Vest Bitcoin Strategy Mgd Vol Inv (BTCLX)

Fund Assets	15.13M
Expense Ratio	1.24%
Min. Investment	$10,000,000
Turnover	456.06%
Dividend (ttm)	2.67
Dividend Yield	15.32%
Dividend Growth	9.15%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	17.40
YTD Return	-16.23%
1-Year Return	-29.77%
5-Year Return	n/a
52-Week Low	16.12
52-Week High	29.54
Beta (5Y)	n/a
Holdings	2
Inception Date	n/a

About BTCLX

The Vest Bitcoin Strategy Managed Volatility Fund Investor Class is a mutual fund designed to offer exposure to the performance of Bitcoin through a managed approach that prioritizes volatility control. The fund primarily invests in exchange-traded, cash-settled Bitcoin futures contracts rather than holding physical Bitcoin, alongside a mix of U.S. Treasuries, money market instruments, and other high-quality cash equivalents. The core feature of this fund is its dynamic allocation strategy: it adjusts its exposure to Bitcoin futures based on observed volatility relative to a specific target. When Bitcoin futures exhibit higher volatility, the fund reduces its position in futures and shifts more assets to cash investments to seek a smoother overall return profile. Conversely, during periods of lower volatility, the fund increases its Bitcoin futures allocation. This approach aims to reduce the portfolio’s sensitivity to extreme swings in Bitcoin prices and soften the impact of significant market downturns, making it a distinctive offering in the digital asset mutual fund space. The fund serves investors interested in Bitcoin’s return potential with an added layer of volatility management within a regulated, traditional investment vehicle.

• Fund Family: CBOE Vest
• Category: Digital Assets
• Stock Exchange: NASDAQ
• Ticker Symbol: BTCLX
• Share Class: Investor Class Shares

Performance

BTCLX had a total return of -29.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.98%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
BTCYX	Class Y Shares	0.89%
BTCVX	Institutional Class Shares	0.99%
BTCRX	Class R Shares	0.49%

Top Holdings

63.48% of assets

Name	Symbol	Weight
Federated Treasury Obligations Fund	TOIXX	66.56%
CME Bitcoin Fut Nov25	BTCX5	-3.08%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$2.6655	Dec 30, 2025
Dec 31, 2024	$2.4421	Dec 31, 2024
Dec 29, 2023	$1.8338	Dec 29, 2023
Dec 30, 2021	$2.5573	Dec 30, 2021