SoFi Enhanced Yield ETF

Frequently Asked Questions About THTA

What does THTA invest in?

The fund seeks to achieve its objective by combining a strategy of holding U.S. Treasury Bills and/or U.S. Treasury Bonds, with a “credit spread” option strategy to seek to generate enhanced yield. Its net asset holdings will generally be invested as 2-5% Cash and cash equivalents; 95-100% Treasury securities; Up to 90% Credit Spreads. The fund will invest in a portfolio of U.S. Treasury Bills and/or U.S. Treasury Bonds with a targeted portfolio duration of approximately one year and that ZEGA Financial, LLC, the fund’s sub-adviser, believes will generate annual interest income and capital gains. It is non-diversified.

What is the expense ratio of THTA?

SoFi Enhanced Yield ETF (THTA) charges an expense ratio of 0.61%. This is the annual fee deducted from fund assets to cover management and operations.

What is THTA's dividend yield?

THTA's trailing-twelve-month yield is 11.11%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of THTA?

Effective duration measures THTA's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. THTA's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of THTA?

THTA's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of THTA?

Yield to maturity (YTM) is the total return you'd earn from THTA if every bond in the portfolio is held to maturity at the current price. THTA's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.