# Simplify Intermediate Term Treasury Futures Strategy ETF (TYA): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tya for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Simplify · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2021-09-27 The Simplify Intermediate Term Treasury Futures Strategy ETF (TYA) aims to generate a total return, prior to fees and expenses, that matches or exceeds the performance of the ICE US Treasury 20+ Year Index on a calendar quarter basis. The Fund's investment objective is strictly measured over a complete calendar quarter and is not intended for different timeframes. TYA achieves this by targeting the duration of the ICE 20+ Year US Treasury Index through investments in 10-Year US Treasury futures contracts, positioned in the intermediate section of the yield curve. This strategy is structured... ## Key Facts | Metric | Value | |---|---| | Price | $11.42 | | Expense Ratio | 0.25% | | Assets Under Management | $43.7M | | NAV | $11.51 | | Holdings Count | 7 | | Distribution Yield (TTM) | 4.38% | | Annual Distribution (TTM) | $0.50 /share | | Distribution Frequency | Monthly | | 52-Week Range | $10.83 – $14.09 | | Beta | 2.93 | ## Latest Distribution - Amount: $0.0500 /share - Ex-date: 2026-10-27 - Pay date: 2026-10-30 ## Frequently Asked Questions ### What does TYA invest in? The Simplify Intermediate Term Treasury Futures Strategy ETF (TYA) aims to generate a total return, prior to fees and expenses, that matches or exceeds the performance of the ICE US Treasury 20+ Year Index on a calendar quarter basis. The Fund's investment objective is strictly measured over a complete calendar quarter and is not intended for different timeframes. TYA achieves this by targeting the duration of the ICE 20+ Year US Treasury Index through investments in 10-Year US Treasury futures contracts, positioned in the intermediate section of the yield curve. This strategy is structured to deliver significant duration exposure with a modest capital outlay, while also seeking to harness yield curve efficiencies from the belly of the curve. Investors can employ TYA as an alternative to less efficient long-duration holdings, to boost the capital efficiency of intermediate duration portfolio allocations, or as a foundational component within advanced portfolio designs like risk parity strategies. ### What is the expense ratio of TYA? Simplify Intermediate Term Treasury Futures Strategy ETF (TYA) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations. ### What is TYA's dividend yield? TYA's trailing-twelve-month yield is 4.38%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of TYA? Effective duration measures TYA's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TYA's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of TYA? TYA'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 TYA? Yield to maturity (YTM) is the total return you'd earn from TYA if every bond in the portfolio is held to maturity at the current price. TYA'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. ### Does TYA pay a dividend? Yes, Simplify Intermediate Term Treasury Futures Strategy ETF (TYA) distributes dividends to shareholders. The trailing-twelve-month yield is 4.38%. Full dividend history is on this page. ### How often does TYA pay dividends? Simplify Intermediate Term Treasury Futures Strategy 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 TYA's next ex-dividend date? The most recently announced ex-dividend date for TYA 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 TYA's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.25% 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 TYA charge its expense ratio? The expense ratio is deducted in tiny daily slices from TYA'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 TYA cost more than a fund like VOO? TYA is actively managed (current expense ratio 0.25%). 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 TYA's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TYA? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as TYA (0.25%) 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/tya - Distribution history: https://www.dividenddata.com/funds/tya/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tya/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tya/expenses - Peer comparison: https://www.dividenddata.com/funds/tya/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.