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MPAY (Akros Monthly Payout ETF) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
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The fund primarily aims to replicate the performance of its benchmark index by investing in its constituent securities. This index is generally composed of around 18 exchange-traded funds (ETFs) and approximately 50 U.S. publicly traded stocks, collectively known as the "Equity Portfolio Sleeve," though its exact composition may be adjusted periodically. Additionally, the fund maintains the option to allocate up to 20% of its total assets to investments not included in the index, should the Adviser believe these holdings will help maintain consistent index tracking.
OKLAHOMA CITY , March 28, 2025 /PRNewswire/ -- After careful consideration, Exchange Traded Concepts, LLC, the Fund's investment adviser has recommended, and the Board of Trustees of Exchange Listed Funds Trust has approved, the termination and liquidation of the Fund pursuant to the terms of a Plan of Liquidation. Accordingly, the Fund is expected to cease operations and liquidate on or about April 25, 2025 (the "Liquidation Date").
AI-driven asset management fintech start-up Akros Technologies announced that it has become the first company to list an AI-driven target income ETF with monthly distributions on the NYSE. The listed income ETF is the Akros Monthly Payout ETF (NYSEArca: MPAY), which aims for monthly distributions at an annualized target rate of 7%.