What is TSLY?

TSLY seeks to provide current income and capped gains on the Tesla stock (TSLA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TSLY -- -- -- -- -- -- --
TSLY (NAV) -- -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
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All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TSLY Factset Analytics Insight

TSLY aims to generate monthly income while providing exposure to the price returns of the Tesla stock (TSLA), subject to a cap on potential investment gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of three elements: i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys. The synthetic long exposure seeks to replicate the price movements of TSLA by purchasing and selling “at-the-money" call and put options that generally have six-month to one-year terms. To generate income, the fund writes call options with an expiration of one month or less and a strike price of approx. 5%-15% above TSLA’s current share price. This limits the fund’s participation in potential gains if TSLA shares increase in value. Lastly, the fund holds cash and short-term Treasury securities as collateral. Note: the fund does not invest directly in Tesla stocks. Thus, investors are not entitled to any TSLA dividends.

TSLY Summary Data

11/22/22
0.99%
$513.00K
No Underlying Index
N/A
Open-Ended Fund

Peers

N/A
N/A

Fund Flows

+$0.00B 5 Days
+$0.00B 30 Days
+$0.00B 90 Days

TSLY Portfolio Data

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TSLY Index Data

No Underlying Index
Single Asset
Single Asset
N/A

TSLY Portfolio Management

0.99%
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TSLY Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

TSLY Fund Structure

Open-Ended Fund
No
No
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N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 11/30/22

This measurement shows how easy it is to trade a $1 million USD block of TSLY. TSLY is rated a N/A out of 5.

TSLY Tradability

474
$8.67K
167
$1.37K
0.37%
$0.08
0.04%
0.18% / -0.03%
None
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0
$20.38
N/A

TSLY Performance Statistics

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TSLY Benchmark Comparison Holdings

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TSLY Benchmark Comparison Summary

TSLY Segment
Benchmark
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TSLY Benchmark Comparison Market Cap Size

TSLY Segment
Benchmark
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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.