Key stats
About Overlay Shares Short Term Bond ETF
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Inception date
Jan 14, 2021
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
Liquid Strategies LLC
Distributor
Foreside Fund Services LLC
OVT holds ETFs that provide broad exposure to US short-term, investment-grade fixed income securities. The fund adviser also constructs a bullish strategy on the S&P 500 by selling short put options at a strike below the level of the index and buying an equal amount put options below the strike price of the short put options. The Adviser bases allocation decisions on a combination of quantitative risk metrics and a qualitative assessment of potential risk/reward scenarios. The overall goal is to maintain diversification of the portfolio while mitigating the effects of volatility. There is no guarantee the adviser will be successful.
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%
ETF99.59%
Cash0.49%
Mutual fund0.02%
Rights & Warrants−0.09%
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
OVT invests in funds. The fund's major sectors are ETF, with 99.59% stocks, and Mutual fund, with 0.02% of the basket. The assets are mostly located in the North America region.
OVT last dividends amounted to 0.37 USD. The year before, the issuer paid 0.30 USD in dividends, which shows a 19.84% increase.
OVT assets under management is 49.39 M USD. It's fallen 0.18% over the last month.
OVT fund flows account for 6.55 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, OVT pays dividends to its holders with the dividend yield of 6.15%. The last dividend (Apr 4, 2025) amounted to 0.37 USD. The dividends are paid annually.
OVT shares are issued by Liquid Strategies LLC under the brand Overlay Shares. The ETF was launched on Jan 14, 2021, and its management style is Active.
OVT expense ratio is 0.80% meaning you'd have to pay 0.80% of your investment to help manage the fund.
OVT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
OVT invests in funds.
OVT price has risen by 2.02% over the last month, and its yearly performance shows a −0.12% decrease. See more dynamics on OVT price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.44% increase in three-month performance and has increased by 6.16% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.44% increase in three-month performance and has increased by 6.16% in a year.
OVT trades at a premium (0.18%) meaning the ETF is trading at a higher price than the calculated NAV.