DRSK
Aptus Defined Risk ETF
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 Details
Current as of 09/29/2023
| Fund Ticker | DRSK |
| Fund Name | Aptus Defined Risk ETF |
| Primary Exchange | Cboe |
| CUSIP | 26922A388 |
| ISIN | US26922A3885 |
| Net Assets | 401,755,182.74 |
| Expense Ratio | 0.79% |
| 30 Day Median Bid- Ask % | 0.12 |
| Inception Date | 08/07/2018 |
| Shares Outstanding | 17,250,000.00 |
| Distributor | Quasar Distributors |
| Advisor | Aptus Capital Advisors |
*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.
Fund Objectives
The Aptus Defined Risk ETF seeks current income and capital appreciation.
Fund Prices
Current as of 09/29/2023
| NAV | MARKET PRICE | ||
| Net Asset Value | 23.29 | Closing Price | 23.31 |
| Daily Change $ | -0.05 | Daily Change $ | 0.01 |
| Daily Change % | -0.22 | Daily Change % | 0.04 |
| Premium/Discount % | 0.09 |
Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security.
Fund Distributions
| EX-DATE | RECORD DATE | PAYABLE DATE | INCOME | SHORT TERM CAPITAL GAIN | LONG TERM CAPITAL GAIN |
|---|---|---|---|---|---|
| 09/27/23 | 09/28/23 | 09/29/23 | $0.2493 | ||
| 06/28/23 | 06/29/23 | 06/30/23 | $0.2278 | ||
| 03/29/23 | 03/30/23 | 03/31/23 | $0.1338 | ||
| 12/28/22 | 12/29/22 | 12/30/22 | $0.2548 | ||
| 09/13/22 | 09/14/22 | 09/15/22 | $0.1605 | ||
| 06/14/22 | 06/15/22 | 06/16/22 | $0.0651 | ||
| 03/16/22 | 03/17/22 | 03/17/22 | $0.0128 | ||
| 12/29/21 | 12/30/21 | 12/31/21 | $0.0842 | ||
| 11/17/21 | 11/18/21 | 11/19/21 | $0 | $0.4405 | $0.0937 |
| 09/14/21 | 9/15/21 | 9/16/21 | $0.0565 | ||
| 06/15/21 | 6/16/21 | 6/17/21 | $0.0441 | ||
| 03/16/21 | 3/17/21 | 3/18/21 | $0.0426 | ||
| 12/29/20 | 12/30/20 | 12/31/20 | $0.1136 | ||
| 11/18/20 | 11/19/20 | 11/20/20 | $0 | $1.1350 | $0.1750 |
| 09/14/20 | 9/15/20 | 9/17/20 | $0.1130 | ||
| 06/16/20 | 6/17/20 | 6/18/20 | $0.0630 | ||
| 03/17/20 | 3/18/20 | 3/19/20 | $0.0710 | ||
| 12/30/19 | 12/31/19 | 1/2/20 | $0.1136 | $0.3154 | |
| 09/17/19 | 9/18/19 | 9/19/19 | $0.0978 | ||
| 06/11/19 | 6/12/19 | 6/13/19 | $0.1347 | ||
| 03/12/19 | 3/13/19 | 3/14/19 | $0.0840 | ||
| 12/28/18 | 12/31/18 | 1/02/19 | $0.1451 | $0.47 | |
| 09/18/18 | 9/19/18 | 9/20/18 | $0.0382 |
This fund is expected to pay at least one more distribution before year end. The figures represent estimates and are subject to change based on portfolio, market, and shareholder activity and tax adjustments. Actual distributions will be based on shares outstanding as of the record date. The net asset value of a fund with a distribution will drop on the ex-date by the amount of the distribution. Keep in mind that market conditions, portfolio changes and/or changes in outstanding fund shares could affect these estimates substantially. This information is NOT FINAL and is subject to change until the ex-dividend date. All data subject to change. Actual distributions will be posted on the aptusetfs.com site after each fund’s ex-dividend date. Aptus does not provide tax, accounting or legal advice. Any tax statements contained herein were not intended or written to be used, and cannot be used for the purpose of avoiding U.S., federal, state or local tax penalties. Clients should consult their advisor as to any tax, accounting or legal statements made herein. Specific questions regarding your clients’ personal income tax situation should be referred to a tax advisor.
Fund Performance
| Monthly as of 08/31/2023 |
Quarterly as 08/31/2023 |
|||
| NAV % | Market % | NAV % | Market % | |
| 1 Month | -2.31 | -2.25 | -2.31 | -2.25 |
| 3 Month | -0.37 | -0.33 | -0.37 | -0.33 |
| 1 Year | -4.05 | -4.14 | -4.05 | -4.14 |
| 3 Year | -4.09 | -4.22 | -4.09 | -4.22 |
| 5 Year | 3.13 | 3.1 | 3.13 | 3.1 |
| YTD | -2.08 | -2.05 | -2.08 | -2.05 |
| Since Inception | 17.42 | 17.37 | 17.42 | 17.37 |
| Since Inception Annualized | 3.22 | 3.21 | 3.22 | 3.21 |
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.
Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.
NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.
DRSK Fund Holdings
Current as of 09/29/2023
| Stock Ticker | Cusip | Security Desc | Shares | Price | Market Value | Weightings | Effective Date |
|---|---|---|---|---|---|---|---|
| ABT 240216C00105000 | ABT 240216C00105000 | ABBOTT L CLL OPT 02/24 105 | 7,000.00 | 2.68 | 1,876,000.00 | 0.47% | 10/02/2023 |
| BSCP | 46138J825 | INVESCO EXCH TRD SLF IDX FD TR BULSHS 2025 CB | 2,313,826.00 | 20.11 | 46,531,040.86 | 11.58% | 10/02/2023 |
| BSCQ | 46138J791 | INVESCO EXCH TRD SLF IDX FD TR BULSHS 2026 CB | 2,798,271.00 | 18.79 | 52,566,360.22 | 13.08% | 10/02/2023 |
| BSCS | 46138J643 | INVESCO EXCH TRD SLF IDX FD TR INVSCO BLSH 28 | 644,212.00 | 19.37 | 12,475,165.38 | 3.11% | 10/02/2023 |
| BSCT | 46138J577 | INVESCO EXCH TRD SLF IDX FD TR BULETSHS 2029 | 707,748.00 | 17.53 | 12,403,283.70 | 3.09% | 10/02/2023 |
| BSCU | 46138J460 | INVESCO EXCH TRD SLF IDX FD TR INVSCO 30 CORP | 1,583,325.00 | 15.58 | 24,668,203.50 | 6.14% | 10/02/2023 |
| BSCV | 46138J429 | INVESCO EXCH TRD SLF IDX FD TR BULETSHS 2031 CP | 1,074,209.00 | 15.25 | 16,381,687.25 | 4.08% | 10/02/2023 |
| IBDS | 46435UAA9 | ISHARES TR IBONDS 27 ETF | 1,086,791.00 | 23.07 | 25,067,066.99 | 6.24% | 10/02/2023 |
| IBDT | 46435U515 | ISHARES TR IBDS DEC28 ETF | 2,536,519.00 | 23.94 | 60,734,421.08 | 15.12% | 10/02/2023 |
| IBDU | 46436E205 | ISHARES TR IBONDS DEC 29 | 1,578,292.00 | 21.82 | 34,434,903.39 | 8.57% | 10/02/2023 |
| IBDV | 46436E726 | ISHARES TR IBONDS DEC 2030 | 1,247,368.00 | 20.31 | 25,330,087.43 | 6.30% | 10/02/2023 |
| IBDW | 46436E486 | ISHARES TR IBONDS DEC 2031 | 1,910,096.00 | 19.31 | 36,875,486.30 | 9.18% | 10/02/2023 |
| IBDX | 46436E312 | ISHARES TR IBONDS DEC 2032 | 1,397,819.00 | 23.38 | 32,680,770.59 | 8.13% | 10/02/2023 |
| META 240119C00340000 | META 240119C00340000 | META US 01/19/24 C340 | 1,600.00 | 12.23 | 1,956,000.00 | 0.49% | 10/02/2023 |
| SPX 240315C04500000 | SPX 240315C04500000 | SPX US 03/15/24 C4500 | 520.00 | 113.75 | 5,915,000.00 | 1.47% | 10/02/2023 |
| SPXW 231130P04200000 | SPXW 231130P04200000 | SPXW US 11/30/23 P4200 | 250.00 | 68.35 | 1,708,750.00 | 0.43% | 10/02/2023 |
| TLT 231215C00125000 | TLT 231215C00125000 | TLT US 12/15/23 C125 | 15,000.00 | 0.02 | 30,000.00 | 0.01% | 10/02/2023 |
| TLT 231215C00135000 | TLT 231215C00135000 | TLT US 12/15/23 C135 | -15,000.00 | 0.02 | -30,000.00 | -0.01% | 10/02/2023 |
| Cash&Other | Cash&Other | Cash & Other | 10,139,157.79 | 1.00 | 10,139,157.79 | 2.52% | 10/02/2023 |
Holdings are subject to change without notice.