# AdvisorShares Pure US Cannabis ETF (MSOS): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/msos for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: AdvisorShares · Asset class: Equity - Strategy: Actively Managed · Inception: 2020-09-01 MSOS is the groundbreaking actively managed ETF, listed in the U.S., providing focused exposure exclusively to American cannabis companies, including multi-state operators. The fund's portfolio strategically allocates capital across a wide array of U.S.-based cannabis-related businesses. Offering seamless access, MSOS trades on the NYSE Arca, enabling investors to gain exposure to numerous U.S. cannabis securities through a single, convenient trade. Directly investing in individual U.S. cannabis firms often necessitates sourcing them on smaller, foreign exchanges. The ETF benefits from a po... ## Key Facts | Metric | Value | |---|---| | Price | $4.24 | | Expense Ratio | 0.75% | | Assets Under Management | $769.4M | | NAV | $4.15 (2026-11-05 close) | | Holdings Count | 28 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Special | | 52-Week Range | $2.96 – $7.25 | | Beta | 0.86 | ## Latest Distribution - Amount: $0.0700 /share - Ex-date: 2021-12-23 - Pay date: 2021-12-31 ## Frequently Asked Questions ### What does MSOS invest in? MSOS is the groundbreaking actively managed ETF, listed in the U.S., providing focused exposure exclusively to American cannabis companies, including multi-state operators. The fund's portfolio strategically allocates capital across a wide array of U.S.-based cannabis-related businesses. Offering seamless access, MSOS trades on the NYSE Arca, enabling investors to gain exposure to numerous U.S. cannabis securities through a single, convenient trade. Directly investing in individual U.S. cannabis firms often necessitates sourcing them on smaller, foreign exchanges. The ETF benefits from a portfolio manager with profound capital markets experience and established expertise in navigating highly-regulated equity sectors, notably cannabis. All MSOS assets are securely held by BNY Mellon, one of the largest U.S. custodial banks. ### What is the expense ratio of MSOS? AdvisorShares Pure US Cannabis ETF (MSOS) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MSOS? AdvisorShares Pure US Cannabis ETF (MSOS) manages $769.4M 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 MSOS actively managed or an index fund? MSOS is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MSOS's is 0.75%) in exchange for the discretion to over- or under-weight positions. ### When was MSOS launched? AdvisorShares Pure US Cannabis ETF (MSOS) launched in September 2020 and is managed by AdvisorShares. ### How has MSOS performed? MSOS'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 MSOS pay a dividend? AdvisorShares Pure US Cannabis ETF (MSOS) 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 MSOS pay dividends? AdvisorShares Pure US Cannabis ETF pays dividends Special. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MSOS's dividend yield? MSOS's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is MSOS's next ex-dividend date? The most recently announced ex-dividend date for MSOS was 2021-12-23. The next ex-date typically follows Special; once announced it appears at the top of the dividend history table on this page. ### How much will MSOS's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.75% 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 MSOS charge its expense ratio? The expense ratio is deducted in tiny daily slices from MSOS'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 MSOS cost more than a fund like VOO? MSOS is actively managed (current expense ratio 0.75%). 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 MSOS's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MSOS? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MSOS (0.75%) 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/msos - Distribution history: https://www.dividenddata.com/funds/msos/dividend - Holdings & diversification: https://www.dividenddata.com/funds/msos/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/msos/expenses - Peer comparison: https://www.dividenddata.com/funds/msos/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.