TrueShares Structured Outcome (November) ETF (NOVZ)

BATS: NOVZ · Real-Time Price · USD

43.92

-0.14 (-0.31%)

Feb 19, 2026, 4:00 PM EST - Market closed

-0.31% (1D)

Assets	$19.76M
Expense Ratio	0.79%
PE Ratio	n/a
Shares Out	450,000
Dividend (ttm)	$1.57
Dividend Yield	3.58%
Ex-Dividend Date	Dec 24, 2025
Payout Frequency	Annual
Payout Ratio	n/a

Volume	7,028
Open	43.83
Previous Close	44.06
Day's Range	43.82 - 43.92
52-Week Low	34.91
52-Week High	45.75
Beta	0.77
Holdings	8
Inception Date	Oct 30, 2020

About NOVZ

Fund Home Page

The TrueShares Structured Outcome (November) ETF (NOVZ) 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. NOVZ was launched on Oct 30, 2020 and is issued by Truemark Group.

Asset Class Alternatives

Category Defined Outcome

Region North America

Stock Exchange BATS

Ticker Symbol NOVZ

ETF Provider Truemark Group

Top Holdings

Name	Symbol	Weight
United States Treasury Bills	B.0 10.29.26	96.50%
Spy 10/30/26 C682.06 Euro Cash Flex	n/a	5.71%
Spy 10/30/26 C690.00 Euro Cash Flex	n/a	0.23%
Spy 10/30/26 C697.00 Euro Cash Flex	n/a	0.23%
State Street U.S. Government Money Market Portfolio	SALXX	0.11%
Spy 10/30/26 C693.00 Euro Cash Flex	n/a	0.04%
Cash	n/a	-0.00%
Spy 10/30/26 P613.85 Euro Cash Flex	n/a	-2.82%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 24, 2025	$1.57192	Dec 26, 2025
Dec 27, 2024	$1.18039	Dec 30, 2024
Dec 27, 2023	$0.78888	Dec 29, 2023
Dec 29, 2022	$0.0742	Jan 3, 2023
Dec 29, 2021	$0.17349	Dec 31, 2021

Full Dividend History

Performance

NOVZ had a total return of 9.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.19%.