Main BuyWrite (BUYW)
FUND OBJECTIVE
The objective of the Main BuyWrite Fund is to provide favorable risk-adjusted total returns relative to Morningstar Option Writing Category by investing in a portfolio of exchange traded funds (ETFs) selected through fundamental reversion to the mean analysis while utilizing a covered call writing (selling) strategy in an effort to dampen volatility. There is no guarantee that the fund will achieve its objectives, generate profits or avoid losses.
Investment Objective: The Fund seeks to provide total return, from current income and gains from long-term capital appreciation.
FUND SUMMARY
A Core Holding within your Alternative Allocation. Potentially reduce equity portfolio volatility, potentially enhance returns in a flat or down equity market, and potentially increase portfolio income in a flat or down equity market.
The Fund pursues its objective by employing an option strategy of writing (selling) covered call or index based options on an amount from 0% to 100% of the value of the ETF shares in the Fund’s portfolio. The Fund seeks to earn income and gains both from dividends paid on the ETFs owned by the Fund and cash premiums received from writing or “selling”.
FUND PRICES
* The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free 866-383-9778.
* Standardized performance for the fund as of the most recent quarter can be viewed on the fund's fact sheet.
DISTRIBUTIONS DATA
EX DATE
12/22/2022
RECORD DATE
12/23/2022
PAY DATE
12/28/2022
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0638
TOTAL DISTRIBUTION AMOUNT
$0.0638
EX DATE
01/26/2023
RECORD DATE
01/27/2023
PAY DATE
02/02/2023
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0658
TOTAL DISTRIBUTION AMOUNT
$0.0658
EX DATE
02/23/2023
RECORD DATE
02/24/2023
PAY DATE
03/02/2023
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0656
TOTAL DISTRIBUTION AMOUNT
$0.0656
EX DATE
03/23/2023
RECORD DATE
03/24/2023
PAY DATE
04/04/2023
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0657
TOTAL DISTRIBUTION AMOUNT
$0.0657
EX DATE
04/20/2023
RECORD DATE
04/21/2023
PAY DATE
05/02/2023
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0667
TOTAL DISTRIBUTION AMOUNT
$0.0667
EX DATE
05/25/2023
RECORD DATE
05/26/2023
PAY DATE
06/02/2023
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0669
TOTAL DISTRIBUTION AMOUNT
$0.0669
EX DATE
06/22/2023
RECORD DATE
06/23/2023
PAY DATE
07/05/2023
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0674
TOTAL DISTRIBUTION AMOUNT
$0.0674
EX DATE
07/20/2023
RECORD DATE
07/21/2023
PAY DATE
08/02/2023
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0677
TOTAL DISTRIBUTION AMOUNT
$0.0677
EX DATE
08/24/2023
RECORD DATE
08/25/2023
PAY DATE
09/05/2023
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0671
TOTAL DISTRIBUTION AMOUNT
$0.0671
EX DATE
09/21/2023
RECORD DATE
09/22/2023
PAY DATE
10/03/2023
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0672
TOTAL DISTRIBUTION AMOUNT
$0.0672
EX DATE
10/19/2023
RECORD DATE
10/20/2023
PAY DATE
11/02/2023
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0668
TOTAL DISTRIBUTION AMOUNT
$0.0668
EX DATE
11/21/2023
RECORD DATE
11/22/2023
PAY DATE
12/04/2023
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0672
TOTAL DISTRIBUTION AMOUNT
$0.0672
EX DATE
12/21/2023
RECORD DATE
12/22/2023
PAY DATE
01/03/2024
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0674
TOTAL DISTRIBUTION AMOUNT
$0.0674
EX DATE
01/25/2024
RECORD DATE
01/26/2024
PAY DATE
01/31/2024
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0676
TOTAL DISTRIBUTION AMOUNT
$0.0676
EX DATE
02/22/2024
RECORD DATE
02/23/2024
PAY DATE
02/28/2024
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0675
TOTAL DISTRIBUTION AMOUNT
$0.0675
EX DATE
03/21/2024
RECORD DATE
03/22/2024
PAY DATE
03/27/2024
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0680
TOTAL DISTRIBUTION AMOUNT
$0.0680
EX DATE
04/24/2024
RECORD DATE
04/25/2024
PAY DATE
04/30/2024
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0677
TOTAL DISTRIBUTION AMOUNT
$0.0677
EX DATE
05/23/2024
RECORD DATE
05/24/2024
PAY DATE
05/29/2024
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0692
TOTAL DISTRIBUTION AMOUNT
$0.0692
EX DATE
06/20/2024
RECORD DATE
06/21/2024
PAY DATE
06/26/2024
ST CAP GAINS
$0.0000
LT CAP GAINS
$0.0000
INCOME/OTHER
$0.0689
TOTAL DISTRIBUTION AMOUNT
$0.0689
Portfolio holdings are subject to change and should not be considered investment advice.
TOP 10 HOLDINGS
SYMBOL
SPY
NAME
SPDR S&P 500 ETF
MARKET PRICE ($)
$559.99
SHARES HELD
498,700
MARKET VALUE ($)
$279,267,013
NET ASSETS (%)
58%
SYMBOL
SMH
NAME
V/E SEMICONDUCT
MARKET PRICE ($)
$274.45
SHARES HELD
289,000
MARKET VALUE ($)
$79,316,050
NET ASSETS (%)
17%
SYMBOL
XBI
NAME
SPDR S&P BIOTECH
MARKET PRICE ($)
$98.96
SHARES HELD
603,200
MARKET VALUE ($)
$59,692,672
NET ASSETS (%)
12%
SYMBOL
XLC
NAME
SPDR-COMM SERV
MARKET PRICE ($)
$86.31
SHARES HELD
678,900
MARKET VALUE ($)
$58,595,859
NET ASSETS (%)
12%
SYMBOL
XLU
NAME
SPDR-UTIL SELECT
MARKET PRICE ($)
$71.26
SHARES HELD
754,800
MARKET VALUE ($)
$53,787,048
NET ASSETS (%)
11%
SYMBOL
TLT
NAME
ISHARES 20+ YEAR
MARKET PRICE ($)
$93.94
SHARES HELD
507,500
MARKET VALUE ($)
$47,674,550
NET ASSETS (%)
10%
SYMBOL
NAME
BBH SWEEP VEHICLE
MARKET PRICE ($)
$100.00
SHARES HELD
6,915,388
MARKET VALUE ($)
$6,915,388
NET ASSETS (%)
1%
SYMBOL
USDB
NAME
US DOLLAR BROKER
MARKET PRICE ($)
$1.00
SHARES HELD
-127,638
MARKET VALUE ($)
$-127,638
NET ASSETS (%)
0%
SYMBOL
RECPAY
NAME
Receivables/Payables
MARKET PRICE ($)
$1.00
SHARES HELD
-503,028
MARKET VALUE ($)
$-503,028
NET ASSETS (%)
0%
SYMBOL
TLT US 12/20/24 C91
NAME
TLT US 12/20/24 C91
MARKET PRICE ($)
$5.68
SHARES HELD
-5,075
MARKET VALUE ($)
$-2,880,063
NET ASSETS (%)
-1%