SPSK

The SP Funds Dow Jones Global Sukuk ETF

SPSK seeks to track the performance, before fees and expenses, of the Dow Jones Sukuk Total Return Index.

  • Offers potential diversification benefits for fixed income investors.
  • Sharia-compliant: composed in accordance with Islamic law.
  • Alternative risk profile: SPSK may offer investors decreased exposure to duration risk and interest rate risk.

Fund Details

Inception Date 12/30/2019
Ticker SPSK
Primary Exchange NYSE
CUSIP 886364702
IOPV Symbol SPSK.IV
NAV Symbol SPSK.NV
Expense Ratio 0.65%
30 Day SEC Yield * 1.69%

* As of 06/30/20

Fund Data & Pricing

Net Assets as of 07/01/2020 $23.49m
NAV $20.00
Shares Outstanding 1,175,000
Premium/Discount Percentage 0.17%
Closing Price $20.03

Data as of 07/01/2020

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.

Performance

Returns as of 03/31/2020
  AVG. ANNUALIZED
  1 Month 3 Month 6 Month 9 Month 1 Year 3 Year Since Incepection
Fund NAV -5.75% -4.89% - - - - -4.96%
Market Price -5.69% -5.19% - - - - -4.72%
Index -5.30% -3.25% - - - - -3.39%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling (425) 409-9500.

Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Returns beyond 1 year are annualized.

A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded.

RETURNS
  Returns as of 03/31/2020
Total Return (%) -4.89%
Market Price (%) -5.19%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling (425) 409-9500.

Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Returns beyond 1 year are annualized.

A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded.

Distribution Detail

EX-Date Record Date Payable Date Amount
April 22, 2020 April 23, 2020 April 27, 2020 0.02900
May 20, 2020 May 21, 2020 May 26, 2020 0.02900
June 24, 2020 June 25, 2020 June 29, 2020 0.04669

Top 10 Holdings

Percentage Of Net Assets Name Identifier Shares Held Market Value
5.62 KSA SUKUK LTD 3.628% 04/20/2027 BDHSKG3 1200000.00 1321500.00
4.39 KSA SUKUK LTD 2.894% 04/20/2022 BDHSKJ6 1000000.00 1031356.00
2.96 KSA SUKUK LTD 4.303% 01/19/2029 BFX3CW6 600000.00 696000.00
2.81 PERUSAHAAN PENERBIT SBSN REG S 4.325% 25 4.325% 05 71567RAD8 600000.00 660000.00
2.70 KSA SUKUK LTD 2.969% 10/29/2029 BKPTPV7 600000.00 634452.00
2.32 PERUSAHAAN PENERBIT SBSN REG S SR GLBL REGS 27 4.1 71567RAH9 500000.00 545625.00
1.95 SAUDI ELEC GL SUK4 4.723% 09/27/2028 BGRDLK0 400000.00 458224.80
1.89 PERUSAHAAN PENERBIT SBSN REG S FR 4.4% 030128 4.4% 71567RAK2 400000.00 444750.00
1.89 PERUSAHAAN PENERBIT SBSN REG S FR 4.55% 032926 4.5 71567RAF3 400000.00 444424.00
1.86 PERUSAHAAN PENERBIT SBSN REG S SR PFD TR REGS24 4. 71567RAC0 400000.00 435958.00

Data as of 07/02/2020. Holdings are subject to change.