Stone Ridge Trust - LifeX 2060 Longevity Income ETF

LFAW targets monthly distributions of income and principal through the end of 2060, less operating fees. Managing US Treasury securities, a distribution rate is calculated based on the life expectancy of individuals born in 1960. In April 2040, the distribution rate is recalibrated, reducing payouts and rebalancing the portfolio to mitigate interest rate changes. At this time, shareholders turning 80 can choose between Longevity-Linked Distributions through a closed-end fund, offering monthly payments for life up to age 100, or Term Distributions, with monthly payouts continuing through 2060, or a combination of both. Both the Fund and closed-end funds will liquidate by 2060, distributing all assets and ceasing distributions. Distributions are typically on the 3rd business day of each month. A portion of each monthly distribution is considered return capital, reducing the amount for investment and lowering the investor's tax basis in their shares. Before February13, 2025, the fund utilized Stone Ridge for branding instead of LifeX. On Sept. 17, 2025, the Issuer consolidated four funds in this series (2056-2059) into this fund, adding $3.2 million in AUM.

資產類別

固定收益

發行機構

Stone Ridge

註冊地

US

成立日期

2024年1月8日

持股數量

20

ISIN

US86172B6763