Key stats
About TrueShares Structured Outcome (October) ETF
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Inception date
Sep 30, 2020
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
Truemark Investments LLC
Distributor
Foreside Fund Services LLC
OCTZ uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each October. The fund foregoes some upside return as well as any dividend component because options are written on the price (not total) return version of the index. While aiming to prevent realization of the first 8-12% of the S&P 500 losses, the fund also allows for uncapped upside participation (less cost options), making it unique from other buffer ETFs with a stated cap on potential gains. Beyond the buffer zone, the fund will experience all subsequent losses on a one-to-one basis. Investors who buy at any other time than the annual reset may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. Even if shares are held for the entire outcome period, results may differ. The targeted buffers do not include the expense ratio. The fund is actively managed, resets annually, and utilizes both FLEX and listed options.
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
Government
Cash
Bonds, Cash & Other100.00%
Government68.25%
Cash23.21%
Rights & Warrants8.41%
Mutual fund0.13%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
OCTZ last dividends amounted to 0.49 USD. The year before, the issuer paid 1.09 USD in dividends, which shows a 121.40% decrease.
OCTZ assets under management is 16.85 M USD. It's fallen 50.79% over the last month.
OCTZ fund flows account for 10.45 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, OCTZ pays dividends to its holders with the dividend yield of 1.19%. The last dividend (Dec 30, 2024) amounted to 0.49 USD. The dividends are paid annually.
OCTZ shares are issued by Truemark Group LLC under the brand TrueShares. The ETF was launched on Sep 30, 2020, and its management style is Active.
OCTZ expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
OCTZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
OCTZ invests in bonds.
OCTZ price has risen by 0.41% over the last month, and its yearly performance shows a 15.56% increase. See more dynamics on OCTZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.78% over the last month, showed a 8.91% increase in three-month performance and has increased by 14.72% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.78% over the last month, showed a 8.91% increase in three-month performance and has increased by 14.72% in a year.
OCTZ trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.