Simplify Treasury Option Income ETF (BUCK)

Simplify Treasury Option Income ETF (BUCK) is an exchange-traded fund in the Ultrashort Bond category. It has $470.97M in assets, an expense ratio of 0.35% and a 7.32% dividend yield. The fund’s investment adviser seeks to fulfill the fund’s investment objective by using two income strategies: (1) an interest income strategy and (2) an income generating option strategy. The fund invests primarily in interest income producing U.S. Treasury securities such as bills, notes, and bonds and fixed income ETFs that invest primarily in U.S. Treasuries. To generate additional income, the fund employs an option spread writing strategy on equity ETFs and fixed income ETFs.