Symbols

PAYM

TrueShares S&P Hedged Structured Income Moderate ETF·CBOE

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Key Stats

Assets Under Management

1.01MUSD

Fund Flows (1Y)

Dividend Yield

Discount/Premium to NAV

-0.34%

Shares Outstanding

40.00K

Expense Ratio

0.74%

About TrueShares S&P Hedged Structured Income Moderate ETF

Issuer

TrueMark Investments, LLC

Brand

TrueShares

Home Page

https://www.true-shares.com/etf/paym

Inception Date

Dec 29, 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

Truemark Investments LLC

Distributor

Paralel Distributors LLC

PAYM brings one of the most popular structured product income strategies—the autocallable note—into the ETF wrapper. Designed for investors seeking moderate, stable monthly income, PAYM links its distributions to the performance of the S&P 500 Futures 20% Intraday VT 2% Decrement Index while embedding contingent downside protection and perpetual hedging. The result: a model-ready, single-ticker solution that seeks to provide consistent income, manage risk, and reduce mark-to-market volatility compared to traditional structured products or peers in the ETF space.