- What does QVOY invest in?
- Under normal circumstances, the fund will invest primarily in shares of other investment companies, including exchange-traded funds (“ETFs”), open-end mutual funds, and closed-end funds across four category “sleeves”: core equity, active equity, bonds, and alternatives. The fund may indirectly invest in equity securities of all capitalization ranges and in debt securities of all 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 8.59%, 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 $54.6M 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.
