• Ticker

  THRV

• Inception Date

  09/30/2025

• CUSIP

  88588B100

• Fund Type

  Active

• Fund Strategy

  Multi Asset Income

• Shares Outstanding

• NAV

  -

• Market Price

  -

• 30-Day Median Bid Ask Spread

  -

The Prospera Income ETF (THRV) is a flexible, “go anywhere” actively managed multi-asset income strategy that seeks to make monthly distributions and generate an attractive current level of income relative to prevailing intermediate-term U.S Treasury yields. Our strategy anchors its portfolio construction in a core allocation of fixed income ETFs. The intention is to provide diversification, daily liquidity, and broad exposure across multiple maturities and credit qualities. Around this foundation, the fund tactically allocates to closed-end funds (CEFs), dividend-paying equities, preferred shares, real assets, and commodities each carefully selected to enhance yield, diversify risk, and add resilience against inflationary pressures.

Additionally , the strategy maintains a systematic derivatives overlay intended to help manage downside risk, with initial entry positions ranging from 0.05-0.25% of the portfolio in put options underlying broad equity index’s and individual ETFs. This hedge is scalable up to 10% in periods of heightened volatility to help cushion drawdowns and preserve capital.

The derivatives overlay is intended to help manage downside risk; there is no assurance it will be effective or reduce losses. Derivatives involve additional risks, including leverage, imperfect correlation, liquidity/pricing risk, counterparty/clearing risk, and the risk that options may expire worthless. The use of derivatives may increase volatility and/or detract from performance.

1. Monthly Income: Aims to provide monthly distributions and generate an attractive level of current income relative to prevailing intermediate-term U.S Treasury yields.
2. Diversified Income Sources: The fund maintains a diversified allocation of fixed income ETFs, providing stability, liquidity and efficient bond market access. Complimentary exposure to ADRs, dividend paying equities, preferred equites, CEFs, REITs and commodities further diversify income streams, reduce correlation and enhance yield potential.
3. Actively Managed “Go Anywhere” Strategy: THRV's management has the flexibility to shift across asset classes and sectors in response to changing market conditions, seeking to pursue income and total return while actively managing risk.
4. Downside Risk Protection: Maintains a systematic options overlay intended to help manage downside risk. The overlay is typically modest (ranging from 0.05%-0.25% of portfolio value) and may be increased (potentially up to 10%) during periods of elevated volatility. There is no assurance the overlay will be effective or reduce losses, and it may limit gains.
5. Experienced Investment Team: Managed by a seasoned team with over 24 years of experience in this strategy across multiple market cycles, providing active portfolio and risk management.

• Distribution Frequency

  Monthly

• Distribution Rate

  7.48%

• 30-Day SEC Yield

  5.16%