Fund Details
As of 6/2/2023
| Ticker | FIVR |
| CUSIP | 86280R852 |
| Inception | 12/28/2021 |
| Exchange | NASDAQ |
| Gross Expense Ratio | 0.90% |
| Net Expense Ratio* | 0.88% |
| Portfolio Manager | David Miller |
*The advisor has contractually agreed to reduce its fees and/or reimburse the Fund’s expenses (but excluding (i) acquired fund fees and expenses; (ii) brokerage commissions and trading costs; (iii) interest (including borrowing costs and overdraft charges), (iv) taxes, (v) short sale dividends and interest expenses, (vi) expense incurred in connection with the Fund’s compliance with the liquidity requirements of Rule 22e-4 under the Investment Company Act of 1940 and the Investment Company Reporting Modernization Rules; and (vii) non-routine extraordinary expenses, such as regulatory inquiry and litigation expenses) in order to limit Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement to 0.71% of the Fund’s average annual daily net assets until August 31, 2023.
Fund Description and Objective
The Strategy Shares Nasdaq 5HANDL™ Index ETF (FIVR) is a target distribution ETF designed to seek investment results that correlate generally, before fees and expenses, to the price and yield performance of the Nasdaq 5HANDL™ Index.
The index consists of ETFs that are split into two equally weighted categories, a Core Portfolio and a Dorsey Wright Explore Portfolio. The Core Portfolio consists of a 70% allocation to U.S. aggregate fixed-income ETFs and a 30% allocation to U.S. large cap equity ETFs. The Dorsey Wright Explore Portfolio consists of an allocation to ETFs in various U.S. asset categories that have historically provided high levels of income, using a tactical asset allocation methodology developed in consultation with Nasdaq Dorsey Wright Investment Research & Analysis that seeks to incorporate momentum, yield and risk.
The Nasdaq 5HANDL ETF has adopted a policy to pay monthly distributions on Fund shares at a target rate that represents an annualized payout of approximately 5.0% on the Fund’s per-share net asset value on the date of a distribution’s declaration. All or a portion of a distribution may consist of a return of capital from the original investment and the distribution rate may be modified at any time.
Daily NAV and Market Price
As of
|
Ticker – |
Exchange XNMS |
NAV2 |
Market Price3 – |
| Shares Outstanding | 100000.00 | Total Net Assets | 2108955.53 |
|---|---|---|---|
| Median Bid/Ask Spread (30 Day)1 | – | Premium Discount (%) |
130-Day Median Bid/Ask Percentage Spread Calculation: Based on Rule 6c-11(c)(1)(v), to calculate the median bid-ask spread the fund, (i) identifies the ETF’s NBBO as of the end of each 10-second interval during each trading day of the last 30 calendar days; (ii) divides the difference between each such bid and offer by the midpoint of the NBBO; and (iii) identify the median of those values.
2Net asset value” or “NAV” is determined by adding up the value of all the assets in the fund, including assets and cash, subtracting any liabilities, and then dividing that value by the number of outstanding shares in the ETF.
3Market Price is defined as the official closing price of the ETF share.
FIVR Performance
Cumulative (%) as of 12/31/2021 (1 YR or Less)
| FIVR | YTD | 1M | 3M | 6M | 1 Yr | 3 Yrs | 5 Yrs | Since Inception – Cumulative |
| NAV | 5.10 | 0.94 | 0.55 | 6.28 | -6.33 | -8.26 | ||
| Market Price | 5.25 | 0.99 | 0.92 | 5.96 | -6.90 | -8.34 |
The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the ETF shares will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Performance data current to the most recent month end may be obtained by callying 855-HSS-ETFS. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market returns are based on the composite closing price and do not represent the returns you would receive if you traded the shares at other times. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date.
Download All Holdings| HoldingName | Ticker | MarketValue% | MarketValue | SharesQuantity | NotionalValue% | NotionalValue |
|---|---|---|---|---|---|---|
| CASH AND CASH EQUIVALENTS | 0.695119% | 14610.68 | 14610.68 | 0.695119% | 14610.68 | |
| ALERIAN MLP ETF | AMLP | 7.558778% | 158877.60 | 4116.0000 | 7.558778% | 158877.60 |
| DIMENSIONAL CORE FIXED IN | DFCF US | 1.884052% | 39600.80 | 944.0000 | 1.884052% | 39600.80 |
| FIDELITY MSCI UTILITIES I | FUTY US | 6.681665% | 140441.60 | 3328.0000 | 6.681665% | 140441.60 |
| GLOBAL X US PREFERRED ETF | PFFD US | 4.440312% | 93330.72 | 4728.0000 | 4.440312% | 93330.72 |
| INVESCO QQQ TRUST SERIES | QQQ US | 8.233959% | 173069.20 | 488.0000 | 8.233959% | 173069.20 |
| INVESCO TAXABLE MUNICIPAL | BAB US | 1.255250% | 26384.04 | 996.0000 | 1.255250% | 26384.04 |
| ISHARES BROAD USD HIGH YI | USHY US | 2.525831% | 53090.32 | 1516.0000 | 2.525831% | 53090.32 |
| ISHARES CORE S&P 500 ETF | IVV US | 2.535519% | 53293.96 | 124.0000 | 2.535519% | 53293.96 |
| ISHARES CORE U.S. AGGREGA | AGG US | 11.442847% | 240516.68 | 2452.0000 | 11.442847% | 240516.68 |
| ISHARES MBS ETF | MBB US | 0.621839% | 13070.40 | 140.0000 | 0.621839% | 13070.40 |
| JPMORGAN EQUITY PREMIUM I | JEPI US | 5.649381% | 118744.08 | 2184.0000 | 5.649381% | 118744.08 |
| SCHWAB U.S. AGGREGATE BON | SCHZ US | 11.428573% | 240216.64 | 5204.0000 | 11.428573% | 240216.64 |
| SCHWAB U.S. REIT ETF | SCHH US | 3.768524% | 79210.44 | 4132.0000 | 3.768524% | 79210.44 |
| SCHWAB US LARGE-CAP ETF | SCHX | 2.578130% | 54189.60 | 1072.0000 | 2.578130% | 54189.60 |
| VANGUARD DIVIDEND APPRECI | VIG | 6.374915% | 133994.04 | 852.0000 | 6.374915% | 133994.04 |
| VANGUARD INTERMEDIATE-TER | VCIT | 3.126687% | 65719.68 | 832.0000 | 3.126687% | 65719.68 |
| VANGUARD S&P 500 ETF | VOO US | 2.544530% | 53483.36 | 136.0000 | 2.544530% | 53483.36 |
| VANGUARD TOTAL BOND MARKE | BND US | 11.432211% | 240293.12 | 3308.0000 | 11.432211% | 240293.12 |
| WISDOMTREE US EFFICIENT C | NTSX US | 5.221877% | 109758.40 | 3032.0000 | 5.221877% | 109758.40 |
Monthly Distribution History
* A portion of the distribution consists of a return of capital.
See Distribution Calendar 
Get Distributions in Your Inbox| Amount per Share | Calculation NAV | Declaration Date | Ex-Date | Record Date | Payable Date | Available Notice |
| $0.087292* | $20.95 | 05/10/2023 | 05/11/2023 | 05/12/2023 | 05/15/2023 |  |
| $0.088167* | $21.16 | 04/13/2023 | 04/14/2023 | 04/17/2023 | 04/18/2023 | |
| $0.085500* | $20.52 | 03/10/2023 | 03/13/2023 | 03/14/2023 | 03/15/2023 | |
| $0.088125* | $21.15 | 02/10/2023 | 02/13/2023 | 02/14/2023 | 02/15/2023 | |
| $0.088209* | $21.17 | 01/12/2023 | 01/13/2023 | 01/17/2023 | 01/18/2023 | |
| $0.087167* | $20.92 | 12/12/2022 | 12/13/2022 | 12/14/2022 | 12/15/2022 | |
| $0.084584* | $20.30 | 11/9/2022 | 11/10/2022 | 11/14/2022 | 11/15/2022 | |
| $0.082584* | $19.82 | 10/12/2022 | 10/13/2022 | 10/16/2022 | 10/17/2022 | |
| $0.091167* | $21.88 | 09/13/2022 | 09/14/2022 | 09/15/2022 | 09/16/2022 | |
| $0.092500* | $22.20 | 08/10/2022 | 08/11/2022 | 08/12/2022 | 08/15/2022 | |
| $0.088417* | $21.22 | 07/13/2022 | 07/14/2022 | 07/15/2022 | 07/18/2022 | |
| $0.091584* | $21.98 | 06/10/2022 | 06/13/2022 | 06/14/2022 | 06/15/2022 | |
| $0.090834* | $21.80 | 05/11/2022 | 05/12/2022 | 05/13/2022 | 05/16/2022 | |
| $0.096459* | $23.15 | 04/12/2022 | 04/13/2022 | 04/14/2022 | 04/18/2022 | |
| $0.097291* | $23.35 | 03/10/2022 | 03/11/2022 | 03/14/2022 | 03/15/2022 | |
| $0.100626* | $24.15 | 02/10/2022 | 02/11/2022 | 02/14/2022 | 02/15/2022 | |
| $0.103292* | $24.74 | 01/12/2022 | 01/13/2022 | 01/14/2022 | 01/18/2022 | |
Calculation NAV is the closing NAV prior to the Declaration Date that is used to calculate the 5.00% annualized target distribution.
All or a portion of a distribution may consist of a return of capital. Shareholders should not assume that the source of a distribution from the Fund is net profit. Shareholders should note that return of capital will reduce the tax basis of their shares and potentially increase the taxable gain, if any, upon disposition of their shares.
Disclosures
Shareholders should not assume that the source of a distribution from the Fund is net profit. Shareholders should note that return of capital will reduce the tax basis of their shares and potentially increase the taxable gain, if any, upon disposition of their shares.
Shares of this ETF are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns.
For more complete information on Strategy Shares, download and view a prospectus or summary prospectus now or call (855) 477-3837 for a free prospectus or summary prospectus. You should consider the fund’s investment objectives, risks, charges, and expenses carefully before you invest. Information about these and other important subjects is in the fund’s prospectus or summary prospectus, which you should read carefully before investing. Investing involves risk, including loss of principal. There is no guarantee that this, or any investment strategy, will succeed. Shares of these ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns.
Investment in a fund of funds is subject to the risks and expenses of the underlying funds. Diversification and asset allocation may not protect against market risk or loss of principal. The Fund’s exposure to equity ETFs subjects it to market risk. Investments in bonds are subject to credit risk, call risk and interest rate risk so that as interest rates rise the value of bond prices will decline. Credit risk refers to the possibility that the issuer of the bond will not be able to repay the principal and make interest payments.
The Index’s exposure to the Explore Component consists of ETFs that invest in a number of categories some of which are subject to higher risks such as derivatives, (options) which may amplify risks and create volatility; high yield debt (also known as junk bonds) without limit to maturity, duration or credit quality; Master Limited Partnerships (MLPs – affected by issues of the general partner); Real Estate Investment Trusts and Mortgage-Backed Securities (REITS and MBS – affected by economic factors related to the real estate industry and credit risks). While the Fund may hold securities of companies that have historically paid a dividend, those companies may reduce or discontinue their dividends, Past dividend payments are not a guarantee of future dividend payments.
The Fund is passively-managed meaning it seeks to track the performance of its index by holding all, or a sampling, of the ETFs and securities of that index and may not be able to exactly replicate the index’s performance. Tracking error also may result because the Fund incurs fees and expenses, while the Index does not.
HANDLS™ and HANDL™ are trademarks of Bryant Avenue Ventures LLC and have been licensed for use by Rational Advisors, Inc. Shareholders should not assume that the source of a distribution from the Fund is net profit. Shareholders should note that return of capital will reduce the tax basis of their shares and potentially increase the taxable gain, if any, upon disposition of their shares.
The Strategy Shares are distributed by Foreside Fund Services, LLC, which is not affiliated with Rational Advisors, Inc., or any of its affiliates.