Key stats
About Monarch ProCap Index ETF
Home page
Inception date
Mar 23, 2021
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
Kingsview Wealth Management LLC
Distributor
Northern Lights Distributors LLC
MPRO is a fund-of-funds that invests in various asset classes with global exposure. The index includes equity, fixed income ETFs (90%) and alternatives (10%) through commodity and currency ETFs. Asset allocation is determined by the current phase of the economic cycle and its relative strength. Based on the determined allocation, the Adviser selects 6-9 ETFs for the fund portfolio. The equity ETFs are usually spread equally between five GICS sectors that have performed well previously during the given market cycle. While fixed income ETFs may have varying credit qualities and maturities. The allocation to either equities or fixed income will be no less 15% and no more than 75% of the portfolio. The Adviser also considers IPOs, M&As, bankruptcies, suspensions, de-listing, tender offers, and spin-offs in its fundamental and quant analysis. The index undergoes a monthly rebalance. Prior to March 4, 2024, the fund traded under the name Monarch ProCap ETF.
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
ETF
Bonds, Cash & Other100.00%
ETF99.61%
Cash0.39%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MPRO top holdings are iShares Core U.S. Aggregate Bond ETF and Communication Services Select Sector SPDR Fund, occupying 48.75% and 10.42% of the portfolio correspondingly.
MPRO last dividends amounted to 0.08 USD. The quarter before, the issuer paid 0.15 USD in dividends, which shows a 90.17% decrease.
MPRO assets under management is 239.44 M USD. It's risen 5.80% over the last month.
MPRO fund flows account for 106.58 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, MPRO pays dividends to its holders with the dividend yield of 1.66%. The last dividend (Apr 1, 2025) amounted to 0.08 USD. The dividends are paid quarterly.
MPRO shares are issued by Kingsview Partners LLC under the brand Monarch. The ETF was launched on Mar 23, 2021, and its management style is Passive.
MPRO expense ratio is 1.14% meaning you'd have to pay 1.14% of your investment to help manage the fund.
MPRO follows the Monarch ProCap Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MPRO invests in funds.
MPRO price has risen by 3.88% over the last month, and its yearly performance shows a 4.19% increase. See more dynamics on MPRO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.22% over the last month, showed a −1.37% decrease in three-month performance and has increased by 5.82% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.22% over the last month, showed a −1.37% decrease in three-month performance and has increased by 5.82% in a year.
MPRO trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.