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AGGH

Simplify Aggregate Bond ETF

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as of 09/20/2024

NAV

$ 21.83

NAV Change

+ $ 0.05 /0.23%

Price

$ 21.81

Price Change

- $ 0.17 /0.77%
The Simplify Aggregate Bond ETF (AGGH) seeks to maximize total return.

The fund is actively managed to create a core bond exposure with enhanced yield via structural income opportunities such as more efficient curve positioning and defined-risk option writing.

AGGH can be used by investors who not only seek higher yields than investment grade bonds normally provide, but a higher total return as well.
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Documents

Can Bond Investors Outperform the Aggregate Bond Index?

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Fund Overview

As of 09/20/2024

Ticker Symbol
AGGH
Gross Expense Ratio
0.58%
Net Expense Ratio
0.33%
CUSIP
82889N723
Total Assets
$253,267,685.25
Shares Outstanding
11,600,001
Distribution Rate as of 08/31/2024 Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
Distribution Rate Close
Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
7.85%
Distribution Frequency
Monthly
30-Day SEC Yield (Subsidized) as of 08/31/2024 SEC 30-day Yield is available once fund has a full quarter of performance.
SEC 30-Day Yield Close
SEC 30-day Yield is available once fund has a full quarter of performance.
3.46%
30-Day SEC Yield (Unsubsidized) as of 08/31/2024
3.21%
Portfolio Duration
8.94
Options Available
No
Inception Date
02/14/2022
Premium/Discount (%) as of 09/20/2024
-0.11%
NAV Per Share as of 09/20/2024
$21.83
Market Price as of 09/20/2024
$21.81
30-Day Median Bid-Ask Spread
0.18%
Bid/Ask
$21.81/$21.91
Midpoint Price
$21.86
Volume
89,799
NAV Symbol
AGGH.NV
IOPV Symbol
AGGH.IV
Shares Out. Symbol
AGGH.SO
Schedule K-1
No

Management Fees

This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees 0.50%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses1 0.01%
Acquired Fund Fees and Expenses2 0.07%
Total Annual Fund Operating Expenses 0.58%
Fee Waiver3 (0.25)%
Total Annual Fund Operating Expenses After Fee Waiver 0.33%
1. Other Expenses have been restated. The Fund no longer engages in transactions that incur interest expense.

2. Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies. The operating expenses in this fee table do not correlate to the expense ratio in the Fund’s financial highlights because the financial statements include only the direct operating expenses incurred by the Fund.

3. The Fund’s adviser has contractually agreed, through at least October 31, 2024, to waive its management fees to 0.25% of the Fund’s average daily net assets.

Fund Performance

As of 07/31/2024 06/30/2024

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 2.86% 5.63% 2.13% 1.80% 5.19% 0.76%
Market Price 2.75% 5.60% 1.88% 1.66% 5.59% 0.95%
Annualized 1 Year 3 Year Since Inception
NAV 5.19% — 0.31%
Market Price 5.59% — 0.39%
Cumulative 1 Year Since Inception
NAV 2.48% -2.04%
Market Price 2.57% -1.75%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 2.48% — — -0.86%
Market Price 2.57% — — -0.74%
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.

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.

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

Historical Premium/Discount

Calendar Year 2023 2nd Quarter of 2024
Days Traded at Premium
150
41
Days Traded at Discount
100
22
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported Net Asset Value. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. EST). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.

Portfolio Holdings

As of 09/20/2024

Holdings - All ETFs
Ticker Name Quantity Weight
FNCL FANNIE MAE POOL 4.5 25OCT45 TBA 100,000,000 39.02%
AGG ISHARES CORE US AGGREGATE BOND ETF 1,361,771 54.56%
JPST JP MORGAN ULTRA SHORT INCOME ETF 493,580 9.88%
SCHP SCHWAB STR US TIPS ETF 701,531 14.86%
TYZ4 COM US 10YR NOTE (CBT)DEC24 173 7.84%
USZ4 COM US LONG BOND(CBT) Dec24 263 13.01%
- US LONG BND W4 OP Sep24P 125 -500 -0.09%
- US BOND FUTR OPTN Nov24C 134 -1,831 -0.05%
- US BOND FUTR OPTN Nov24P 120 -1,831 -0.14%
- IRSS32930 64,900,000 25.45%
- IRSS32930 00001 -64,900,000 -25.63%
- IRS 3.4285 08/05/55 20,000,000 7.90%
- IRS31155 28,900,000 11.41%
- IRS31155 00001 -28,900,000 -11.24%
T Bills UNITED STS TREAS BILLS 0.0 15OCT24 3,400,000 1.34%
T Bills UNITED STS TREAS BILLS 0.0 29OCT24 44,500,000 17.49%
- Estimated Cash -92,848,634 -36.66%

Holdings are subject to change without notice.

Recent Distributions

This Fund is required to meet the reporting requirement of Section 19(a) of the Investment Company Act of 1940 where the payment of any distribution is to be accompanied by a written notice that discloses the sources of a payment if it is made from any source other than the Fund's net income. Section 19(a) notices are typically released after a Fund's dividend declaration date. As such, the reported distribution details below are subject to change without notice.

Ex-Dividend Date Record Date Payable Date Ordinary Income Short Term Capital Gains Long Term Capital Gains Return of Capital Total Distribution
N/A N/A N/A N/A N/A
$0.03090 $0.00000 $0.00000 $0.10910 $0.14000
$0.02719 $0.00000 $0.00000 $0.11281 $0.14000
$0.03971 $0.00000 $0.00000 $0.16029 $0.20000
$0.03135 $0.00000 $0.00000 $0.10865 $0.14000
View Distribution History

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