FAIRHOPE, Ala.--(BUSINESS WIRE)--Aptus Capital Advisors, LLC announces the launch of the Aptus Large Cap Enhanced Yield ETF (Cboe: DUBS), an actively-managed exchange-traded fund (ETF) combining US Large Cap equities with an equity options overlay designed to deliver large cap market beta with attractive, distributable income.
The launch of DUBS marks the third strategy in the firm’s Enhanced Yield suite of actively-managed ETFs focused on providing attractive distributable income. In the past year, Aptus crossed $2 billion in assets under management across its ETF lineup. DUBS joins the Aptus Enhanced Yield ETF (JUCY) and the Aptus International Enhanced Yield ETF (IDUB) as part of a comprehensive suite of funds designed to capture yield through current income and capital appreciation.
Launched in 2013, Aptus Capital Advisors supports independent wealth managers seeking better client outcomes through hedged strategies, managed portfolios, and investment support. Across the industry, advisors have embraced options-based strategies for their abilities to pursue upside while dynamically managing risk.
“Our Drawdown Patrol strategies have been a compelling solution for many advisors as they look to meet client needs in a challenging environment.” said JD Gardner, Founder and Portfolio Manager at Aptus Capital Advisors. “We’re proud to have assisted advisors in helping clients over the past decade, and are excited to now offer a market beta strategy that provides income not reliant on certain equity styles and sectors typically associated with higher distributions.”
“The launch of Aptus’ new ETF builds on the existing success of their product suite and is a testament to the utility that innovative, options-based solutions can potentially provide in generating income,” said Rob Marrocco, Vice President, Global Head of ETP Listings at Cboe Global Markets. “With our 50-year leadership and proven track record of innovation in the global derivatives markets, Cboe is uniquely positioned to be the world’s go-to listing venue for all exchange-traded products that use options. We are proud to count Aptus among our clients as they continue to grow their offerings, and we look forward to supporting their continued success.”
DUBS is an actively-managed strategy seeking capital appreciation with attractive income. The strategy typically invests in a portfolio of market cap-weighted US Large Cap equities designed to provide market returns. It then enhances the portfolio's yield by using an option overlay to provide more distributable income. At least 80% of the fund’s net assets will be invested in US Large Cap equities. DUBS is expected to begin trading on the Cboe BZX Exchange on Wednesday, June 14, 2023.
Investors can learn more about DUBS at www.aptusetfs.com
Aptus Capital Advisors
Aptus Capital Advisors is an SEC-registered investment advisor and serves as the Funds’ investment advisor. The funds are distributed by Quasar Distributors, LLC.
An investor should carefully consider the investment objectives, risks, charges and expenses of the ETFs as applicable, before investing. The prospectus of DUBS contains this and other important information and is available free of charge by calling toll-free at 1-800-617-0004 or writing to Aptus at 265 Young Street, Fairhope, AL 36532. The prospectus should be read carefully before investing.
Investing involves risk and principal loss is possible. Shares of ETFs are bought and sold in the secondary market at market prices (not NAV) and are not individually redeemed from the Fund. Duration is a commonly used measure of the potential volatility of the price of a debt securities, prior to maturity. Securities with a longer duration generally have more volatile prices than securities of comparable quality with a shorter duration. Derivative Securities Risk. The Fund invests in options that derive their performance from the performance of an underlying reference asset. Derivatives, such as the options in which the Fund invests, can be volatile and involve various types and degrees of risks, depending upon the characteristics of a particular derivative. High Portfolio Turnover Risk. The Fund may frequently buy and sell portfolio securities and other assets to rebalance the Fund’s exposure to specific securities. New Fund Risk. The Fund is a recently organized investment company with a limited operating history. Non-Diversification Risk. The Fund is considered to be non-diversified, which means that it may invest more of its assets in the securities of a single issuer or a smaller number of issuers than if it were a diversified fund. Options Risk. Selling (writing) and buying options are speculative activities and entail greater than ordinary investment risks. Futures Contracts Risk. A decision as to whether, when, and how to use futures involves the exercise of skill and judgment and even a well-conceived futures transaction may be unsuccessful because of market behavior or unexpected events.
Aptus Capital Advisors is the advisor to the Aptus Large Cap Enhanced Yield ETF (DUBS), the Aptus Enhanced Yield ETF (JUCY) and the Aptus International Enhanced Yield ETF (IDUB) which are distributed by Quasar Distributors, LLC.
