Simplify Exchange Traded Funds Simplify Stable Income ETFSimplify Exchange Traded Funds Simplify Stable Income ETFSimplify Exchange Traded Funds Simplify Stable Income ETF

Simplify Exchange Traded Funds Simplify Stable Income ETF

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Key stats

Assets under management (AUM)
‪139.96 M‬USD
Fund flows (1Y)
‪126.60 M‬USD
Dividend yield (indicated)
7.14%
Discount/Premium to NAV
−0.08%

About Simplify Exchange Traded Funds Simplify Stable Income ETF

Issuer
Simplify Asset Management, Inc.
Brand
Simplify
Expense ratio
0.35%
Home page
Inception date
Oct 27, 2022
Index tracked
No Underlying Index
Management style
Active
BUCK is actively managed to provide stable income. It is not a money market fund and does not seek to maintain an unchanging NAV. The fund primarily invests in income-producing US Treasury securities, including related ETFs. The portfolio of US Treasurys is maintained to have an average weighted maturity of just over a year. Securities are selected to maximize portfolio yield and shorten duration. To generate additional income, BUCK employs an option spread writing strategy on index-based domestic equity and fixed income ETFs. A call or a put spread is utilized, depending on the outlook on a reference ETFs price. The adviser writes short-dated, out-of-the-money calls (or puts) with less than a month to maturity while also purchasing further out-of-the-money calls (or puts). The fund expects options to be held to expiration but may adjust positions following a big price swing in the reference ETF. The option writing strategy pursued is a form of leveraged investing that attempts to collect income based on the value of time erosion.

Classification

Asset Class
Fixed income
Category
Government, treasury
Focus
Investment grade
Niche
Short-term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Bonds, Cash & Other100.00%
Government98.50%
Cash1.51%
Miscellaneous−0.01%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy