DUBS

Aptus Large Cap Enhanced Yield ETF

An actively managed ETF that seeks to achieve its objectives principally by investing in a market cap-weighted portfolio of US Large Cap Stocks and US Large Cap ETFs. It then seeks to enhance the portfolio by using an option overlay to help improve total returns and allow for larger distributions through a combination of interest income and return of capital.

Why DUBS?

  • Exposure to a broad range of domestic large cap companies
    • Seeking higher income without the style risks typically associated with higher-yielding equity strategies with the goal of distributing roughly two times that of its underlying beta benchmark (S&P 500 Index)
      • Aims to improve total return through a custom option overlay index that writes out of the money options on a basket of equity and volatility indices and trades daily to seek constant maturity and limit timing risk

      Fund Details

      Current as of 02/09/2026

      Fund Ticker DUBS
      Fund Name Aptus Large Cap Enhanced Yield ETF
      Primary Exchange Cboe
      CUSIP 26922B535
      ISIN US26922B5350
      Net Assets 299,152,430.74
      Expense Ratio 0.41%
      30 Day Median Bid- Ask % 0.23
      Inception Date 6/13/23
      Shares Outstanding 7,825,000.00
      Distributor Quasar Distributors
      Advisor Aptus Capital Advisors

      * The Diversified Equity Volatility Harvesting Index, and its data (collectively, the ‘Index’) are provided ‘AS IS’ and ‘AS AVAILABLE’ without warranty or liability of any kind, whether express or implied, and no copying or distribution is permitted. The Index owner and its third party data providers make no representation or warranty, express or implied, regarding the advisability of investing in any products that utilize the Index, and does not sponsor, promote, issue, sell or otherwise recommend or endorse any products utilizing the Index. The index owner and its third party data providers do not have any obligation to take the needs of the holders of any financial products utilizing the index into consideration in determining, composing or calculating the Index. INDEX OWNER DOES NOT GUARANTEE THE ACCURACY, TIMELINESS, NON-INFRINGEMENT, AND/OR COMPLETENESS OF THE INDEX OR OF THE METHODOLOGY UNDERLYING THE INDEX, THE CALCULATION OF THE INDEX OR ANY DATA SUPPLIED BY IT FOR USE IN CONNECTION WITH ANY PRODUCT THAT UTILIZIES THE INDEX. INDEX OWNER EXPRESSLY DISCLAIMS ALL LIABILITY FOR ANY SPECIAL, PUNITIVE, DIRECT, INDIRECT OR CONSEQUENTIAL DAMAGE EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

      **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 Large Cap Enhanced Yield ETF seeks current income and capital appreciation.

       

      Fund Prices

      Current as of 02/09/2026

      NAV MARKET PRICE
      Net Asset Value 38.23 Closing Price 38.25
      Daily Change $ 0.21 Daily Change $ 0.19
      Daily Change % 0.56 Daily Change % 0.49
      Premium/Discount % 0.06

      Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security.

      Fund Distributions

      EX-DATERECORD
      DATE
      PAYABLE
      DATE
      INCOMESHORT TERM
      CAPITAL GAIN
      LONG TERM
      CAPITAL GAIN
      12/30/2512/30/2512/31/25$0.2104
      09/29/2509/29/2509/30/25$0.1996
      06/27/2506/27/2506/30/25$0.2088
      03/28/2503/28/2503/31/25$0.1584
      12/30/2412/30/2412/31/24$0.2492
      09/27/2409/27/2409/30/24$0.0292
      06/27/2406/28/2406/29/24$0.2004
      03/26/2403/27/2403/28/24$0.1548
      12/27/2312/28/2312/29/23$0.2271
      09/27/2309/28/2309/29/23$0.0776

      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 01/31/2026
      Quarterly
      as 12/31/2025
      NAV % Market % NAV % Market %
      1 Month 1.08 1.11 0.18 0.36
      3 Month 1.8 1.82 3.58 3.65
      1 Year 17.23 17.28 19.09 19.28
      3 Year - - - -
      5 Year - - - -
      YTD 1.08 1.11 19.09 19.28
      Since Inception 61.59 61.79 59.87 60.01
      Since Inception Annualized 19.97 20.03 20.19 20.24

      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.

      DUBS Fund Holdings

      Current as of 02/09/2026

      Stock TickerCusipSecurity NameSharesPriceMarket ValueNotional ValueWeightingsEffective Date
      912797RF6912797RF6United States Treasury Bill 07/09/2026400,000.0098.55394,219.78-0.13%02/11/2026
      BKLC09661T107BNY Mellon US Large Cap Core Equity ETF567,439.00132.3775,111,900.43-25.18%02/11/2026
      RCXTEVHT TRS 010527RCXTEVHT TRS 010527RCXTEVHT TRS 0105272,538,106.00106.2511,673,804.58269,673,762.503.91%02/11/2026
      RCXTEVHT TRS 061627RCXTEVHT TRS 061627RCXTEVHT TRS 06162728,675.00106.2550,989.883,046,718.750.02%02/11/2026
      RCXTEVHT TRS 062527RCXTEVHT TRS 062527RCXTEVHT TRS 062527186,388.00106.2592,218.4319,803,725.000.03%02/11/2026
      SPYM78464A854State Street SPDR Portfolio S&P 500 ETF2,619,763.0081.43213,327,301.09-71.50%02/11/2026
      Cash&OtherCash&OtherCash & Other-2,329,034.211.00-2,329,034.21--0.78%02/11/2026

      Holdings are subject to change without notice.

      The Diversified Equity Volatility Harvesting Series is a rules-based strategy that follows a systematic trading strategy that will add/subtract risk based on proprietary signals.