TrueShares Structured Outcome (April) ETF
APRZ
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 402 W. Broadway, Suite 400 San Diego CA United States of America 92101
- IPO Date
- Apr 1, 2021
- Website
- true-shares.com
- Similar Companies
- Business
- TrueShares Structured Outcome (April) ETF (APRZ) is an exchange-traded fund that seeks to provide specific structured investment outcomes tied to the price return of the S&P 500 Index, including monthly income generation through options strategies and targeted upside participation with defined downside protection, over an annual outcome period typically ending in April. The fund employs a data-driven, quantitative approach utilizing FLEX options to create FLEX Options Investment Strategy Contracts, aiming for 0%-50% participation in S&P 500 gains up to a cap while offering a buffer against the first 10%-50% of losses; it distributes income monthly from option premiums and collateral yields. Launched in April 2023 by TrueShares Investments, LLC, a Chicago-based asset manager founded in 2018 specializing in ETFs with structured outcomes across various target indices and reset periods (January through December), APRZ trades on the Cboe BZX Exchange and targets income-seeking investors, financial advisors, and institutions focused on equity-linked defined-outcome strategies in the U.S. market. In 2024, TrueShares expanded its lineup with additional monthly series ETFs like those resetting in February and May, enhancing its portfolio of 12 target-outcome funds; the firm also announced strategic enhancements to its options overlay methodology for improved cap potential amid rising volatility. Headquartered in Chicago, Illinois, TrueShares operates solely in the United States with no international subsidiaries or parent affiliations.