Key stats
About Tidal ETF Trust FIRE Funds Income Target ETF
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Inception date
Nov 18, 2024
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
FIRI is an actively managed fund-of-funds that seeks a 4% target annual income level. This aligns with the early retirement goals of the FIRE movement, particularly the retirement distribution phase, which shifts from wealth accumulation to generating a steady income while preserving capital. The portfolio primarily holds active or passively managed affiliated equity, bond, commodity, single-stock, multi-asset, or long/short ETFs. FIRI utilizes a barbell approach in allocating its assets between two key components: 1) high-yielding assets, which generate income, are selected following an Income Hierarchy, and 2) cash equivalents and low-volatility ETFs, which aim to provide stability and liquidity, are selected following a Safety Hierarchy. Each component may comprise 30% to 70% of the funds net assets. This range allows the adviser to adjust allocations tactically based on market conditions and investment opportunities. The final portfolio consists of 10 to 25 underlying ETFs.
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF97.91%
Mutual fund2.08%
Cash0.01%
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