XFUNDS Files for Value Equity ETF With Options Income Overlay

The XFUNDS Value Income ETF (VTVX) combines a portfolio of U.S. value stocks and value-focused ETFs with options strategies designed to generate income and manage risk. The fund will primarily invest in large-cap value companies, while retaining flexibility to allocate to mid- and small-cap value stocks. Options strategies, including put spreads, call spreads, short calls, and cash-secured puts, will seek to generate recurring premium income that supports distributions. The non-diversified fund will hold Treasuries and cash as collateral, and distributions may include return of capital, which can erode NAV over time.