Symbols

LDDR

LifeX 2035 Income Bucket ETF·CBOE

--(--)

Key Stats

Assets Under Management

42.98MUSD

Fund Flows (1Y)

-172.73MUSD

Dividend Yield

12.11%

Discount/Premium to NAV

0.01%

Shares Outstanding

520.20K

Expense Ratio

0.25%

About LifeX 2035 Income Bucket ETF

Issuer

Stone Ridge Holdings Group LP

Brand

Stone Ridge

Home Page

https://www.lifexfunds.com/etfs/lddr

Inception Date

Jan 6, 2025

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Stone Ridge Asset Management LLC

Distributor

LDDR seeks to provide predictable monthly distributions of income and principal through December 2035, less operating fees. The fund delivers fixed monthly payments of $0.0833 per share, with an increasing portion of these distributions coming from the principal as the fund progresses toward its term. Investments concentrate on US Treasury debt securities and money market funds exclusively holding such securities or repurchase agreements backed by them. The fund focuses on bonds with maturities of 10 years or less. A portion of each monthly distribution is considered return capital, reducing the amount for investment and lowering the investor's tax basis in their shares.