SoFi Enhanced Yield ETF (THTA)

SoFi Enhanced Yield ETF (THTA) is an exchange-traded fund in the Short Government category. It has $58.79M in assets, an expense ratio of 0.65% and a 10.77% dividend yield. The fund seeks to achieve its objective by combining a strategy of holding U.S. Treasury Bills and/or U.S. Treasury Bonds, with a “credit spread” option strategy to seek to generate enhanced yield. Its net asset holdings will generally be invested as 2-5% Cash and cash equivalents; 95-100% Treasury securities; Up to 90% Credit Spreads. The fund will invest in a portfolio of U.S. Treasury Bills and/or U.S. Treasury Bonds with a targeted portfolio duration of approximately one year and that the a…