TrueShares Structured Outcome (April) ETF (APRZ)

Assets	$33.20M
Expense Ratio	0.79%
PE Ratio	n/a
Shares Out	840,000
Dividend (ttm)	$1.25
Dividend Yield	3.18%
Ex-Dividend Date	Dec 24, 2025
Payout Frequency	Annual
Payout Ratio	n/a

Volume	2,538
Open	39.62
Previous Close	39.91
Day's Range	39.50 - 39.62
52-Week Low	33.77
52-Week High	39.91
Beta	0.74
Holdings	13
Inception Date	Mar 31, 2021

About APRZ

Fund Home Page

The TrueShares Structured Outcome (April) ETF (APRZ) is an exchange-traded fund that mostly invests in downside hedge alternatives. The fund aims for specific buffered losses on the S&P 500 over a specific holdings period with uncapped gains, subject to strategy costs. The actively managed fund holds options and collateral. APRZ was launched on Mar 31, 2021 and is issued by Truemark Group.

• Asset Class: Alternatives
• Category: Defined Outcome
• Region: North America
• Stock Exchange: BATS
• Ticker Symbol: APRZ
• ETF Provider: Truemark Group

Top 10 Holdings

101.71% of assets

Name	Symbol	Weight
United States Treasury Bills	B.0 03.18.27	88.17%
Spy 03/31/27 C650.34 Euro Cash Flex	n/a	7.69%
Spy 03/31/27 C717.00 Euro Cash Flex	n/a	2.08%
Spy 03/31/27 C719.00 Euro Cash Flex	n/a	2.04%
Spy 03/31/27 C654.00 Euro Cash Flex	n/a	0.55%
Spy 03/31/27 C700.00 Euro Cash Flex	n/a	0.34%
State Street U.S. Government Money Market Portfolio	SALXX	0.31%
Spy 03/31/27 C734.00 Euro Cash Flex	n/a	0.28%
Spy 03/31/27 C651.00 Euro Cash Flex	n/a	0.16%
Spy 03/31/27 C731.00 Euro Cash Flex	n/a	0.09%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 24, 2025	$1.25455	Dec 26, 2025
Dec 27, 2024	$0.95028	Dec 30, 2024
Dec 27, 2023	$0.85875	Dec 29, 2023
Dec 29, 2022	$0.14695	Jan 3, 2023

Performance

APRZ had a total return of 19.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.36%.