AIPI

Rex AI Equity Premium Income ETF (AIPI)

Market Closed
3 Jul, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
43. 43
+0.3
+0.7%
$
296.52M Market Cap
- P/E Ratio
0% Div Yield
71,900 Volume
- Eps
$ 43.13
Previous Close
Day Range
43.22 43.47
Year Range
33.68 56.15
Want to track AIPI and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!

Summary

AIPI closed yesterday higher at $43.43, an increase of 0.7% from Wednesday's close, completing a monthly increase of 5.57% or $2.29. Over the past 12 months, AIPI stock lost -12.12%.
AIPI pays dividends to its shareholders, with the most recent payment made on Dec 26, 2024. The next estimated payment will be in 5 months ago on Jan 26, 2025 for a total of $1.486.
The stock of the company had never split.
The company's stock is traded on 1 different exchanges and in various currencies, with the primary listing on NASDAQ (NMS) (USD).

AIPI Chart

Chart

Empty chart
The chart has 2 Y axes displaying values, and values.
Loading, please wait...
End of interactive chart.
AIPI: Holdings Interesting, Strategy Not So Much

AIPI: Holdings Interesting, Strategy Not So Much

AIPI focuses on generating high income through covered call strategies, prioritizing yield over capital appreciation for investors seeking steady payouts. The ETF writes slightly out-of-the-money calls, enhancing income in flat or declining markets but capping upside in bullish conditions. AIPI targets AI-focused companies, balancing direct AI revenue leaders with key ecosystem enablers for diversified exposure.

Seekingalpha | 1 month ago
AIPI: Not Convinced Of The Fund's Strategy

AIPI: Not Convinced Of The Fund's Strategy

AIPI's performance has been disappointing, with a 23.4% price decline since inception and distributions not offsetting the price drop, raising concerns about its portfolio strategy. The fund's option strategy, blending OTM and ATM options, hasn't effectively capitalized on significant price movements in its holdings, questioning management's income generation ability. The fund's high dividend yield of 34.8% is unsustainable, with distributions primarily being a return of capital, not net investment income, indicating potential long-term issues.

Seekingalpha | 2 months ago
AIPI: A Well-Constructed Fund With Some Elevated Risk

AIPI: A Well-Constructed Fund With Some Elevated Risk

The best investments endure over time, revealing weaknesses during market adversity, as seen with recent equity sell-offs due to Trump's tariff strategy. Covered-call funds, significantly impacted by market volatility, have evolved over the last decade, showing varied payouts and total returns during sell-offs. Elevated risks are associated with tariffs, currency fluctuations, and lack of diversity, particularly affecting investments tied to China and manufacturing.

Seekingalpha | 2 months ago

Rex AI Equity Premium Income ETF (AIPI) FAQ

What is the stock price today?

The current price is $43.43.

On which exchange is it traded?

Rex AI Equity Premium Income ETF is listed on NASDAQ (NMS).

What is its stock symbol?

The ticker symbol is AIPI.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0%.

What is its market cap?

As of today, the market cap is 296.52M.

Has Rex AI Equity Premium Income ETF ever had a stock split?

No, there has never been a stock split.

Rex AI Equity Premium Income ETF Profile

- Industry
Financial Services Sector
- CEO
NASDAQ (NMS) Exchange
- ISIN
United States Country
- Employees
- Last Dividend
- Last Split
- IPO Date

Overview

The fund is an investment vehicle that primarily focuses on leveraging the opportunities presented by AI leaders. By dedicating at least 80% of its net assets, along with any borrowings for investment purposes, towards securities included in the BITA AI Leaders Select Index, the fund aims to capitalize on the growth and innovation in the AI sector. It adheres to its investment strategy rigorously, irrespective of adverse market, economic, or other challenging conditions, and does not intend to take temporary defensive stances during such times. This approach signifies a commitment to long-term investment in AI technologies, despite potential short-term fluctuations. Furthermore, its status as a non-diversified fund allows for a more concentrated investment strategy, focusing significantly on securities that it believes have substantial growth potential in the AI field.

Products and Services

  • Securities Investment

    The fund primarily invests in securities that are part of the BITA AI Leaders Select Index. These securities represent companies at the forefront of AI technology and innovation. The investment strategy focuses on harnessing the growth potential of AI leaders, aiming to generate returns that align with the advancements and financial success of companies within the AI industry.

  • Concentrated Investment Approach

    As a non-diversified fund, it boasts a concentrated investment approach, focusing on a limited number of securities. This strategy allows the fund to make significant investments in its picks, potentially leading to higher returns. However, it also involves a higher level of risk compared to diversified funds, as the fund's performance is more closely tied to the selected securities' fortunes.

  • Long-Term Investment in AI

    By committing to its investment strategy under all market conditions and avoiding temporary defensive positions during downturns, the fund showcases a long-term investment horizon in the AI sector. This principle reflects an understanding that, while AI technologies and companies may experience short-term volatility, their long-term growth trajectory is expected to be positively significant.

Contact Information

Address: -
Phone: -