Akros Monthly Payout ETF (MPAY)

NYSEARCA: MPAY · IEX Real-Time Price · USD
22.08
+0.03 (0.14%)
At close: Jun 2, 2023, 9:47 AM
22.14
+0.06 (0.25%)
After-hours: Jun 2, 2023, 8:00 PM EDT
Assets $1.98M
Expense Ratio 0.59%
PE Ratio 11.70
Shares Out 90,000
Dividend (ttm) $1.59
Dividend Yield 7.20%
Ex-Dividend Date May 2, 2023
Payout Ratio 84.18%
1-Year Return -9.32%
Volume 641
Open 22.07
Previous Close 22.05
Day's Range 22.07 - 22.08
52-Week Low 21.04
52-Week High 24.24
Beta -0.49
Holdings 59
Inception Date May 5, 2022

About MPAY

Fund Home Page

The Akros Monthly Payout ETF (MPAY) is an exchange-traded fund that is based on the Akros Multi-Asset index. The fund is a passively managed, fund-of-funds representing a balanced portfolio of global equities, fixed income securities, and alternative investments which aims to provide monthly distributions. MPAY was launched on May 5, 2022 and is managed by Exchange Traded Concepts.

Asset Class Asset Allocation
Category Moderate Allocation
Region Global
Stock Exchange NYSEARCA
Ticker Symbol MPAY
Index Tracked Akros Multi-Asset

Top 10 Holdings

74.65% of assets
Name Symbol Weight
iShares Treasury Floating Rate Bond ETF TFLO 10.22%
iShares 0-3 Month Treasury Bond ETF SGOV 10.21%
SPDR Bloomberg 1-3 Month T-Bill ETF BIL 10.21%
SPDR Portfolio Long Term Treasury ETF SPTL 9.96%
Vanguard Long-Term Treasury ETF VGLT 9.96%
iShares 20+ Year Treasury Bond ETF TLT 9.95%
Schwab Long-Term U.S. Treasury ETF SCHQ 7.39%
The Home Depot, Inc. HD 2.52%
PepsiCo, Inc. PEP 2.30%
Accenture plc ACN 1.93%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
May 2, 2023 $0.132 May 5, 2023
Apr 4, 2023 $0.1327 Apr 10, 2023
Mar 2, 2023 $0.1289 Mar 6, 2023
Feb 2, 2023 $0.1335 Feb 6, 2023
Jan 4, 2023 $0.1292 Jan 9, 2023
Dec 2, 2022 $0.1322 Dec 7, 2022
Full Dividend History

News

Akros Launches AI-Driven Target Income ETF With MPAY

AI-driven asset management fintech start-up Akros Technologies announced that it has become the first company to list an AI-driven target income ETF with monthly distributions on the NYSE. The listed ...

1 year ago - ETF Trends
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