Adaptive Hedged Multi-Asset Income ETF (AMAX)

Assets	$22.17M
Expense Ratio	1.36%
PE Ratio	26.76
Shares Out	2.84M
Dividend (ttm)	$0.63
Dividend Yield	8.02%
Ex-Dividend Date	May 29, 2025
Payout Ratio	214.66%
1-Year Return	-1.13%

Volume	6,968
Open	7.90
Previous Close	7.80
Day's Range	7.78 - 7.90
52-Week Low	7.06
52-Week High	8.22
Beta	0.47
Holdings	24
Inception Date	Oct 2, 2009

About AMAX

Fund Home Page

The Adaptive Hedged Multi-Asset Income ETF (AMAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a global portfolio of equities and fixed income securities aiming for total return. The fund uses a market trend model to initiate periods of hedging. AMAX was launched on Oct 2, 2009 and is issued by Adaptive Investments.

• Asset Class: Asset Allocation
• Category: Nontraditional Bond
• Stock Exchange: NYSEARCA
• Ticker Symbol: AMAX
• ETF Provider: Adaptive Investments

Top 10 Holdings

92.74% of assets

Name	Symbol	Weight
Cash	n/a	17.79%
SPDR® S&P 500® ETF	n/a	15.31%
FT Vest Gold Strategy Target Income ETF	IGLD	12.37%
MicroStrategy Incorporated	MSTR	11.49%
Invesco QQQ Trust Series I	QQQ	10.65%
iShares Bitcoin Trust ETF	IBIT	9.40%
iShares 20+ Year Treasury Bond ETF	TLT	6.97%
VanEck Gold Miners ETF	GDX	6.38%
YieldMax GOOGL Option Income Strategy ETF	GOOY	1.20%
YieldMax META Option Income Strategy ETF	FBY	1.17%

Dividends

Ex-Dividend	Amount	Pay Date
May 29, 2025	$0.05285	May 30, 2025
Apr 29, 2025	$0.05215	Apr 30, 2025
Mar 28, 2025	$0.05215	Mar 31, 2025
Feb 27, 2025	$0.0515	Feb 28, 2025
Jan 30, 2025	$0.05225	Jan 31, 2025
Dec 30, 2024	$0.0525	Dec 31, 2024