The fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of investment grade municipal bonds and below investment grade municipal bonds or directly in the securities held by such ETFs and (ii) selling and purchasing listed short-term put options to generate income to the fund.
Frequently asked questions
What is the Overlay Shares Municipal Bond ETF (OVM) expense ratio?
The Overlay Shares Municipal Bond ETF funds expense ratio is 0.88%.
What is Overlay Shares Municipal Bond ETF (OVM) current stock price?
As of the latest data, Overlay Shares Municipal Bond ETF stock price is $20.95, with a previous close of $20.85. Overlay Shares Municipal Bond ETF gained $0.11 in the last trading session, representing a 0.51% increase.
Does Overlay Shares Municipal Bond ETF (OVM) pay dividends?
Yes. Overlay Shares Municipal Bond ETF pays monthly dividends with an annualized yield of 5.33% and an estimated annual payout of $1.12 per share.
When is the next ex-dividend date for Overlay Shares Municipal Bond ETF (OVM)?
The next ex-dividend date is scheduled for October 29, 2026.