Derivative Income · Simplify Asset Management · NYSE
Derivative IncomeETF
Simplify Target 15 Distribution ETF (XV) is an exchange-traded fund in the Derivative Income category. It has $65.25M in assets, an expense ratio of 0.75% and a 3.31% 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 spread strategy. Target 15 in the fund’s name refers to the goal of making monthly distributions at an annualized rate (after fees and expenses) of 15%. The fund is non-diversified.
Assets under management
$65.25M
Expense ratio
0.75%
Category
Derivative Income
Dividend yield
3.31%
NAV
$24.26
Fund family
Simplify Asset Management
Exchange
NYSE
Top holdings
The largest positions Simplify Target 15 Distribution ETF reports, by weight.