The VistaShares Target 15™ Berkshire Select Income ETF is rated Buy for its unique high-yield, value-oriented income strategy rooted in Berkshire Hathaway's top holdings. OMAH targets a 15% annual distribution rate using covered call and options strategies on blue-chip, mostly non-dividend-paying stocks, delivering monthly income. Recent portfolio turnover and sector rotation reflect active management, with reduced technology exposure and increased focus on financials and communications.
The VistaShares Target 15 Berkshire Select Income ETF (OMAH) remains a Hold, offering defensive qualities but lacking near-term upside catalysts. OMAH's aggressive ~100% option overwrite strategy supports a high ~15% payout but leads to gradual NAV erosion, especially as underlying holdings yield little. Recent portfolio shifts have reduced financials and staples exposure, increasing vulnerability to macro risks like rates and oil normalization.
The VistaShares Target 15 Berkshire Select Income ETF blends Berkshire Hathaway-style stock selection with a unique and aggressive options overlay. OMAH buys Berkshire's top 20 public stocks plus ~10% BRK.B and sells options against them for a 15% target. I rate it a Hold; it goes in the too-hard pile. The weighting misaligns with Berkshire on every holding but Chevron, underweighting Buffett's biggest bets and overweighting his smallest. Berkshire's look-through scores higher on nearly every metric except forward P/E.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 70,514 | $1.3M | $1.27M | -$33,143.42 | -2.55% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 7,619 | $142,324.72 | $136,913.43 | -$5,411.29 | -3.8% |
Daniel Russell Naviter Wealth LLC | 29,830 | $557,224.4 | $540,370.45 | -$16,853.95 | -3.02% |
Kimberly Cappellano Private Wealth Asset Management LLC | 374 | $7,203 | $6,758.18 | -$444.82 | -6.18% |
Jeffrey Gilbert Balboa Wealth Partners | 27,756 | $534,580.56 | $501,689.73 | -$32,890.83 | -6.15% |