- What does SRHR invest in?
- Under normal circumstances, the fund invests at least 80% of its net assets in Real Estate Investment Trusts (“REITs”) that are publicly traded on domestic stock exchanges. In addition, the fund strategically implements an option strategy consisting of writing (selling) U.S. exchange-traded covered call options on the REITs in the fund’s portfolio. The fund is non-diversified.
- What is the expense ratio of SRHR?
- SRH REIT Covered Call ETF (SRHR) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.
- What is SRHR's distribution yield?
- SRHR's trailing-twelve-month yield is 6.08%, calculated from the sum of distributions over the past year divided by the current price.
- How does SRHR's covered-call strategy work?
- SRHR 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 SRHR?
- SRH REIT Covered Call ETF (SRHR) manages $47.6M 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 SRHR actively managed or an index fund?
- SRHR's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
