Defiance Leveraged Long Income MSTR ETF (MST)

Assets	$86.00M
Expense Ratio	1.31%
PE Ratio	n/a
Shares Out	4.80M
Dividend (ttm)	$0.87
Dividend Yield	4.79%
Ex-Dividend Date	Jun 4, 2025
Payout Ratio	n/a
1-Year Return	n/a

Volume	434,853
Open	18.45
Previous Close	18.25
Day's Range	17.75 - 18.54
52-Week Low	16.54
52-Week High	24.23
Beta	n/a
Holdings	20
Inception Date	May 1, 2025

About MST

Fund Home Page

The Defiance Leveraged Long Income MSTR ETF (MST) is an exchange-traded fund that mostly invests in information technology equity. The fund is an actively managed fund that provides 1.5x to 2x leveraged exposure to the daily share price movement of the MicroStrategy Incorporated (NYSE: MSTR), less fees and expenses. The fund uses credit call spreads to generate income MST was launched on May 1, 2025 and is issued by Defiance.

• Asset Class: Equity
• Stock Exchange: NASDAQ
• Ticker Symbol: MST
• ETF Provider: Defiance

Top 10 Holdings

231.96% of assets

Name	Symbol	Weight
MSTR US 06/13/25 C275	n/a	71.10%
MICROSTRATEGY INC SWAP MAREX	n/a	71.02%
US DOLLARS	n/a	30.28%
United States Treasury Notes 3.88%	T.3.875 01.15.26	24.18%
United States Treasury Notes 4.25%	T.4.25 10.15.25	17.44%
United States Treasury Bills 0%	B.0 11.06.25	12.51%
First American Government Obligations Fund	FGXXX	5.20%
MSTR US 06/13/25 C420	n/a	0.14%
MSTR US 06/13/25 C415	n/a	0.07%
MSTR US 06/13/25 C445	n/a	0.02%

Dividends

Ex-Dividend	Amount	Pay Date
Jun 4, 2025	$0.2662	Jun 5, 2025
May 28, 2025	$0.2652	May 29, 2025
May 21, 2025	$0.335	May 22, 2025