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BUXXStrive Enhanced Income Short Maturity ETF

Get income2y track recordRanked #335 of 1,650 in this goal

Seeks current income while minimizing price volatility and maintaining liquidity.

By Strive AM · Launched 2023

Annual Cost

0.26%

#1,214 of 5,854 · low cost

Fund Size

$477M

#1,624 of 5,854 · large

Dividend YieldGoal

4.70%

Track Record

2 years

#3,028 of 5,854 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,421+4.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 16.7% of fund✓ well diversified

First American Government Obli
6.3%
Nissan Auto Receivables Owner
1.6%
Honda Auto Receivables Owner T
1.4%
Toyota Lease Owner Trust
1.2%
TREASURY BILL
1.2%
Ford Credit Auto Owner Trust
1.1%
ARES CLO Ltd
1.0%
AmeriCredit Automobile Receiva
1.0%
SG Capital Partners
1.0%
Onslow Bay Financial LLC
1.0%

Asset allocation

Bonds
84.6%
Cash
15.1%
Other
0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
1.3%Low

Year-on-year price swings

Max drawdown
-0.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
New York Stock Exchange

Full fund details

Objective
Seeks current income while minimizing price volatility and maintaining liquidity.
Strategy
Actively manages a portfolio of U.S.-dollar denominated investment-grade fixed- and floating-rate bonds and debt securities to provide current income while minimizing price volatility. The Fund invests primarily in agency and non-agency residential mortgage-backed securities, asset-backed securities, and corporate debt.
Inception date
August 9, 2023
Fund family
Strive AM

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-03