# Aptus Defined Risk ETF (DRSK): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/drsk for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Aptus · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2018-08-07 This actively managed fund aims to deliver both current income and capital growth by combining debt and equity instruments. The vast majority of its assets, specifically 90-95%, are allocated to high-quality corporate bonds. The remaining capital is strategically deployed into long-term, in-the-money call options, targeting specific large-capitalization companies and industry segments for potential gains. ## Key Facts | Metric | Value | |---|---| | Price | $27.19 | | Expense Ratio | 0.79% | | Assets Under Management | $1.39B | | NAV | $27.18 | | Holdings Count | 26 | | Distribution Yield (TTM) | 4.03% | | Annual Distribution (TTM) | $1.10 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $26.95 – $30.15 | | Beta | 1.22 | ## Latest Distribution - Amount: $0.2976 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does DRSK invest in? This actively managed fund aims to deliver both current income and capital growth by combining debt and equity instruments. The vast majority of its assets, specifically 90-95%, are allocated to high-quality corporate bonds. The remaining capital is strategically deployed into long-term, in-the-money call options, targeting specific large-capitalization companies and industry segments for potential gains. ### What is the expense ratio of DRSK? Aptus Defined Risk ETF (DRSK) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations. ### What is DRSK's dividend yield? DRSK's trailing-twelve-month yield is 4.03%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of DRSK? Effective duration measures DRSK's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DRSK's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of DRSK? DRSK's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of DRSK? Yield to maturity (YTM) is the total return you'd earn from DRSK if every bond in the portfolio is held to maturity at the current price. DRSK's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does DRSK pay a dividend? Yes, Aptus Defined Risk ETF (DRSK) distributes dividends to shareholders. The trailing-twelve-month yield is 4.03%. Full dividend history is on this page. ### How often does DRSK pay dividends? Aptus Defined Risk ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is DRSK's next ex-dividend date? The most recently announced ex-dividend date for DRSK was 2026-09-29. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will DRSK's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.79% 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 DRSK charge its expense ratio? The expense ratio is deducted in tiny daily slices from DRSK'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 DRSK cost more than a fund like VOO? DRSK is actively managed (current expense ratio 0.79%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether DRSK's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to DRSK? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as DRSK (0.79%) 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/drsk - Distribution history: https://www.dividenddata.com/funds/drsk/dividend - Holdings & diversification: https://www.dividenddata.com/funds/drsk/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/drsk/expenses - Peer comparison: https://www.dividenddata.com/funds/drsk/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.