Vest Bitcoin Strategy Mgd Vol Y (BTCYX)
| Fund Assets | 16.83M |
| Expense Ratio | 0.89% |
| Min. Investment | $10,000,000 |
| Turnover | 456.06% |
| Dividend (ttm) | 2.57 |
| Dividend Yield | 8.39% |
| Dividend Growth | 34.00% |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 30.59 |
| YTD Return | 15.56% |
| 1-Year Return | 55.36% |
| 5-Year Return | n/a |
| 52-Week Low | 18.50 |
| 52-Week High | 32.45 |
| Beta (5Y) | n/a |
| Holdings | 2 |
| Inception Date | Aug 13, 2021 |
About BTCYX
Vest Bitcoin Strategy Managed Volatility Fund is an open-end mutual fund designed to provide investors exposure to Bitcoin-related returns, utilizing a managed volatility strategy. Rather than investing directly in Bitcoin, the fund primarily holds a dynamic mix of U.S. exchange-traded Bitcoin futures contracts and cash or cash-equivalent investments, including U.S. Treasuries, money market funds, and high-quality commercial paper. The fund’s portfolio allocations are actively adjusted by its adviser based on the historical volatility of Bitcoin futures relative to a predefined volatility target. When Bitcoin futures volatility rises, the fund reduces its futures exposure and increases allocations to cash-like investments; when volatility subsides, it does the reverse. This approach aims to offer total returns linked to Bitcoin while seeking to limit portfolio losses during periods of extreme market swings. The fund serves as a bridge between traditional and digital asset markets, enabling access to Bitcoin’s potential without the complexities of cryptocurrency custody, and is targeted at investors seeking managed risk within the digital assets sector.
Performance
BTCYX had a total return of 55.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.41%.
Top 10 Holdings
71.01% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Treasury Obligations Fund | TOIXX | 69.74% |
| CME Bitcoin Fut May25 | BTCK5 | 1.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $2.566 | Dec 31, 2024 |
| Dec 29, 2023 | $1.9149 | Dec 29, 2023 |
| Dec 30, 2021 | $2.6768 | Dec 30, 2021 |