Key stats
About Stone Ridge 2059 Inflation-Protected Longevity Income ETF
Expense ratio
0.50%
Home page
Inception date
Sep 9, 2024
LIAT invests in US Treasury securities, mainly TIPS, aiming for predictable cashflows through 2059. In 2039, investors can opt for Longevity-Linked Distributions via a closed-end fund with payments up to age 100 or Term Distributions continuing through 2059, or a mix. Both Fund and closed-end funds aim to liquidate by 2059, distributing all assets then ceasing distributions. Initially, monthly payouts are $0.0833 per share, adjusted for inflation, until 2039 when it recalibrates to approximately $0.0760 monthly until 2059. 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.
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
Government
Bonds, Cash & Other100.00%
Government98.47%
Mutual fund1.03%
Cash0.50%
Top 10 holdings
Dividends
Dividend payout history