Strategy Shares Gold Enhanced Yield ETF’s prospectus summary identifies a 100% portfolio turnover rate for the fiscal year ended April 30, 2026, alongside an objective of income and long-term Capital appreciation. The summary links higher turnover with potential Transaction Costs and taxable-account effects, while its cost example ranges from $92 for one year to $1,108 for 10 years.

Key Highlights

  • The fund’s hypothetical cost example runs from $92 after one year to $1,108 after 10 years on a $10,000 investment.
  • Rational Advisors advises the fund, with David Miller and Charles Ashley responsible for day-to-day Portfolio Management since May 2021.
  • Fund distributions are generally treated as ordinary income or capital gains outside tax-advantaged accounts.

Gold, Bond and Commodity Components

Such investments are made indirectly through the Fund’s Subsidiary, which also holds cash and cash equivalents, including U.S. Treasury securities used as collateral. Rational Advisors, Inc. serves as Investment adviser, while David Miller and Charles Ashley are jointly and primarily responsible for the portfolio’s day-to-day management.

Cost Illustration and Trading Terms

The fund’s example assumes a $10,000 investment earning a 5% return each year, with costs of $92 after one year, $287 after three years, $498 after five years and $1,108 after 10 years. The illustration excludes brokerage commissions and other transaction costs, and the summary says actual costs may be higher or lower. Shares may be bought or sold on each Business Day through a financial institution. Because trading occurs at market prices rather than net asset value, investors may encounter premiums, discounts and bid/ask spreads.