# PEO AlphaQuest Thematic PE ETF (LQPE): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/lqpe for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: PEO · Asset class: Equity - Strategy: Actively Managed · Inception: 2025-01-27 LQPE seeks to outperform the public equity markets by replicating traditional private equity (PE) funds focused on leveraged buyouts. The actively managed portfolio comprises 70-80% equity securities and 20-30% derivatives. The funds equity component consists of US-listed stocks of any market size that mirror the industries and company characteristics typically targeted by PE funds. Securities are selected based on the sub-advisers analysis of PE data and its proprietary models. The funds dividend component includes futures contracts and futures-related instruments designed to increase equi... ## Key Facts | Metric | Value | |---|---| | Price | $18.44 | | Expense Ratio | 1.25% | | Assets Under Management | $13.5M | | NAV | $18.37 | | Holdings Count | — | | Distribution Yield (TTM) | 0.28% | | Annual Distribution (TTM) | $0.05 /share | | Distribution Frequency | Irregular | | 52-Week Range | $16.31 – $20.37 | | Beta | 0.48 | ## Latest Distribution - Amount: $0.0520 /share - Ex-date: 2025-12-23 - Pay date: 2025-12-24 ## Frequently Asked Questions ### What does LQPE invest in? LQPE seeks to outperform the public equity markets by replicating traditional private equity (PE) funds focused on leveraged buyouts. The actively managed portfolio comprises 70-80% equity securities and 20-30% derivatives. The funds equity component consists of US-listed stocks of any market size that mirror the industries and company characteristics typically targeted by PE funds. Securities are selected based on the sub-advisers analysis of PE data and its proprietary models. The funds dividend component includes futures contracts and futures-related instruments designed to increase equity exposure and reduce downside volatility relative to public equity markets. LQPE gains exposure to futures contracts and other derivative instruments either directly or indirectly by investing up to 25% of its assets in a wholly owned Cayman Islands subsidiary. Lastly, the fund invests in cash, short-term US Treasury securities, money market funds, and cash equivalents to serve as collateral. ### What is the expense ratio of LQPE? PEO AlphaQuest Thematic PE ETF (LQPE) charges an expense ratio of 1.25%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is LQPE? PEO AlphaQuest Thematic PE ETF (LQPE) manages $13.5M 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 LQPE actively managed or an index fund? LQPE is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LQPE's is 1.25%) in exchange for the discretion to over- or under-weight positions. ### When was LQPE launched? PEO AlphaQuest Thematic PE ETF (LQPE) launched in January 2025 and is managed by PEO. ### How has LQPE performed? LQPE'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 LQPE pay a dividend? PEO AlphaQuest Thematic PE ETF (LQPE) currently distributes little or no income. Trailing-twelve-month yield is 0.28%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does LQPE pay dividends? PEO AlphaQuest Thematic PE ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is LQPE's dividend yield? LQPE's trailing-twelve-month yield is 0.28%, calculated from the sum of dividends over the past year divided by the current price. ### When is LQPE's next ex-dividend date? The most recently announced ex-dividend date for LQPE was 2025-12-23. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will LQPE's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.25% 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 LQPE charge its expense ratio? The expense ratio is deducted in tiny daily slices from LQPE'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 LQPE cost more than a fund like VOO? LQPE is actively managed (current expense ratio 1.25%). 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 LQPE's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to LQPE? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as LQPE (1.25%) 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/lqpe - Distribution history: https://www.dividenddata.com/funds/lqpe/dividend - Holdings & diversification: https://www.dividenddata.com/funds/lqpe/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/lqpe/expenses - Peer comparison: https://www.dividenddata.com/funds/lqpe/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.