Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in income producing securities that are an alternative to traditional debt instruments. Alternative Yield Investments are investments, other than traditional debt instruments (e.g., bonds), that generate interest and dividend income. It is non-diversified.
Frequently asked questions
What is the Tidal ETF Trust - Leatherback Long/Short Alternative Yield ETF (LBAY) expense ratio?
The Tidal ETF Trust - Leatherback Long/Short Alternative Yield ETF funds expense ratio is 1.24%.
What is Tidal ETF Trust - Leatherback Long/Short Alternative Yield ETF (LBAY) current stock price?
As of the latest data, Tidal ETF Trust - Leatherback Long/Short Alternative Yield ETF stock price is $27.36, with a previous close of $27.15. Tidal ETF Trust - Leatherback Long/Short Alternative Yield ETF gained $0.21 in the last trading session, representing a 0.76% increase.
Does Tidal ETF Trust - Leatherback Long/Short Alternative Yield ETF (LBAY) pay dividends?
Yes. Tidal ETF Trust - Leatherback Long/Short Alternative Yield ETF pays monthly dividends with an annualized yield of 3.66% and an estimated annual payout of $1.00 per share.