Adaptive Hedged Multi-Asset Income ETF (AMAX)

Assets	$49.69M
Expense Ratio	1.36%
PE Ratio	n/a
Shares Out	6.46M
Dividend (ttm)	$0.81
Dividend Yield	10.47%
Ex-Dividend Date	Mar 30, 2026
Payout Frequency	Monthly
Payout Ratio	n/a

Volume	44,911
Open	7.71
Previous Close	7.74
Day's Range	7.65 - 7.76
52-Week Low	7.06
52-Week High	8.44
Beta	0.49
Holdings	29
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

94.27% of assets

Name	Symbol	Weight
iShares 20+ Year Treasury Bond ETF	TLT	22.48%
FT Vest Gold Strategy Target Income ETF	IGLD	16.46%
Cash	n/a	12.93%
State Street® SPDR® S&P 500® ETF	n/a	12.83%
Vanguard Value ETF	VTV	6.44%
Strategy Inc	MSTR	6.11%
VanEck Gold Miners ETF	GDX	5.45%
UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037	USOI	5.27%
Simplify Volatility Premium ETF	SVOL	5.09%
YieldMax GOOGL Option Income Strategy ETF	GOOY	1.21%

Dividend History

Ex-Dividend	Amount	Pay Date
Mar 30, 2026	$0.0769	Mar 31, 2026
Feb 26, 2026	$0.0816	Feb 27, 2026
Jan 29, 2026	$0.0839	Jan 30, 2026
Dec 30, 2025	$0.0675	Dec 31, 2025
Nov 26, 2025	$0.06515	Nov 28, 2025
Oct 30, 2025	$0.068	Oct 31, 2025

Performance

AMAX had a total return of 15.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.26%.