LIAV invests in US Treasury securities, mainly TIPS, aiming for predictable cashflows through 2061. In 2041, investors can opt for Longevity-Linked Distributions via a closed-end fund with payments up to age 100 or Term Distributions continuing through 2061, or a mix. Both Fund and closed-end funds aim to liquidate by 2061, distributing all assets then ceasing distributions. Initially, monthly payouts are $0.0833 per share, adjusted for inflation, until 2041 when it recalibrates to approximately $0.0760 monthly until 2061. 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.
公司网站 :
https://lifexfunds.com/etfs/LIAV
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建立时间:2024
公司总部:Stone Ridge 2061 Inflation-Protected Longevity Income ETF
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