Key stats
About AdvisorShares STAR Global Buy-Write ETF
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Inception date
Sep 17, 2012
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AdvisorShares Investments LLC
Distributor
Foreside Fund Services LLC
VEGA is a fund-of-funds that invests globally and uses a well-known options strategy applied across asset classes in its aim for consistent returns in up or down markets. ETPs are selected based on size, historical track record, diversification among indices, the correlation of an index to other indices and an ability to write covered call options. Individual securities are screened using fundamental, behavior, qualitative and macro-economic data. Covered-call strategies have been available to ETP investors for years, but VEGA, launched in September 2012, offers some new twists. First, it covers a broader range of assets including emerging market equities as well as T-bonds and metals. VEGA also buys out-of-the-money protective puts on some underlying assets. This strategy earns income from the option premiums while forgoing some upside and hedging some downside. Investors should note that covered calls don`t do well when the underlying roars up.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF98.12%
Mutual fund1.90%
Rights & Warrants0.05%
Cash−0.06%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
VEGA top holdings are SPDR S&P 500 ETF Trust and iShares Core Total USD Bond Market ETF, occupying 40.44% and 17.74% of the portfolio correspondingly.
VEGA last dividends amounted to 0.45 USD. The year before, the issuer paid 0.44 USD in dividends, which shows a 1.54% increase.
VEGA assets under management is 64.32 M USD. It's risen 1.89% over the last month.
VEGA fund flows account for −1.49 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, VEGA pays dividends to its holders with the dividend yield of 1.00%. The last dividend (Dec 30, 2024) amounted to 0.45 USD. The dividends are paid annually.
VEGA shares are issued by Wilson Lane Group LLC under the brand AdvisorShares. The ETF was launched on Sep 17, 2012, and its management style is Active.
VEGA expense ratio is 1.36% meaning you'd have to pay 1.36% of your investment to help manage the fund.
VEGA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
VEGA invests in funds.
VEGA price has risen by 0.04% over the last month, and its yearly performance shows a 6.21% increase. See more dynamics on VEGA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.35% over the last month, showed a 3.56% increase in three-month performance and has increased by 7.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.35% over the last month, showed a 3.56% increase in three-month performance and has increased by 7.78% in a year.
VEGA trades at a premium (0.45%) meaning the ETF is trading at a higher price than the calculated NAV.