Overlay Shares Short Term Bond ETF
OVT
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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 - Bonds
- Address
- 5141 Virginia Way, Suite 150 Brentwood TN United States of America 37027
- IPO Date
- Jan 15, 2021
- CIK
- 0001683471
- Website
- overlayshares.com
- Similar Companies
- Business
- Overlay Shares Short Term Bond ETF (OVT) is an actively managed exchange-traded fund that seeks total return through a combination of current income and capital appreciation by investing primarily in short-term, investment-grade U.S. dollar-denominated fixed-rate taxable bonds with a dollar-weighted average maturity of no more than three years and a maximum maturity of five years, or in exchange-traded funds that provide exposure to such bonds (collectively, the Underlying Investments), while overlaying a risk-managed options strategy involving the selling of listed short-term put options on the S&P 500 Index with a notional value up to 100% of the fund's net assets and the purchase of an identical number of short-term put options at lower strike prices to generate additional income; the fund's portfolio is heavily weighted toward holdings such as the Vanguard Short-Term Corporate Bond ETF (VCSH), comprising approximately 99.6% of assets, supplemented by minor cash positions and equity index put options. Launched on January 14, 2021 and listed on the Cboe BZX Exchange following a transfer of its suite of Overlay Shares ETFs from a prior exchange in November 2024, OVT operates within the U.S. short-term bond category, targeting investors seeking stability from diversified short-term corporate, government, and municipal bonds alongside enhanced yield from the put spread overlay strategy, with assets under management of approximately $50.9 million, a 30-day SEC yield of 3.56%, and an expense ratio of 0.80% as of December 2025. OVT forms part of the broader Overlay Shares family of ETFs managed by Liquid Strategies, LLC, an Atlanta, Georgia-based investment manager founded in 2013 that specializes in option overlay strategies applied to equity and fixed income portfolios to optimize cash flow and growth objectives for institutional clients, financial advisors, and retail investors.