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.
VistaShares Target 15 Berkshire Select Income ETF offers a 15% yield via an options strategy on Berkshire Hathaway's top holdings. OMAH's income and NAV have been stable, but its total returns lag peers and the S&P 500, especially during strong market rallies. The ETF's high expense ratio (0.95%) and lower Technology exposure limit its appeal versus lower-cost, better-performing competitors.
The VistaShares Target 15 Berkshire Select Income ETF is my second favorite covered call ETF, closely following MLPI. OMAH constructs its portfolio from the top 20 Berkshire Hathaway holdings, with a ~10% allocation to BRK.B itself. The fund employs out-of-the-money covered calls on individual holdings, targeting a 15% annualized yield with dynamic management.
The pitch for the VistaShares Target 15 Berkshire Select Income ETF (NYSEARCA:OMAH) is almost too clever to ignore.
VistaShares Target 15 Berkshire Select Income ETF offers a 15% annualized yield via option writing on a value-oriented, Berkshire-centric portfolio. OMAH suits investors prioritizing income stability and capital preservation over maximum total return, especially retirees seeking consistent monthly payouts. The fund's limited tech exposure and capped upside mean likely underperformance versus index-tracking, tech-heavy peers in strong bull markets.
Buffett famously refuses to pay a dividend on Berkshire Hathaway because he can compound your cash better than you can.
VistaShares Target 15 Berkshire Select Income ETF (NASDAQ:OMAH) targets a specific investor: the retiree who wants Warren Buffett's playbook without Berkshire's $300 billion-plus cash drag and needs monthly income.
The OMAH ETF offers high monthly income by selling calls on Berkshire Hathaway and its top holdings, targeting a 15% annual yield. The fund sacrifices upside potential for consistent income, making it suitable for income-focused investors rather than those seeking capital appreciation. Key risks include OMAH's short track record, potential NAV erosion, concentration risk, and higher fees compared to owning Berkshire directly.
OMAH paid out $0.23225 per share yesterday, the latest in a string of monthly distributions designed to hit a 15% annualized yield.
Most investors know Berkshire Hathaway as Warren Buffett's legendary holding company.