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About LifeX 2054 Inflation-Protected Longevity Income ETF
Home page
Inception date
Sep 9, 2024
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
Stone Ridge Asset Management LLC
ISIN
US86172B8173
LIAK invests in US Treasury securities, mainly TIPS, aiming for predictable cashflows through 2054. In 2034, investors can opt for Longevity-Linked Distributions via a closed-end fund with payments up to age 100 or Term Distributions continuing through 2054, or a mix. Both Fund and closed-end funds aim to liquidate by 2054, distributing all assets then ceasing distributions. Initially, monthly payouts are $0.0833 per share, adjusted for inflation, until 2034 when it recalibrates to approximately $0.0760 monthly until 2054. Inflation adjustments are based on the Consumer Price Index and distributions are made around the 3rd business day each month. A portion of each monthly distribution is considered return capital, reducing the amount for investment and lowering the investor's tax basis in their shares. Before February11, 2025, the fund utilized Stone Ridge for branding instead of LifeX.
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
Government
Bonds, Cash & Other100.00%
Government98.58%
Mutual fund1.26%
Cash0.16%
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
LIAK top holdings are Government of the United States of America 1.75% 15-JAN-2034 and United States Treasury Bond 0.875% 15-FEB-2047, occupying 26.81% and 21.39% of the portfolio correspondingly.
LIAK last dividends amounted to 0.85 USD. The month before, the issuer paid 0.85 USD in dividends,
LIAK assets under management is 2.37 M USD. It's fallen 0.00% over the last month.
LIAK fund flows account for 2.32 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, LIAK pays dividends to its holders with the dividend yield of 5.15%. The last dividend (Sep 4, 2025) amounted to 0.85 USD. The dividends are paid monthly.
LIAK shares are issued by Stone Ridge Holdings Group LP under the brand Stone Ridge. The ETF was launched on Sep 9, 2024, and its management style is Active.
LIAK expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
LIAK follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LIAK invests in bonds.
LIAK price has fallen by −0.45% over the last month, and its yearly performance shows a −7.47% decrease. See more dynamics on LIAK price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.75% increase in three-month performance and has increased by 4.27% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.75% increase in three-month performance and has increased by 4.27% in a year.
LIAK trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.