- What does QVOY invest in?
- Under typical market conditions, this fund chiefly allocates its capital to shares of diverse investment vehicles, including exchange-traded funds (ETFs), open-end mutual funds, and closed-end funds. These investments are strategically distributed across four key areas: core equity, active equity, fixed income, and alternative assets. Via these underlying holdings, the fund aims to indirectly gain exposure to equity securities across all market capitalization sizes and to debt instruments spanning the entire range of credit qualities.
- What is the expense ratio of QVOY?
- Q3 All-Season Active Rotation ETF (QVOY) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations.
- What is QVOY's distribution yield?
- QVOY's trailing-twelve-month yield is 8.89%, calculated from the sum of distributions over the past year divided by the current price.
- How does QVOY's covered-call strategy work?
- QVOY 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 QVOY?
- Q3 All-Season Active Rotation ETF (QVOY) manages $56.0M 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 QVOY actively managed or an index fund?
- QVOY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
