Strategy Shares Nasdaq 5 Handl Index ETF
FIVR
NASDAQ Global Market- -
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
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Dec 28, 2021
- CIK
- 0001506213
- Similar Companies
- Business
- Strategy Shares Nasdaq 5 Handl Index ETF (FIVR) is an exchange-traded fund that seeks investment results that correlate generally, before fees and expenses, to the price and yield performance of the Nasdaq 5HANDL™ Index. The fund operates as a fund of funds, investing at least 80% of its assets in securities of the index, which consists of approximately 19 exchange-traded funds (ETFs) split into two equally weighted components: a Core Portfolio with 70% allocation to U.S. aggregate fixed-income ETFs and 30% to U.S. large-cap equity ETFs, and an Explore Portfolio employing a proprietary momentum-tilted methodology across 12 income-oriented asset categories including dividend equity, options overlay, high-yield bonds, investment-grade corporate bonds, master limited partnerships (MLPs), mortgage-backed securities (MBS), active fixed income, preferred securities, real estate investment trusts (REITs), growth and income blends, utilities, and Build America Bonds; top holdings include iShares Core U.S. Aggregate Bond ETF (AGG), Vanguard Total Bond Market ETF (BND), Schwab U.S. Aggregate Bond ETF (SCHZ), Alerian MLP ETF (AMLP), and Invesco QQQ Trust (QQQ). The index aims to provide broad diversification across U.S. equities, fixed income, and alternative investments with risk characteristics similar to broad U.S. capital markets, targeting a 5.0% annualized distribution rate payable monthly, though distributions may include return of capital and are not guaranteed. FIVR was launched on December 28, 2021, and trades on Nasdaq; it is managed by Rational Advisors, Inc., with portfolio managers David Miller and Charles Ashley, and is distributed by Foreside Fund Services, LLC. The fund has net assets under management of approximately $2.11 million and a net expense ratio of 0.88% after fee waivers. The ETF focuses on income-seeking investors targeting stable monthly distributions from a multi-asset portfolio, with geographic operations centered on U.S. markets and no material international exposure beyond underlying holdings. Strategy Shares, the issuer affiliated with Rational Advisors, Inc., is based at 36 North New York Avenue, Huntington, New York 11743. No significant recent partnerships, acquisitions, funding rounds, product launches, or strategic shifts specific to FIVR or its direct management have been reported in the last 1-2 years; the fund continues to operate under its established prospectus dated September 1, 2022 (as revised), with ongoing monthly rebalancing of the Core Portfolio and Explore Portfolio components. Rational Advisors maintains expense limitation agreements to cap total annual fund operating expenses, currently at 0.88% net, with potential recoupment provisions.