Key stats
About Northern Lights Fund Trust IV Main BuyWrite ETF
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Inception date
Sep 12, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Main Management Fund Advisors LLC
Distributor
Northern Lights Distributors LLC
BUYW is intended to be a small portion of an equity allocation in a portfolio. Using a fund-of-funds approach, BUYW actively selects ETFs based on fundamental reversion to mean analysis. The funds adviser considers macroeconomic factors, like interest and currency rates, inflation trends, economic growth forecasts, and other global and capital market fundamentals over a 12-18 month time horizon. Based on this analysis, ETFs are selected that appropriately represent these strategic targets. Put options may be written in order to acquire positions or generate income. The fund will also write one-month covered call or index-based options of up to 100% of the ETFs value in the fund portfolio in order to generate additional income.
Related funds
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Top 10 holdings
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
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BUYW trades at 14.10 USD today, its price has fallen −0.07% in the past 24 hours. Track more dynamics on BUYW price chart.
BUYW net asset value is 14.10 today — it's risen 1.58% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BUYW assets under management is 756.49 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BUYW price has risen by 0.82% over the last month, and its yearly performance shows a 1.73% increase. See more dynamics on BUYW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.58% over the last month, showed a 8.34% increase in three-month performance and has increased by 8.34% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.58% over the last month, showed a 8.34% increase in three-month performance and has increased by 8.34% in a year.
BUYW fund flows account for 262.33 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BUYW invests in funds. See more details in our Analysis section.
BUYW expense ratio is 1.13%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BUYW isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BUYW technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BUYW shows the buy signal. See more of BUYW technicals for a more comprehensive analysis.
Today, BUYW technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BUYW shows the buy signal. See more of BUYW technicals for a more comprehensive analysis.
Yes, BUYW pays dividends to its holders with the dividend yield of 5.91%.
BUYW shares are issued by Main Management LLC
BUYW follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 12, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.