Key stats
About MKAM ETF
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Inception date
Apr 12, 2023
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
Empowered Funds LLC
Distributor
Pine Distributors LLC
Identifiers
3
ISIN US02072L4905
MKAM looks to participate in rising US equity markets by investing similarly to the S&P 500 while cutting volatility and drawdown risk. The fund tactically shifts the portfolio exposure using a market risk model that is based on macro trends and individual security fundamentals. The fund generally invests in favor of equities but may change exposure based on the models signals. A daily assessment of these signals can result in an allocation to equity, fixed-income securities, or a mix of both ranging from 0-100% of portfolio assets. During stock declines, the fund aims to take a defensive position resulting in higher allocation to fixed-income securities. Fixed income exposure may include US Treasury, money-market instruments, and mutual funds. The fund may also purchase put options and sell futures contracts as forms of hedging from market drawdowns.
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
Government
Bonds, Cash & Other100.00%
ETF85.51%
Government14.05%
Mutual fund0.37%
Cash0.07%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MKAM top holdings are iShares Core S&P 500 ETF and iShares 0-3 Month Treasury Bond ETF, occupying 54.02% and 31.49% of the portfolio correspondingly.
MKAM last dividends amounted to 0.31 USD. The quarter before, the issuer paid 0.16 USD in dividends, which shows a 46.99% increase.
MKAM assets under management is 12.09 M USD. It's fallen 0.61% over the last month.
MKAM fund flows account for 3.63 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, MKAM pays dividends to its holders with the dividend yield of 2.08%. The last dividend (Dec 31, 2025) amounted to 0.31 USD. The dividends are paid quarterly.
MKAM shares are issued by Empirical Finance LLC under the brand MKAM. The ETF was launched on Apr 12, 2023, and its management style is Active.
MKAM expense ratio is 0.53% meaning you'd have to pay 0.53% of your investment to help manage the fund.
MKAM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MKAM invests in funds.
MKAM price has fallen by −0.56% over the last month, and its yearly performance shows a 3.23% increase. See more dynamics on MKAM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.90% over the last month, have fallen by −0.90% over the last month, showed a 0.38% increase in three-month performance and has increased by 5.74% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.90% over the last month, have fallen by −0.90% over the last month, showed a 0.38% increase in three-month performance and has increased by 5.74% in a year.
MKAM trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.