Key stats
About FolioBeyond Enhanced Fixed Income Premium ETF
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Inception date
Jan 22, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US8863641655
FIXP employs a proprietary model to curate a diversified portfolio of 5-8 sector-specific fixed-income ETFs with an options overlay to enhance income and potentially increase long-term capital appreciation. Investment exposure spans US Treasuries, investment-grade and high-yield corporate bonds, mortgage-backed securities (MBS), municipal bonds, and sovereign bonds. The fund uses the FolioBeyond Fixed Income Model (FB Model), a factor-based strategy that analyzes various metrics such as price volatility, default risk, interest rate sensitivity, and yield to maturity to determine optimal ETF allocations. The objective is to allocate across these sectors to capture optimal risk-return opportunities dynamically. To enhance income, FIXP writes covered and naked call and put options, as well as option spreads, particularly in low-volatility markets. The fund uses stop-loss limits and collateral for uncovered options.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF97.62%
Mutual fund1.44%
Cash1.02%
Rights & Warrants−0.08%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FIXP invests in funds. The fund's major sectors are ETF, with 97.62% stocks, and Mutual fund, with 1.44% of the basket. The assets are mostly located in the North America region.
FIXP top holdings are FolioBeyond Alternative Income and Interest Rate Hedge ETF and VanEck High Yield Muni ETF, occupying 29.39% and 29.31% of the portfolio correspondingly.
FIXP last dividends amounted to 0.08 USD. The year before, the issuer paid 0.10 USD in dividends, which shows a 25.00% decrease.
FIXP assets under management is 10.89 M USD. It's risen 0.77% over the last month.
FIXP fund flows account for 11.06 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FIXP pays dividends to its holders with the dividend yield of 5.74%. The last dividend (Aug 29, 2025) amounted to 0.08 USD. The dividends are paid annually.
FIXP shares are issued by Toroso Investments Topco LLC under the brand FolioBeyond. The ETF was launched on Jan 22, 2025, and its management style is Active.
FIXP expense ratio is 1.07% meaning you'd have to pay 1.07% of your investment to help manage the fund.
FIXP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FIXP invests in funds.
FIXP trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.