LLL

Stone Ridge 2050 Longevity Income ETF

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Key stats


Assets under management (AUM)
‪3.60 M‬USD
Fund flows (1Y)
‪3.56 M‬USD
Dividend yield (indicated)
7.50%
Discount/Premium to NAV
0.1%

About Stone Ridge 2050 Longevity Income ETF


Issuer
Stone Ridge Holdings Group LP
Brand
Stone Ridge
Expense ratio
0.50%
Inception date
Sep 16, 2024
Index tracked
No Underlying Index
Management style
Active
LFAI targets monthly distributions of income and principal through the end of 2050, less operating fees. Managing US Treasury securities, a distribution rate is calculated based on the life expectancy of individuals born in 1950. In April 2030, the distribution rate is recalibrated, reducing payouts and rebalancing the portfolio to mitigate interest rate changes. At this time, shareholders turning 80 can choose between Longevity-Linked Distributions through a closed-end fund, offering monthly payments for life up to age 100, or Term Distributions, with monthly payouts continuing through 2050, or a combination of both. Both the Fund and closed-end funds will liquidate by 2050, distributing all assets and ceasing distributions. Distributions are typically on the 3rd business day of each month. A portion of each monthly distribution is considered return capital, reducing the amount for investment and lowering the investor's tax basis in their shares.

Classification


Asset Class
Fixed income
Category
Government, treasury
Focus
Investment grade
Niche
Long-term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 21, 2024
Exposure type
Bonds, Cash & Other
Government
Bonds, Cash & Other100.00%
Government96.28%
Mutual fund3.11%
Cash0.61%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows