Main BuyWrite ETF
BUYW
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 1820 NE Jensen Beach Boulevard Jensen Beach FL United States of America 34957
- IPO Date
- Sep 12, 2022
- Website
- inspireetf.com
- Similar Companies
- Business
- Main BuyWrite ETF (BUYW) is an actively managed exchange-traded fund that seeks to provide favorable risk-adjusted total returns relative to the Morningstar Option Writing Category by investing in a portfolio of domestic and international exchange-traded funds (ETFs) selected through fundamental reversion-to-the-mean analysis, while employing a covered call writing strategy to generate income from option premiums and dampen volatility. The fund's core holdings include major ETFs such as iShares Core S&P 500 ETF (IVV), VanEck Semiconductor ETF (SMH), and Invesco NASDAQ 100 ETF (QQQM), with allocations dynamically adjusted across equity sectors and regions; it writes covered call or index-based options on 0% to 100% of its ETF portfolio value to earn dividends and premiums, targeting lower volatility, enhanced returns in flat or down markets, and a core alternative allocation role. BUYW distributes income monthly and operates within the derivative income and global equities segments, serving income-focused investors seeking equity exposure with hedged downside protection. Launched on December 29, 2015, as a conversion from a prior mutual fund strategy, BUYW is a series of Northern Lights Fund Trust IV and is issued and advised by Main Management ETF Advisors, LLC, a San Francisco-based affiliate of Main Management LLC, which manages approximately $2.2 billion in ETF assets and $1.6 billion overall with a team of 22 professionals averaging over 30 years of industry experience. The firm, headquartered at 601 California Street in San Francisco, California, provides institutional-quality ETF solutions globally through its four funds totaling $3.27 billion in assets under management. In recent developments, Main Management marked the 20-year milestone of its pioneering BuyWrite strategy in 2025, highlighting its long-term track record as one of the earliest in the Morningstar Derivative Income category; the firm lowered the net expense ratio for BUYW via Main Management Fund Advisors, LLC, appointed industry veteran Rusty Vanneman as Chairman of the Advisory Board to guide growth, and issued its Q4 2025 Macro Update amid ongoing portfolio enhancements. BUYW has demonstrated stellar short-term performance, including steady dividend growth with a 6.7% increase in its September 2025 payout to $0.0711 per share, and maintained resilience in varying market conditions through opportunistic option writing on undervalued ETF baskets. These updates underscore the fund's adaptability, with no major acquisitions, partnerships, or reorganizations reported for the issuer in the last 1-2 years.