Peakshares Sector Rotation ETF

Frequently Asked Questions About PSTR

What does PSTR invest in?

PSTR pursues favorable returns by continuously evaluating economic, political, and market conditions to identify opportunities and mitigate potential declines. Portfolio allocation is based on forecasting methods, incorporating sector analysis and top-down macroeconomic indicators like key industry drivers, financial metrics, and return forecasts. Additionally, bottom-up fundamental analysis of individual securities is also part of the approach. While it maintains core investments in sectors represented in the S&P 500, it periodically shifts selection and weighting towards sectors across the broader domestic market. The strategy is intended to capitalize on the potential alpha arising from variations between sector allocations and the broad market. To further enhance returns and generate income, it utilizes a covered call option writing strategy. The fund may engage in active and frequent trading. Investments may include equity ETFs and derivatives.

What is the expense ratio of PSTR?

Peakshares Sector Rotation ETF (PSTR) charges an expense ratio of 1.07%. This is the annual fee deducted from fund assets to cover management and operations.

What is PSTR's distribution yield?

PSTR's trailing-twelve-month yield is 4.90%, calculated from the sum of distributions over the past year divided by the current price.

How does PSTR's covered-call strategy work?

PSTR sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is PSTR?

Peakshares Sector Rotation ETF (PSTR) manages $51.5M 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 PSTR actively managed or an index fund?

PSTR's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.