# DeFi Development Corp. (CHAD): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/chad for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Thematic · Inception: 2026-09-08 DeFi Development Corp. provides business and commercial property financing services. It provides technology that connects commercial mortgage borrowers looking for debt to refinance, build, or buy commercial property including apartment buildings to commercial property lenders (including banks, credit unions, REITs, debt funds, and more) looking to deploy capital into commercial mortgages. The company was founded by Blake E. Janover on November 28, 2018 and is headquartered in Boca Raton, FL. ## Key Facts | Metric | Value | |---|---| | Price | $9.90 | | Expense Ratio | — | | Assets Under Management | $322.9M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 1.68% | | Annual Distribution (TTM) | $0.17 /share | | Distribution Frequency | Weekly | | 52-Week Range | $6.80 – $9.90 | | Beta | -3.53 | ## Latest Distribution - Amount: $0.0061 /share - Ex-date: 2026-11-27 - Pay date: 2026-11-30 ## Frequently Asked Questions ### What does CHAD invest in? DeFi Development Corp. provides business and commercial property financing services. It provides technology that connects commercial mortgage borrowers looking for debt to refinance, build, or buy commercial property including apartment buildings to commercial property lenders (including banks, credit unions, REITs, debt funds, and more) looking to deploy capital into commercial mortgages. The company was founded by Blake E. Janover on November 28, 2018 and is headquartered in Boca Raton, FL. ### What is the expense ratio of CHAD? An expense ratio for DeFi Development Corp. (CHAD) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee. ### How big is CHAD? DeFi Development Corp. (CHAD) manages $322.9M 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 CHAD actively managed or an index fund? CHAD's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was CHAD launched? DeFi Development Corp. (CHAD) launched in September 2026 and is managed by the fund issuer. ### How has CHAD performed? CHAD'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 CHAD pay a dividend? DeFi Development Corp. (CHAD) currently distributes little or no income. Trailing-twelve-month yield is 1.68%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CHAD pay dividends? DeFi Development Corp. pays dividends Weekly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is CHAD's dividend yield? CHAD's trailing-twelve-month yield is 1.68%, calculated from the sum of dividends over the past year divided by the current price. ### When is CHAD's next ex-dividend date? The most recently announced ex-dividend date for CHAD was 2026-11-27. The next ex-date typically follows Weekly; once announced it appears at the top of the dividend history table on this page. ### Why is CHAD's expense ratio not shown? Neither our market-data feed nor the SEC's structured filing datasets (prospectus fee tables and Form N-CEN annual reports, which we re-check monthly) report an expense ratio for DeFi Development Corp. (CHAD). That usually means the fund family doesn't register this share class's ticker in the SEC's machine-readable data, or the vehicle reports fees outside the standard fund forms. Rather than estimate, we leave it blank; the prospectus on the issuer's site carries the authoritative number. ### How does CHAD charge its expense ratio? The expense ratio is deducted in tiny daily slices from CHAD'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. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/chad - Distribution history: https://www.dividenddata.com/funds/chad/dividend - Holdings & diversification: https://www.dividenddata.com/funds/chad/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/chad/expenses - Peer comparison: https://www.dividenddata.com/funds/chad/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.