# Roundhill IO Digital Infrastructure ETF (BYTE): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/byte for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Roundhill Investments · Asset class: Equity - Strategy: Thematic · Inception: 2021-10-28 The index tracks the performance of digital infrastructure companies. Digital infrastructure is comprised of the high-tech physical assets that support the efficient storage and transmission of data, powering the internet. Under normal circumstances, at least 80% of the fund’s net assets will be invested in digital infrastructure companies. The fund generally will invest in all of the component securities of the index in approximately the same proportions as in the index. It is non-diversified. ## Key Facts | Metric | Value | |---|---| | Price | $9.53 | | Expense Ratio | 0.46% | | Assets Under Management | $1.2M | | NAV | $9.50 | | Holdings Count | 41 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Annual | | 52-Week Range | $8.64 – $10.90 | | Beta | 0.00 | ## Latest Distribution - Amount: $0.0908 /share - Ex-date: 2022-12-13 - Pay date: 2022-12-15 ## Frequently Asked Questions ### What does BYTE invest in? The index tracks the performance of digital infrastructure companies. Digital infrastructure is comprised of the high-tech physical assets that support the efficient storage and transmission of data, powering the internet. Under normal circumstances, at least 80% of the fund’s net assets will be invested in digital infrastructure companies. The fund generally will invest in all of the component securities of the index in approximately the same proportions as in the index. It is non-diversified. ### What is the expense ratio of BYTE? Roundhill IO Digital Infrastructure ETF (BYTE) charges an expense ratio of 0.46%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BYTE? Roundhill IO Digital Infrastructure ETF (BYTE) manages $1.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is BYTE actively managed or an index fund? BYTE's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was BYTE launched? Roundhill IO Digital Infrastructure ETF (BYTE) launched in October 2021 and is managed by Roundhill Investments. ### How has BYTE performed? BYTE's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does BYTE pay a dividend? Roundhill IO Digital Infrastructure ETF (BYTE) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BYTE pay dividends? Roundhill IO Digital Infrastructure ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BYTE's dividend yield? BYTE's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is BYTE's next ex-dividend date? The most recently announced ex-dividend date for BYTE was 2022-12-13. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will BYTE's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.46% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BYTE charge its expense ratio? The expense ratio is deducted in tiny daily slices from BYTE's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BYTE cost more than a fund like VOO? BYTE's strategy (current expense ratio 0.46%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where BYTE sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to BYTE? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as BYTE (0.46%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/byte - Distribution history: https://www.dividenddata.com/funds/byte/dividend - Holdings & diversification: https://www.dividenddata.com/funds/byte/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/byte/expenses - Peer comparison: https://www.dividenddata.com/funds/byte/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.