STXE

Strive Emerging Markets Ex-China ETF

Fund Objective
STXE is a passively managed Exchange Traded Fund (ETF) that seeks exposure to large- and mid-capitalization equity securities across 24 emerging market economies, excluding China. 

Fund Description
STXE offers exposure to emerging markets without China risk through a cost efficient index product. Through Corporate Governance practices, including voting proxy shares and proactively engaging with management teams and boards, Strive aims to unlock value across all corporations in STXE’s portfolio by mandating companies to focus on excellence.

Fund Data & Pricing
Net Assets as of 10/10/2023 $119.11m
NAV $24.81
Shares Outstanding 4,800,000
Premium/discount Percentage 0.85%
Closing Price $25.03
Median 30 Day Spread 0.44%

Data as of 10/10/2023

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund's NAV every fifteen seconds throughout the trading day.

Median 30 Day Spread is a calculation of Fund's median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

The Fund expects to declare and to distribute its net investment income, if any, to shareholders as dividends quarterly. The amount of any distribution will vary, and there is no guarantee the Fund will pay either an income dividend or a capital gains distribution.

Fund Information
Inception Date 01/31/2023
Primary Exchange NYSE
Ticker STXE
CUSIP 02072L698
IOPV Symbol STXE.IV
NAV Symbol STXE.NV
Expense Ratio 0.32%
30 Day SEC Yield * 2.53%

*As of 09/30/2023

Performance Quarter end returns as of 09/30/2023
  Avg. Annualized  
Quarter 1 Year 3 Year Since Inception
NAV -2.85% - - 0.83%
Market Price -4.37% - - 0.49%
Benchmark Index -2.32% - - 1.27%

Expense ratio: 0.32%

Inception Date: 01/31/2023

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 855-427-7360. Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

 

Distribution Detail
EX- Date Record Date Income Payable Date
09/27/2023 09/28/2023 0.21725166 09/29/2023
06/28/2023 06/29/2023 0.08266322 06/30/2023
TOP 10 HOLDINGS
% Of Net Assets Name Ticker CUSIP Shares Held Market Value
7.27% TAIWAN SEMICON MAN 2330 TT 6889106 525,309 8,665,025.05
4.41% SAMSUNG ELECTRONIC 005930 KS 6771720 106,720 5,250,598.70
3.96% SAUDI ARABIAN OIL ARAMCO AB BJTM270 519,692 4,710,869.15
1.89% HDFC BANK HDFCB IN BK1N461 123,203 2,256,548.14
1.70% INTL HOLD COMPANYF IHC UH B1K9VV1 18,525 2,019,918.73
1.34% RELIANCE INDS RIL IN 6099626 57,651 1,598,505.39
1.26% AL RAJHI BANK RJHI AB B12LZH9 86,197 1,496,060.76
1.21% ICICI BANK ICICIBC IN BSZ2BY7 125,864 1,438,035.37
0.92% INFOSYS LTD INFO IN 6205122 61,139 1,097,992.29
0.79% SK HYNIX INC 000660 KS 6450267 10,617 940,079.65

Data as of 10/11/2023. Holdings are subject to change.