BUXX

Strive Enhanced Income Short Maturity ETF

Fund objective
The Strive Enhanced Income Short Maturity ETF (BUXX) seeks to provide current income while aiming to minimize price volatility and maintain portfolio liquidity.

Fund description
BUXX offers exposure to short-term investment grade assets in structured credit and investment grade corporate sectors to provide durable enhanced yield and outperformance over a full market cycle. Strive aims to unlock value through an unwavering commitment to shareholder capitalism with sector allocation and security selection solely based on credit risk and asset price. We do not consider non-pecuniary factors in investment analysis decisions.

Fund Data & Pricing
Net Assets as of 10/02/2023 $32.29m
NAV $20.05
Shares Outstanding 1,610,000
Premium/discount Percentage 0.24%
Closing Price $20.10
Median 30 Day Spread 0.10%

Data as of 10/02/2023

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund's NAV every fifteen seconds throughout the trading day.

Median 30 Day Spread is a calculation of Fund's median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

The Fund expects to declare and to distribute its net investment income, if any, to shareholders as dividends quarterly.  The amount of any distribution will vary, and there is no guarantee the Fund will pay either an income dividend or a capital gains distribution.

Fund Information
Inception Date 08/10/2023
Primary Exchange NYSE
Ticker BUXX
CUSIP 02072L 441
IOPV Symbol BUXX.IV
NAV Symbol BUXX.NV
Expense Ratio 0.25%
30 Day SEC Yield*

* As of 08/10/2023

Performance Quarter end returns as of 09/30/2023
  AVG. Annualized  
Quarter 1 Year 3 Year Since Inception
Fund NAV - - - 0.80%
Market Price - - - 1.20%
Benchmark Index - - - -

Expense ratio: 0.25%

Inception Date:  08/10/2023

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 855-427-7360. Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Distribution Detail
Ex-Date Record Date Income Payable Date
09/27/2023 09/28/2023 0.10956740 09/29/2023
TOP 10 HOLDINGS
% Of Net Assets Name Ticker CUSIP Shares Held Market Value
4.54% UNITED STATES TREAS BILLS 12/05/2023 912797HN0 912797HN0 1,480,000 1,466,423.34
4.51% UNITED STATES TREAS BILLS 03/21/2024 912797LL9 912797LL9 1,495,000 1,457,540.38
4.49% UNITED STATES TREAS BILLS 06/13/2024 912797FS1 912797FS1 1,505,000 1,449,498.22
3.69% Cash & Other Cash&Other Cash&Other 1,192,156 1,192,156.38
2.03% CAPITAL ONE MULTI TR 2021-1 0.55% 07/15/2026 14041NFW6 14041NFW6 683,000 656,299.48
1.85% FHLMC REMIC SERIES K-F117 5.5514% 06/25/2031 3137H1LV6 3137H1LV6 603,056 596,657.58
1.75% FHLMC REMIC SERIES K-F97 5.5614% 12/25/2030 3137F8ZR7 3137F8ZR7 571,954 563,824.25
1.61% PALMER SQUARE CLO LTD 2018-1 A-1 6.6015% 04/18/203 69703PAA7 69703PAA7 519,649 519,200.02
1.60% FHLMC REMIC SERIES K-F113 5.5414% 05/25/2028 3137H13L8 3137H13L8 522,049 516,723.58
1.56% OCCIDENTAL PETE CORP 6.95% 07/01/2024 674599DB8 674599DB8 500,000 503,387.50

Data as of 10/04/2023. Holdings are subject to change.