Key stats
About LHA Market State Tactical Beta ETF
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Inception date
Sep 30, 2020
Structure
Open-Ended Fund
Replication method
Physical
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
Little Harbor Advisors LLC
Distributor
Quasar Distributors LLC
ISIN
US26922B1052
MSTB constructs the portfolio using quantitative models and analyses regarding US equity market volatility. Based on the advisors estimates for direction and magnitude of S&P 500 Index volatility, the fund holds long exposure to the S&P 500 typically weighted in a range between 80%-120%. When estimates indicate a calm or rising equity market, the fund seeks to provide index-plus returns by holding a higher equity weighting. As estimates for volatility increase, the fund aims to provide uncorrelated returns using a number of possibilities, such as: reducing equity exposure, selling covered call options, establishing short equity positions, long or short exposure to the VIX Index, long or short exposure to US Treasury securities, or cash. The net portfolio exposure is based on a proprietary process to quantify market risk compared to volatility expectations. The expectations are based on 30-day and 90-day implied volatility indexes, evaluated daily.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Mutual fund
Bonds, Cash & Other100.00%
ETF81.57%
Mutual fund11.61%
Government5.85%
Cash0.97%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MSTB invests in funds. The fund's major sectors are ETF, with 81.57% stocks, and Mutual fund, with 11.61% of the basket. The assets are mostly located in the North America region.
MSTB top holdings are SPDR S&P 500 ETF Trust and United States Treasury Bills 0.0% 22-JAN-2026, occupying 81.57% and 5.85% of the portfolio correspondingly.
MSTB last dividends amounted to 0.32 USD. The year before, the issuer paid 0.05 USD in dividends, which shows a 85.14% increase.
MSTB assets under management is 185.37 M USD. It's risen 4.92% over the last month.
MSTB fund flows account for 22.56 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.
Yes, MSTB pays dividends to its holders with the dividend yield of 0.81%. The last dividend (Jan 2, 2025) amounted to 0.32 USD. The dividends are paid annually.
MSTB shares are issued by Little Harbor Advisors LLC under the brand Little Harbor Advisors. The ETF was launched on Sep 30, 2020, and its management style is Active.
MSTB expense ratio is 1.40% meaning you'd have to pay 1.40% of your investment to help manage the fund.
MSTB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MSTB invests in funds.
MSTB price has risen by 0.12% over the last month, and its yearly performance shows a 14.28% increase. See more dynamics on MSTB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.56% over the last month, showed a 3.57% increase in three-month performance and has increased by 15.58% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.56% over the last month, showed a 3.57% increase in three-month performance and has increased by 15.58% in a year.
MSTB trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.