Stone Ridge Trust - LifeX 2060 Longevity Income ETF
LFAW
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
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in mil. unless spec.Quarterly Earnings Per Share
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- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 510 Madison Avenue, 21st Floor New York NY United States of America 10022
- IPO Date
- Sep 16, 2024
- Similar Companies
- Business
- Stone Ridge Trust – LifeX 2060 Longevity Income ETF is a U.S.-domiciled actively managed exchange-traded fund sponsored by Stone Ridge Trust and managed by Stone Ridge Asset Management LLC. The fund, which trades under the ticker LFAW, seeks to provide reliable monthly distributions consisting of income and principal through calendar year 2060. It invests principally in U.S. Treasury securities, including Treasury bonds and notes, and may invest in money market funds that invest exclusively in U.S. Government Bonds or repurchase agreements collateralized by such securities; its portfolio is structured to support a long-duration retirement-income and longevity-income objective rather than to track an index. The ETF is intended for investors seeking a planned stream of monthly cash flows over a multidecade period, including individuals planning for retirement and later-life spending needs. LifeX 2060 Longevity Income ETF was formed on January 8, 2024, is domiciled in the United States, and operates from the Stone Ridge platform in New York, New York. Its shares are distributed by Foreside Financial Services, LLC, which is unaffiliated with Stone Ridge Asset Management LLC. In 2025, LifeX reorganized its Longevity Income ETF franchise to simplify its product lineup into fixed and inflation-protected funds with target years of 2050, 2055, 2060, and 2065. As part of the reorganization completed in September 2025, LifeX 2056, 2057, 2058, and 2059 Longevity Income ETFs were combined into LifeX 2060 Longevity Income ETF; the fund also implemented a reverse share split and adopted a simplified intended monthly distribution framework of $0.8333 per share, or $10.00 per share annually, through 2060, subject to the fund’s assets and investment risks. Stone Ridge subsequently expanded the broader LifeX platform with new Income Bucket ETFs designed to provide predictable monthly cash flow over shorter three- and five-year horizons, complementing the Longevity Income ETF franchise.