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CTIFCastellan Targeted Income ETF

Get income1y track recordRanked #972 of 1,650 in this goal

Seeks current income with an opportunity for capital appreciation.

By Castellan Group · Launched 2025

Annual Cost

0.45%

#2,233 of 5,854 · average

Fund Size

$182M

#2,421 of 5,854 · mid-size

Dividend YieldGoal

3.23%

Track Record

1 year

#4,406 of 5,854 · young

Performance

Total-return NAV · USD
Growth of $10,000
$11,100+11.0%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 54.8% of fundmoderately concentrated

Analog Devices IncADI
6.7%
Parker-Hannifin CorpPH
6.3%
Caterpillar IncCAT
6.2%
Snap-on IncSNA
5.5%
Eaton Corp PLCETN
5.5%
Hubbell IncHUBB
5.2%
Kroger Co/TheKR
5.0%
WW Grainger IncGWW
4.8%
General Dynamics CorpGD
4.8%
Procter & Gamble Co/ThePG
4.8%

Asset allocation

Stocks
99.9%
Other
0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
12.6%Moderate

Year-on-year price swings

Max drawdown
-9.4%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
Cboe BZX

Full fund details

Objective
Seeks current income with an opportunity for capital appreciation.
Strategy
Actively manages a portfolio of mid- and large-capitalization dividend paying stocks, employing a covered call strategy to seek additional income. Focuses on companies with a history of growing dividends and strong financial health.
Inception date
June 24, 2025
Fund family
Castellan Group

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 2026-08-04