The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is an economic-value weighted index providing exposure to companies that extract oil and gas within Texas. The fund is non-diversified.
Frequently asked questions
What is the Texas Capital Texas Oil Index ETF (OILT) expense ratio?
The Texas Capital Texas Oil Index ETF funds expense ratio is 0.35%.
What is Texas Capital Texas Oil Index ETF (OILT) current stock price?
As of the latest data, Texas Capital Texas Oil Index ETF stock price is $35.08, with a previous close of $34.98. Texas Capital Texas Oil Index ETF gained $0.10 in the last trading session, representing a 0.29% increase.
Does Texas Capital Texas Oil Index ETF (OILT) pay dividends?
Yes. Texas Capital Texas Oil Index ETF pays quarterly dividends with an annualized yield of 2.2% and an estimated annual payout of $0.77 per share.