# Obra Opportunistic Structured Products ETF (OOSP): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/oosp for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Obra · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2024-04-09 The Obra Opportunistic Structured Products ETF (OOSP) employs a flexible and proactive investment strategy, deploying capital across diverse capital structures, credit quality tiers, and duration profiles, all guided by the fund manager's ongoing evaluation of market conditions. Its portfolio encompasses a wide array of structured credit instruments, such as asset-backed securities, mortgage-backed securities (including both residential and commercial), collateralized debt obligations, collateralized mortgage obligations, and collateralized loan obligations. The advisor's selection process... ## Key Facts | Metric | Value | |---|---| | Price | $10.01 | | Expense Ratio | 1.38% | | Assets Under Management | $150.2M | | NAV | $10.08 | | Holdings Count | 270 | | Distribution Yield (TTM) | 6.35% | | Annual Distribution (TTM) | $0.64 /share | | Distribution Frequency | Monthly | | 52-Week Range | $9.97 – $10.29 | | Beta | 0.06 | ## Latest Distribution - Amount: $0.0500 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does OOSP invest in? The Obra Opportunistic Structured Products ETF (OOSP) employs a flexible and proactive investment strategy, deploying capital across diverse capital structures, credit quality tiers, and duration profiles, all guided by the fund manager's ongoing evaluation of market conditions. Its portfolio encompasses a wide array of structured credit instruments, such as asset-backed securities, mortgage-backed securities (including both residential and commercial), collateralized debt obligations, collateralized mortgage obligations, and collateralized loan obligations. The advisor's selection process combines fundamental research, quantitative models, and structural analysis. The fund deliberately avoids concentrating on specific tranches or asset categories, maintaining broad diversification. A central tenet of the strategy involves meticulously assessing each individual security's potential for return relative to its associated risks. All holdings within the portfolio derive their value from interest payments or one or more derivative instruments, with the potential for leverage to be utilized. The fund will engage in active trading to manage exposures and capitalize on market opportunities, with transaction volumes expected to increase significantly during periods of heightened market volatility. ### What is the expense ratio of OOSP? Obra Opportunistic Structured Products ETF (OOSP) charges an expense ratio of 1.38%. This is the annual fee deducted from fund assets to cover management and operations. ### What is OOSP's dividend yield? OOSP's trailing-twelve-month yield is 6.35%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of OOSP? Effective duration measures OOSP's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. OOSP's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of OOSP? OOSP'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 OOSP? Yield to maturity (YTM) is the total return you'd earn from OOSP if every bond in the portfolio is held to maturity at the current price. OOSP'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 OOSP pay a dividend? Yes, Obra Opportunistic Structured Products ETF (OOSP) distributes dividends to shareholders. The trailing-twelve-month yield is 6.35%. Full dividend history is on this page. ### How often does OOSP pay dividends? Obra Opportunistic Structured Products ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is OOSP's next ex-dividend date? The most recently announced ex-dividend date for OOSP was 2026-09-29. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will OOSP's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.38% 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 OOSP charge its expense ratio? The expense ratio is deducted in tiny daily slices from OOSP'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 OOSP cost more than a fund like VOO? OOSP is actively managed (current expense ratio 1.38%). 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 OOSP's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to OOSP? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as OOSP (1.38%) 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/oosp - Distribution history: https://www.dividenddata.com/funds/oosp/dividend - Holdings & diversification: https://www.dividenddata.com/funds/oosp/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/oosp/expenses - Peer comparison: https://www.dividenddata.com/funds/oosp/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.