0.15000 | |||
| $0.10000 | |||
| $0.08000 | |||
| $0.05000 |
Data in the s19 reports should not be relied upon to estimate the tax classification of distributions.
They are rough point-in-time estimates that do not line up with the fund's fiscal year end and are thus
not reflective of the tax information investors should expect. S19 reports are posted for regulatory
requirements only.
