Key stats
About Tuttle Capital MSTR 0DTE Covered Call ETF
Home page
Inception date
Oct 23, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tuttle Capital Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US26923Q8042
MSTK aims to provide current income by utilizing a synthetic covered call strategy linked to MicroStrategy Inc. (NASDAQ: MSTR). In executing the synthetic covered call strategy, the fund will sell out-of-the-money, zero days to expiration (0DTE) call options on MSTR, which means the call options expire at the end of the day or reset daily. This strategy aims to capture daily premiums and avoid large overnight gaps. Up to 20% of the fund can be used for options with one day to expiration (1DTE), two days to expiration (2DTE), or FLEX options. Writing out-of-the-money call options with short expirations effectively limits potential gains if the price of the MSTR rises significantly. The fund aims for monthly distributions. The fund invests in short-term US Treasurys and money market instruments as collateral for options contracts. At times, the fund may invest in MSTR shares directly to achieve its objectives.
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
Government
Bonds, Cash & Other100.00%
Government101.93%
Mutual fund5.66%
Cash−0.91%
Rights & Warrants−6.69%
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
MSTK assets under management is 232.19 K USD. It's fallen 7.12% over the last month.
MSTK fund flows account for 249.97 K 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, MSTK pays dividends to its holders with the dividend yield of 2.31%. The last dividend (Nov 3, 2025) amounted to 0.50 USD. The dividends are paid annually.
MSTK shares are issued by Tuttle Capital Management LLC under the brand Tuttle Capital. The ETF was launched on Oct 23, 2025, and its management style is Active.
MSTK expense ratio is 0.99% meaning you'd have to pay 0.99% of your investment to help manage the fund.
MSTK follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MSTK invests in bonds.
MSTK trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.