# LHA Market State Tactical Q ETF (MSTQ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mstq for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Little Harbor Advisors · Asset class: Equity - Strategy: Actively Managed · Inception: 2022-03-15 The LHA Market State Tactical Q ETF (MSTQ) is a strategically managed fund that aims to achieve its goals by primarily investing in stocks linked to major, growth-focused U.S. companies. Its investment decisions are driven by sophisticated analytical models that predict the future trends of these high-growth equities. It's important to note that this fund maintains a concentrated, rather than diversified, portfolio. ## Key Facts | Metric | Value | |---|---| | Price | $38.31 | | Expense Ratio | 1.59% | | Assets Under Management | $39.5M | | NAV | $38.49 | | Holdings Count | 0 | | Distribution Yield (TTM) | 12.58% | | Annual Distribution (TTM) | $4.82 /share | | Distribution Frequency | Annual | | 52-Week Range | $31.79 – $41.37 | | Beta | 1.12 | ## Latest Distribution - Amount: $4.8213 /share - Ex-date: 2025-12-30 - Pay date: 2025-12-31 ## Frequently Asked Questions ### What does MSTQ invest in? The LHA Market State Tactical Q ETF (MSTQ) is a strategically managed fund that aims to achieve its goals by primarily investing in stocks linked to major, growth-focused U.S. companies. Its investment decisions are driven by sophisticated analytical models that predict the future trends of these high-growth equities. It's important to note that this fund maintains a concentrated, rather than diversified, portfolio. ### What is the expense ratio of MSTQ? LHA Market State Tactical Q ETF (MSTQ) charges an expense ratio of 1.59%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MSTQ? LHA Market State Tactical Q ETF (MSTQ) manages $39.5M 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 MSTQ actively managed or an index fund? MSTQ is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MSTQ's is 1.59%) in exchange for the discretion to over- or under-weight positions. ### When was MSTQ launched? LHA Market State Tactical Q ETF (MSTQ) launched in March 2022 and is managed by Little Harbor Advisors. ### How has MSTQ performed? MSTQ'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 MSTQ pay a dividend? LHA Market State Tactical Q ETF (MSTQ) currently distributes little or no income. Trailing-twelve-month yield is 12.58%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MSTQ pay dividends? LHA Market State Tactical Q 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 MSTQ's dividend yield? MSTQ's trailing-twelve-month yield is 12.58%, calculated from the sum of dividends over the past year divided by the current price. ### When is MSTQ's next ex-dividend date? The most recently announced ex-dividend date for MSTQ was 2025-12-30. 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 MSTQ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.59% 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 MSTQ charge its expense ratio? The expense ratio is deducted in tiny daily slices from MSTQ'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 MSTQ cost more than a fund like VOO? MSTQ is actively managed (current expense ratio 1.59%). 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 MSTQ's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MSTQ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MSTQ (1.59%) 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/mstq - Distribution history: https://www.dividenddata.com/funds/mstq/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mstq/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mstq/expenses - Peer comparison: https://www.dividenddata.com/funds/mstq/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.