Symbols

STXT

Strive Total Return Bond ETF·NYSE

--(--)

Key Stats

Assets Under Management

121.75MUSD

Fund Flows (1Y)

-2.34MUSD

Dividend Yield

4.86%

Discount/Premium to NAV

0.13%

Shares Outstanding

6.02M

Expense Ratio

0.49%

About Strive Total Return Bond ETF

Issuer

Empowered Funds, LLC

Brand

Strive

Home Page

https://www.strivefunds.com/stxt

Inception Date

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

Empowered Funds LLC

Distributor

Quasar Distributors LLC

STXT aims for maximum returns by investing in a diverse portfolio of debt securities, with a focus on residential and commercial mortgage-related securities, and mortgage loans. The fund has the flexibility to invest in bonds of any quality, maturity or origin, though foreign investments will typically be denominated in US dollars. The fund allocates up to 30% of its assets to high-yield securities and up to 15% to less liquid investments. On average, the portfolio duration aims to vary between two and nine years. Advisers for the fund utilize fundamental research and individual security analysis. Investment decisions are based on factors such as fiscal conditions, market liquidity, geopolitical risks, and collateral quality. The strategy aims to minimize the risk to the investor principal by focusing on underpriced assets.