# GraniteShares Autocallable TSLA ETF (TLA): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tla for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: GraniteShares · Asset class: Alternatives - Strategy: Single-Stock · Inception: 2026-02-03 This Fund's objective is to generate potential monthly cash flow through investments in a diversified portfolio of single-stock autocallable options. These options are directly linked to the performance of specific underlying companies, such as Tesla Inc. The fund actively manages these positions using a systematic laddered approach and ongoing rolling strategies. While income distributions may be made when conditions allow, their frequency and amount are neither fixed nor guaranteed. Furthermore, investors should understand that the fund is exposed to the risk of capital loss tied to decli... ## Key Facts | Metric | Value | |---|---| | Price | $24.38 | | Expense Ratio | 5.14% | | Assets Under Management | $6.9M | | NAV | $23.85 (2026-11-06 close) | | Holdings Count | 6 | | Distribution Yield (TTM) | 12.87% | | Annual Distribution (TTM) | $3.14 /share | | Distribution Frequency | Monthly | | 52-Week Range | $21.84 – $25.62 | | Beta | 0.55 | ## Latest Distribution - Amount: $0.3733 /share - Ex-date: 2026-10-07 - Pay date: 2026-10-09 ## Frequently Asked Questions ### What does TLA invest in? This Fund's objective is to generate potential monthly cash flow through investments in a diversified portfolio of single-stock autocallable options. These options are directly linked to the performance of specific underlying companies, such as Tesla Inc. The fund actively manages these positions using a systematic laddered approach and ongoing rolling strategies. While income distributions may be made when conditions allow, their frequency and amount are neither fixed nor guaranteed. Furthermore, investors should understand that the fund is exposed to the risk of capital loss tied to declines in the value of its reference equities. ### What is the expense ratio of TLA? GraniteShares Autocallable TSLA ETF (TLA) charges an expense ratio of 5.14%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TLA? GraniteShares Autocallable TSLA ETF (TLA) manages $6.9M 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 TLA actively managed or an index fund? TLA's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was TLA launched? GraniteShares Autocallable TSLA ETF (TLA) launched in February 2026 and is managed by GraniteShares. ### How has TLA performed? TLA's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does TLA pay a dividend? GraniteShares Autocallable TSLA ETF (TLA) currently distributes little or no income. Trailing-twelve-month yield is 12.87%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TLA pay dividends? GraniteShares Autocallable TSLA ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TLA's dividend yield? TLA's trailing-twelve-month yield is 12.87%, calculated from the sum of dividends over the past year divided by the current price. ### When is TLA's next ex-dividend date? The most recently announced ex-dividend date for TLA was 2026-10-07. 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 TLA's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 5.14% 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 TLA charge its expense ratio? The expense ratio is deducted in tiny daily slices from TLA'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 TLA cost more than a fund like VOO? TLA's strategy (current expense ratio 5.14%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where TLA sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to TLA? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as TLA (5.14%) 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/tla - Distribution history: https://www.dividenddata.com/funds/tla/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tla/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tla/expenses - Peer comparison: https://www.dividenddata.com/funds/tla/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.