Key stats
About Elevation Series Trust SRH REIT Covered Call ETF
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Inception date
Nov 1, 2023
Structure
Open-Ended Fund
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
Paralel Advisors LLC
Distributor
Paralel Distributors LLC
SRHR aims to provide income by combining US REIT exposure with a strategic covered call writing strategy. The funds adviser considers both macroeconomic and industry trends when selecting positions for the funds portfolio. Securities are selected based on several quantitative and qualitative factors considered most favorable for long-term capital appreciation. The funds adviser employs a fundamental, bottom-up, value-driven evaluation process to select 20-30 individual REITs. US listed, exchange-traded or FLEX call options are tactically written against select securities in the portfolio to potentially generate additional income. There is no minimum or maximum portfolio value in which options are written. As an actively managed fund, the funds adviser has full discretion in managing the portfolio of individual REITs and call options.
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
Finance
Stocks99.10%
Finance95.49%
Consumer Services3.04%
Bonds, Cash & Other0.90%
Mutual fund1.25%
Cash0.22%
Rights & Warrants−0.29%
Miscellaneous−0.29%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SRHR invests in stocks. The fund's major sectors are Finance, with 96.04% stocks, and Consumer Services, with 3.06% of the basket. The assets are mostly located in the North America region.
SRHR top holdings are Lamar Advertising Company Class A and Ventas, Inc., occupying 8.84% and 7.24% of the portfolio correspondingly.
SRHR last dividends amounted to 0.31 USD. The month before, the issuer paid 0.28 USD in dividends, which shows a 10.74% increase.
SRHR assets under management is 49.64 M USD. It's risen 0.36% over the last month.
SRHR fund flows account for −2.77 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, SRHR pays dividends to its holders with the dividend yield of 12.47%. The last dividend (May 23, 2025) amounted to 0.31 USD. The dividends are paid monthly.
SRHR shares are issued by Paralel Technologies LLC under the brand SRH. The ETF was launched on Nov 1, 2023, and its management style is Active.
SRHR expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
SRHR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SRHR invests in stocks.
SRHR price has fallen by −0.54% over the last month, and its yearly performance shows a −5.89% decrease. See more dynamics on SRHR price chart.
NAV returns, another gauge of an ETF dynamics, showed a −4.73% decrease in three-month performance and has decreased by −2.74% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −4.73% decrease in three-month performance and has decreased by −2.74% in a year.
SRHR trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.