Key stats
About EA Series Trust MRBL Enhanced Equity ETF
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Inception date
Jan 22, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
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
Empowered Funds LLC
Distributor
Quasar Distributors LLC
EDGE seeks to deliver up to 125% leveraged exposure to large-cap US equities while enhancing income through a covered call options writing strategy. The fund sells short-term call options to generate additional income, though this caps upside potential during strong market rallies above the strike prices. Additionally, the fund may utilize a synthetic covered call strategy through European-style call options and combos. These options are either exchange-listed, FLEX, or a combination of both. Investments include ETFs, equity securities, and derivatives tied to large-cap indices or ETFs. A collateral portfolio, comprising 30-50% of assets, includes cash, US Treasury securities, and money market instruments. Edges use of leverage magnifies both gains and losses, with performance influenced by market conditions, volatility, and option premiums.
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
Rights & Warrants
Cash
Bonds, Cash & Other100.00%
Rights & Warrants76.20%
Cash23.06%
Mutual fund0.74%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EDGE assets under management is 5.42 M USD. It's risen 2.76% over the last month.
EDGE fund flows account for 5.56 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.
No, EDGE doesn't pay dividends to its holders.
EDGE shares are issued by Empirical Finance LLC under the brand MRBL. The ETF was launched on Jan 22, 2025, and its management style is Active.
EDGE expense ratio is 0.74% meaning you'd have to pay 0.74% of your investment to help manage the fund.
EDGE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EDGE invests in cash.
EDGE trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.