# Simplify Barrier Income ETF (SBAR): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/sbar for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Simplify · Asset class: Equity Income - Strategy: Actively Managed · Inception: 2025-04-14 The Simplify Barrier Income ETF (SBAR) generates a distinct monthly income stream by strategically selling 30-barrier put options. This approach entails investors accepting a pre-defined risk of loss, capped by the 30-barrier level, in anticipation of earning higher yields than typically found in conventional fixed-income assets. Unlike standard bond or equity funds, SBAR provides the benefit of a clearly established downside threshold from the outset, empowering investors to make investment decisions aligned with their personal, quantifiable risk tolerance. ## Key Facts | Metric | Value | |---|---| | Price | $25.12 | | Expense Ratio | 0.75% | | Assets Under Management | $442.4M | | NAV | $25.07 | | Holdings Count | 5 | | Distribution Yield (TTM) | 12.30% | | Annual Distribution (TTM) | $3.09 /share | | Distribution Frequency | Monthly | | 52-Week Range | $24.26 – $26.78 | | Beta | 0.40 | ## Latest Distribution - Amount: $0.2500 /share - Ex-date: 2026-10-27 - Pay date: 2026-10-30 ## Frequently Asked Questions ### What does SBAR invest in? The Simplify Barrier Income ETF (SBAR) generates a distinct monthly income stream by strategically selling 30-barrier put options. This approach entails investors accepting a pre-defined risk of loss, capped by the 30-barrier level, in anticipation of earning higher yields than typically found in conventional fixed-income assets. Unlike standard bond or equity funds, SBAR provides the benefit of a clearly established downside threshold from the outset, empowering investors to make investment decisions aligned with their personal, quantifiable risk tolerance. ### What is the expense ratio of SBAR? Simplify Barrier Income ETF (SBAR) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations. ### What is SBAR's dividend yield? SBAR's trailing-twelve-month yield is 12.30%, calculated from the sum of dividends over the past year divided by the current price. ### How big is SBAR? Simplify Barrier Income ETF (SBAR) manages $442.4M 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 SBAR actively managed or an index fund? SBAR is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SBAR's is 0.75%) in exchange for the discretion to over- or under-weight positions. ### When was SBAR launched? Simplify Barrier Income ETF (SBAR) launched in April 2025 and is managed by Simplify. ### Does SBAR pay a dividend? Yes, Simplify Barrier Income ETF (SBAR) distributes dividends to shareholders. The trailing-twelve-month yield is 12.30%. Full dividend history is on this page. ### How often does SBAR pay dividends? Simplify Barrier Income 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 SBAR's next ex-dividend date? The most recently announced ex-dividend date for SBAR was 2026-10-27. 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 SBAR's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.75% 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 SBAR charge its expense ratio? The expense ratio is deducted in tiny daily slices from SBAR'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 SBAR cost more than a fund like VOO? SBAR is actively managed (current expense ratio 0.75%). 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 SBAR's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to SBAR? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as SBAR (0.75%) 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/sbar - Distribution history: https://www.dividenddata.com/funds/sbar/dividend - Holdings & diversification: https://www.dividenddata.com/funds/sbar/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/sbar/expenses - Peer comparison: https://www.dividenddata.com/funds/sbar/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.