BATS · Active · options-income

Kurv Enhanced Short Maturity ETF

Kurv Investment Management LLC

Weighted score · 3.10 / 5

AUM

assets under mgmt

Avg Volume

shares · daily

Distribution

· — ROC

Expense Ratio

0.45% gross

1Y Return

vs underlying

Sharpe

Max DD -0.1%

The Kurv Enhanced Short Maturity ETF seeks to provide current income..

The Fund is an actively managed ETF employing two income strategies: (1) an interest income strategy investing in a diversified portfolio of short-duration, investment-grade Fixed Income Instruments (average duration normally not exceeding two years; average maturity not exceeding three years), including bonds, debt securities, mortgage/asset-backed securities, and fixed income ETFs; and (2) an option income strategy that writes (sells) exchange-traded and OTC call and put options on fixed income instruments such as ETFs, futures, or interest rate swaps linked to short-term rates or U.S. Treasury securities. The option writing strategy generates premium income by allowing time decay to erode the value of written options, with a focus on short-term options with less than six months to maturity. Collateral supporting option writing consists of U.S. government securities, money market funds, fixed income ETFs, or investment-grade corporate debt.

The Fund writes (sells) exchange-traded and OTC put and call options on fixed income instruments to generate premium income, focusing on short-term options with less than six months to maturity to benefit from accelerated time decay. Written option premiums are treated as capital gains but are referred to as income. The adviser acknowledges that option writing is a form of leveraged investing and may also purchase options for hedging or tail risk management purposes.

NAV HISTORY · MAY '26 – JUN '26

Max DD

Volatility

Sharpe

Sortino

Calmar

Beta

Share of each distribution you’d need to reinvest just to hold NAV flat. Higher means more of the yield is your own capital coming back.

Composition · Recent Distribution

Tax Treatment — Ordinary Income

ORDINARY INCOME

Distribution Composition (Recent)

ROC is not free money — it lowers your cost basis. When shares are sold, capital gains are computed against the lower basis.

Composition · Narrative

The Fund's distributions are expected to consist primarily of ordinary income (interest income and option premiums). Gains from written option premiums are capital gains but are commonly referred to as income. The Fund seeks to manage capital gain distributions by limiting portfolio turnover and using tax-loss harvesting, though this strategy may be only partially successful. Distribution rate may change due to changes in market returns, interest rates, and Fund performance.

Distribution Growth by Lookback Period

Sector Mix · Tilt vs S&P 500

Price vs. Moving Averages

Liquidity

Estimated bid/ask spread ~0.02% (very tight). Average daily dollar volume ~$0.2M (thin). This spread is a high-low estimate, not a live quote; the issuer's reported median spread and premium/discount to NAV are shown above when available.

AUM ($)