AAPY — Kurv Yield Premium Strategy Apple (AAPL) ETF
Kurv Yield Premium Strategy Apple (AAPL) ETF (ticker: AAPY) is a equity ETF issued by Kurv Investment Management LLC tracking ACTIVE - No Index. It was launched on 2023-10-27.
About AAPY
The Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) is an actively managed exchange-traded fund that implements a buy-write strategy on Apple Inc. (AAPL) stock. The fund primarily holds U.S. Treasury Bills and sells call options on AAPL to generate income.
Investors might consider this fund for exposure to a strategy that aims to generate yield from a single-stock options strategy. It offers a way to potentially benefit from AAPL's performance while generating income through options premiums.
- AAPY is an actively managed ETF employing a buy-write strategy on Apple Inc. (AAPL) stock.
- The fund's top holdings include U.S. Treasury Bills and call options on AAPL.
- It holds a total of 10 positions.
- The expense ratio for AAPY is 0.01%.
- The fund was incepted on October 27, 2023, and has $6M in assets under management.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -2.69% |
| 1 Week | -2.07% |
| 1 Month | 1.40% |
| 3 Months | 14.85% |
| 6 Months | 2.01% |
| YTD | 4.71% |
| 1 Year | 26.61% |
| 3 Years | — |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | United States Treasury Bill 11/05/2024 | 912797MA2 | 62.75% |
| 2 | United States Treasury Bill 11/05/2024 | 912797MA2 | 62.75% |
| 3 | United States Treasury Bill 11/05/2024 | 912797MA2 | 62.75% |
| 4 | United States Treasury Bill 11/05/2024 | 912797MA2 | 62.75% |
| 5 | United States Treasury Bill 09/10/2024 | 912797LG0 | 53.75% |
| 6 | United States Treasury Bill 09/10/2024 | 912797LG0 | 53.75% |
| 7 | United States Treasury Bill 01/07/2025 | 912797MW4 | 51.15% |
| 8 | United States Treasury Bill 01/07/2025 | 912797MW4 | 51.15% |
| 9 | United States Treasury Bill 01/07/2025 | 912797MW4 | 51.15% |
| 10 | United States Treasury Bill 09/10/2024 | 912797LG0 | 50.05% |
Fund Profile
| Issuer | Kurv Investment Management LLC |
|---|---|
| Brand | Kurv |
| Asset Class | equity |
| Strategy | Buy-write |
| Structure | ETF |
| Category | Technology Equities |
| Segment | Equity: U.S. Technology Hardware Storage & Peripheral |
| Sector | Broad |
| Region | North America |
| Index Tracked | ACTIVE - No Index |
| Inception Date | 2023-10-27 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | AAPY |
|---|---|
| Full Name | Kurv Yield Premium Strategy Apple (AAPL) ETF |
| Issuer | Kurv Investment Management LLC |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $6.21M |
| Inception | 2023-10-27 |
| Index Tracked | ACTIVE - No Index |
Frequently Asked Questions
What does AAPY track?
AAPY (Kurv Yield Premium Strategy Apple (AAPL) ETF) tracks ACTIVE - No Index, a equity benchmark.
What is the expense ratio of AAPY?
AAPY has an expense ratio of 0.01% per year.
What is the AUM of AAPY?
AAPY has approximately $6.21M in assets under management.
Does AAPY pay a dividend?
AAPY distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues AAPY?
AAPY is issued by Kurv Investment Management LLC under the Kurv brand, launched on 2023-10-27.
Open the interactive AAPY dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.