Skip to content

BUXXStrive Enhanced Income Short Maturity ETF

Get income2y track recordRanked #363 of 1,622 in this goal

Seeks current income while minimizing price volatility and maintaining liquidity.

By Strive AM · Launched 2023

Annual Cost

0.26%

#1,303 of 5,562 · low cost

Fund Size

$461M

#1,629 of 5,562 · large

Dividend YieldGoal

4.71%

Track Record

2 years

#3,106 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,436+4.4%

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

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 14.1% of fundwell diversified

First American Government Obli
4.7%
Crown Point CLO Ltd
1.4%
American Express Credit Accoun
1.3%
American Credit Acceptance Rec
1.2%
FHLMC Multifamily Structured P
1.0%
FHLMC Multifamily Structured P
1.0%
Pagaya AI Debt Selection Trust
0.9%
TREASURY BILL
0.9%
FHLMC Multifamily Structured P
0.9%
Palmer Square Loan Funding Ltd
0.9%

Asset allocation

Bonds
90.0%
Cash
9.4%
Other
0.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
1.2%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

Where to buy

Listing

Exchange
New York Stock Exchange

Full fund details

Objective
Seeks current income while minimizing price volatility and maintaining liquidity.
Strategy
Actively managed ETF investing primarily in U.S.-dollar denominated investment-grade fixed- and floating-rate bonds. Focuses on maintaining a short duration and average maturity, with significant investments in mortgage-related instruments.
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

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

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

Why we flagged this: strategy=option_income + option_income_strategy

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

What's next?

You've reviewed BUXX. Save it to your watchlist to track it alongside the other funds you're weighing.

Data updated on 2026-06-19