An actively-managed strategy that seeks income and growth through a hybrid fixed income and equity approach. The strategy invests 90-95% of its assets to obtain exposure to investment-grade corporate bonds, with the remainder seeking gains in long-term in-the-money call options on selective large cap stocks and sectors.
Why DRSK?
Broadly diversified income from intermediate-term, investment-grade corporate bonds without chasing yield or accepting long-duration risk
Laddered approach to create annual redemption and redeployment to reduce reinvestment risk
Intermediate-term options enable pursuit of 10-20 equity market opportunities, typically with 5-10% of capital at risk
Fund Performance
| Monthly as of 1/31/2021 | Quarterly as of 12/31/2020 | |||
|---|---|---|---|---|
| NAV % | Market % | NAV % | Market % | |
| 1 Month | 0.67 | 0.91 | 0.67 | 0.91 |
| 3 Month | 7.86 | 7.77 | 7.86 | 7.77 |
| 1 Year | 13.74 | 13.55 | 13.74 | 13.55 |
| 3 Year | - | - | - | - |
| 5 Year | - | - | - | - |
| YTD | 11.03 | 11.27 | 11.03 | 11.27 |
| Since Inception | 28.01 | 28.39 | 28.01 | 28.39 |
| Since Inception Annualized | 13.91 | 14.09 | 13.91 | 14.09 |
Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized Return is the average return gained or lost by an investment each year over a given time period. Performance is annualized for periods greater than 1 year.
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Short-term performance in particular is not a good indication of the fund’s future performance and an investment should not be made solely on returns.
Fund Holdings
Current as of 02/04/2021.
| Ticker | CUSIP | Security Description | Weight % | Shares | Price | Market Value |
|---|---|---|---|---|---|---|
| AAPL 201016C00400000 | AAPL 201016C00400000 | APPLE IN CLL OPT 10/20 400 | 0.19% | 665 | 10.65 | 708,225 |
| ADBE 201016C00465000 | ADBE 201016C00465000 | ADOBE SY CLL OPT 10/20 465 | 0.22% | 550 | 14.83 | 815,375 |
| AMT 201016C00260000 | AMT 201016C00260000 | AMERICAN CLL OPT 10/20 260 | 0.36% | 720 | 19.00 | 1,368,000 |
| AMZN 201016C03300000 | AMZN 201016C03300000 | AMAZON C CLL OPT 10/20 3300 | 0.23% | 67 | 127.85 | 856,595 |
Fund Prices
Current as of 02/04/2021.
| NAV | MARKET PRICE | ||
|---|---|---|---|
| Net Asset Value | 30.24 | Closing Price | 30.35 |
| Daily Change $ | -0.05 | Daily Change $ | -0.03 |
| Daily Change % | -0.17 | Daily Change % | -0.10 |
| Premium/Discount % | 0.37 |
Fund Details
Current as of 02/04/2021.
| Fund Ticker | DRSK |
|---|---|
| Fund Name | Aptus Defined Risk ETF |
| Primary Exchange | CBOE |
| CUSIP | 26922A388 |
| ISIN | US26922A3885 |
| Net Assets | $373,435,404.81 |
| Expense Ratio | 0.79% |
| 30 Day Median Bid- Ask % | 0.29 |
| Inception Date | 08/07/2018 |
| Shares Outstanding | 12350000.000 |
| Distributor | Quasar Distributors |
| Advisor | Aptus Capital Advisors |
Fund Objectives
The Aptus Defined Risk ETF seeks current income and capital appreciation
Fund Documents
Premium Discount Disclaimer
The following Frequency Distribution of Premiums and Discounts chart is provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to their daily net asset value (NAV). The chart represents past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than NAV when those shares are sold because shares are bought and sold at current market prices.