NYSEARCA:MPAY

Akros Monthly Payout ETF (MPAY) Price, Holdings, & News

$23.30
-0.21 (-0.89%)
(As of 10:56 AM ET)
Today's Range
$23.30
$23.37
50-Day Range
$23.08
$24.56
52-Week Range
$20.91
$24.75
Volume
1,613 shs
Average Volume
332 shs
Market Capitalization
$1.86 million
Assets Under Management
$1.88 million
Dividend Yield
4.55%
Net Expense Ratio
0.59%

About Akros Monthly Payout ETF

The Akros Monthly Payout ETF (MPAY) is an exchange-traded fund that is based on the Akros Multi-Asset index. The fund is a passively managed, fund-of-funds representing a balanced portfolio of global equities, fixed income securities, and alternative investments which aims to provide monthly distributions. MPAY was launched on May 5, 2022 and is managed by Akros.

MPAY Stock Price History

MPAY ETF News Headlines

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Exposed: 10 CENT Crypto to Explode April 20th?
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Akros Monthly Payout ETF (MPAY)
See More Headlines
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Fund Details

Issuer
Exchange Traded Concepts
Fund Name
Akros Monthly Payout ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:MPAY
Inception Date
5/5/2022
Fund Manager
Andrew Serowik, Todd Alberico, Gabriel Tan
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Multi Asset
Benchmark
Akros Multi-Asset Index
Category
Asset Allocation
Focus
Target Outcome
Development Level
Blended Development
Region
North America
Number of Holdings
53

Fund Statistics

Assets Under Management
$1.88 million
Average Daily Volume
$0.00
Discount/Premium
-0.04%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
Exchange Traded Concepts, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
GTS

Miscellaneous

Beta
-0.49
Creation Fee
$500.00
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Akros Monthly Payout ETF Expenses

TypeMPAYTarget Outcome ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.68%0.69%0.50%0.51%
Other Expenses0.09%1.01%0.79%0.64%0.58%
Total Expense0.84%1.36%1.21%0.74%0.70%
Fee Waiver-0.25%-1.16%-0.69%-0.68%-0.57%
Net Expense0.59%0.91%0.94%0.57%0.58%

Akros Monthly Payout ETF (MPAY) Holdings & Exposure

MPAY Sector Exposure

MPAY Industry Exposure


MPAY ETF - Frequently Asked Questions

How have MPAY shares performed in 2024?

Akros Monthly Payout ETF's stock was trading at $23.02 at the beginning of 2024. Since then, MPAY shares have increased by 1.2% and is now trading at $23.30.
View the best growth stocks for 2024 here
.

How often does Akros Monthly Payout ETF pay dividends? What is the dividend yield for Akros Monthly Payout ETF?

Akros Monthly Payout ETF declared a dividend on Monday, July 3rd. Investors of record on Thursday, July 6th will be given a dividend of $0.1322 per share on Monday, July 10th. The ex-dividend date is Wednesday, July 5th.
Read our dividend analysis for MPAY
.

What does MPAY invest in?

Akros Monthly Payout ETF is a multi asset fund issued by Exchange Traded Concepts. MPAY focuses on target outcome investments and follows the Akros Multi-Asset Index. The fund's investments total to approximately $1.88 million assets under management.

What stocks does Akros Monthly Payout ETF hold?
What is the management fee for Akros Monthly Payout ETF?

Akros Monthly Payout ETF's management fee is 0.75% and has other expenses of 0.09%. However, MPAY has a fee waiver of -0.25% to reimburse the expenses. The net expense ratio for MPAY is 0.59%.

How do I buy shares of Akros Monthly Payout ETF?

Shares of MPAY 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 (NYSEARCA:MPAY) was last updated on 4/24/2024 by MarketBeat.com Staff

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