Adaptive Hedged Multi-Asset Income ETF (AMAX)

Assets	$22.86M
Expense Ratio	1.36%
PE Ratio	n/a
Shares Out	2.89M
Dividend (ttm)	$0.64
Dividend Yield	8.15%
Ex-Dividend Date	Jun 27, 2025
Payout Frequency	Monthly
Payout Ratio	n/a

Volume	9,053
Open	7.88
Previous Close	7.92
Day's Range	7.88 - 7.92
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

93.17% of assets

Name	Symbol	Weight
Cash	n/a	17.80%
SPDR® S&P 500® ETF	n/a	15.87%
FT Vest Gold Strategy Target Income ETF	IGLD	11.87%
MicroStrategy Incorporated	MSTR	11.46%
Invesco QQQ Trust Series I	QQQ	10.91%
iShares Bitcoin Trust ETF	IBIT	9.75%
iShares 20+ Year Treasury Bond ETF	TLT	6.89%
VanEck Gold Miners ETF	GDX	6.25%
YieldMax GOOGL Option Income Strategy ETF	GOOY	1.19%
YieldMax MSFT Option Income Strategy ETF	MSFO	1.18%

Dividends

Ex-Dividend	Amount	Pay Date
Jun 27, 2025	$0.06575	Jun 30, 2025
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	$0.0522	Jan 31, 2025

Performance

AMAX had a total return of 7.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.22%.