NASDAQ:MAXI

Simplify Bitcoin Strategy PLUS Income ETF (MAXI) Price, Holdings, & News

$27.16
-0.54 (-1.95%)
(As of 04/26/2024 06:55 PM ET)
Today's Range
$26.99
$27.75
50-Day Range
$23.00
$32.37
52-Week Range
$14.40
$32.41
Volume
14,100 shs
Average Volume
40,465 shs
Market Capitalization
$20.10 million
Assets Under Management
$20.42 million
Dividend Yield
21.47%
Net Expense Ratio
11.18%

About Simplify Bitcoin Strategy PLUS Income ETF

The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund is actively managed, aiming to provide capital appreciation and income. The fund holds long Bitcoin futures, short-term debt instruments, and near-term equity index put or call spreads MAXI was launched on Sep 29, 2022 and is managed by Simplify.

MAXI Stock Price History

MAXI ETF News Headlines

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Fund Details

Issuer
Simplify Asset Management
Fund Name
Simplify Bitcoin Strategy PLUS Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:MAXI
Inception Date
9/29/2022
Fund Manager
Paul Kim, David Berns, Michael Green
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Multi Asset
Benchmark
N/A
Category
Alternative Currency
Focus
Cryptocurrency
Development Level
Blended Development
Region
Global
Number of Holdings
23

Fund Statistics

Assets Under Management
$20.42 million
Average Daily Volume
$0.00
Discount/Premium
0.11%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
Simplify Asset Management Inc.
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Financial Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
1
Put Options
1
Call Options
1

Miscellaneous

Beta
-4.61
Creation Unit
10,000
Creation Fee
$500.00
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Simplify Bitcoin Strategy PLUS Income ETF Expenses

TypeMAXICryptocurrency ETFsMulti Asset ETFsNASDAQ ETFsAll ETFs
Management Fee0.85%0.75%0.69%0.48%0.51%
Other Expenses10.33%1.09%0.79%0.34%0.58%
Total Expense11.18%1.17%1.21%0.58%0.70%
Fee Waiver0.00%-0.23%-0.69%-0.22%-0.57%
Net Expense11.18%1.35%0.94%0.54%0.58%

Simplify Bitcoin Strategy PLUS Income ETF (MAXI) Holdings

Top 10 MAXI Holdings

  • CME Bitcoin Fut May24
    Holding Weight: 102.33%
  • B 07/05/24 Govt
    Holding Weight: 52.51%
  • B 05/28/24 Govt
    Holding Weight: 19.74%
  • B 04/30/24 Govt
    Holding Weight: 12.39%
  • B 06/25/24 Govt
    Holding Weight: 5.90%
  • Pathward Financial(NASDAQ:CASH)
    Holding Weight: 5.33%
  • B 08/13/24 Govt
    Holding Weight: 4.88%
  • SPXW US 05/10/24 P4540 Index
    Holding Weight: 0.05%
  • IWM US 05/03/24 C216 Equity
    Holding Weight: 0.02%
  • IWM US 05/10/24 C221 Equity
    Holding Weight: 0.02%

MAXI ETF - Frequently Asked Questions

How have MAXI shares performed in 2024?

Simplify Bitcoin Strategy PLUS Income ETF's stock was trading at $19.17 at the start of the year. Since then, MAXI stock has increased by 41.7% and is now trading at $27.16.
View the best growth stocks for 2024 here
.

Are investors shorting Simplify Bitcoin Strategy PLUS Income ETF?

Simplify Bitcoin Strategy PLUS Income ETF saw a increase in short interest in April. As of April 15th, there was short interest totaling 16,200 shares, an increase of 1,372.7% from the March 31st total of 1,100 shares. Based on an average trading volume of 43,500 shares, the short-interest ratio is presently 0.4 days.
View Simplify Bitcoin Strategy PLUS Income ETF's Short Interest
.

How often does Simplify Bitcoin Strategy PLUS Income ETF pay dividends? What is the dividend yield for Simplify Bitcoin Strategy PLUS Income ETF?

Simplify Bitcoin Strategy PLUS Income ETF announced a monthly dividend on Wednesday, April 24th. Shareholders of record on Friday, April 26th will be given a dividend of $0.15 per share on Tuesday, April 30th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.63%. The ex-dividend date is Thursday, April 25th.
Read our dividend analysis for MAXI
.

What does MAXI invest in?

Simplify Bitcoin Strategy PLUS Income ETF is a multi asset fund issued by Simplify Asset Management. MAXI focuses on cryptocurrency investments. The fund's investments total to approximately $20.42 million assets under management.

What is the management fee for Simplify Bitcoin Strategy PLUS Income ETF?

Simplify Bitcoin Strategy PLUS Income ETF's management fee is 0.85% and has other expenses of 10.33%. The net expense ratio for MAXI is 11.18%.

Who are Simplify Bitcoin Strategy PLUS Income ETF's major shareholders?

Simplify Bitcoin Strategy PLUS Income ETF's stock is owned by a variety of retail and institutional investors. Top institutional investors include Cambridge Advisors Inc. (1.57%).

How do I buy shares of Simplify Bitcoin Strategy PLUS Income ETF?

Shares of MAXI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MAXI) was last updated on 4/29/2024 by MarketBeat.com Staff

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