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About REX AI Equity Premium Income ETF
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Inception date
Jun 4, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rex Advisers LLC
Distributor
Foreside Fund Services LLC
AIPI targets companies at the forefront of Artificial Intelligence (AI) technologies in sectors such as AI hardware, software, enabling infrastructure, and services. Companies are classified into Purity Leaders and Key Enablers in the AI space, with a 40% and 60% allocation respectively. The fund primarily invests in US-based AI technology companies, holding 25 stock positions for potential NAV growth while capping gains. It employs a covered call strategy, writing slightly out-of-the-money options on individual securities to boost income from higher premiums, partially offsetting price declines and limiting upside potential. Specifically, it sells standardized exchange-traded and FLEX call option contracts linked to underlying security returns. Managed actively, AIPI focuses on stock selection and option writing tailored to prevailing market conditions. The strategy aims to cushion against market declines and manage price volatility, blending capital appreciation and current income.
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
Technology Services
Electronic Technology
Stocks96.95%
Technology Services48.39%
Electronic Technology45.70%
Retail Trade2.86%
Bonds, Cash & Other3.05%
Cash3.05%
Stock breakdown by region
North America91.79%
Europe8.21%
Latin America0.00%
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
AIPI invests in stocks. The fund's major sectors are Technology Services, with 48.39% stocks, and Electronic Technology, with 45.70% of the basket. The assets are mostly located in the North America region.
AIPI top holdings are NVIDIA Corporation and CrowdStrike Holdings, Inc. Class A, occupying 10.87% and 9.77% of the portfolio correspondingly.
AIPI last dividends amounted to 1.23 USD. The month before, the issuer paid 1.10 USD in dividends, which shows a 10.57% increase.
AIPI assets under management is 298.16 M USD. It's risen 11.16% over the last month.
AIPI fund flows account for 354.20 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, AIPI pays dividends to its holders with the dividend yield of 39.73%. The last dividend (May 29, 2025) amounted to 1.23 USD. The dividends are paid monthly.
AIPI shares are issued by Rex Financial LLC under the brand REX Shares. The ETF was launched on Jun 4, 2024, and its management style is Active.
AIPI expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
AIPI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
AIPI invests in stocks.
AIPI price has risen by 3.16% over the last month, and its yearly performance shows a −18.33% decrease. See more dynamics on AIPI price chart.
NAV returns, another gauge of an ETF dynamics, showed a 12.26% increase in three-month performance and has increased by 2.46% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 12.26% increase in three-month performance and has increased by 2.46% in a year.
AIPI trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.