XV

Simplify Target 15 Distribution ETF

$26.45

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Simplify Target 15 Distribution ETF (XV) seeks to provide a consistent level of monthly distributions while preserving capital over the long term.

Overview

ETF tracking Simplify Target 15 Distribution ETF

Category Dividend

Issuer Other

Inception Date 2025-04-15

Market Cap $68.1M

Average Volume N/A

Dividend Yield 7.45%

52-Week Range $24.31 - $27.21

VWAP $26.43

Performance

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Investment Summary

📎 Investment Objective

The Simplify Target 15 Distribution ETF (XV) seeks to provide a consistent level of monthly distributions while preserving capital over the long term.

🎯 Investment Strategy

The fund invests in a diversified portfolio of income-generating assets, including dividend-paying stocks, REITs, and fixed income securities. The target distribution rate is 15% annually, which the fund aims to achieve through a combination of dividend income and capital appreciation.

✨ Key Features

Targets a 15% annual distribution rate
Diversified portfolio of income-generating assets
Seeks to preserve capital over the long term
Actively managed to optimize the risk-return profile

⚠️ Primary Risks

Market risk: The value of the fund's holdings may decline due to general market conditions
Interest rate risk: Changes in interest rates may affect the value of the fund's fixed income investments
Dividend risk: Companies may reduce or eliminate dividends, which could impact the fund's income generation
Liquidity risk: Some of the fund's investments may be difficult to sell at the desired time and price

👤 Best For

The Simplify Target 15 Distribution ETF may be suitable for investors seeking a consistent level of monthly income, while also aiming to preserve capital over the long term. It may be particularly appealing to retirees or those in the distribution phase of their investment journey.