AKAF ETF — The Frontier Economic Fund

The Frontier Economic Fund (AKAF)

Updated October 16, 2026.

AKAF is a low-cost ETF. its distribution rate is 1.42%, its trailing-12-month yield is 3.38%, its expense ratio is 0.20%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 27.8% over the past 1.3 years, 1.4 points ahead of SPY at 26.4%.

The Frontier Economic Fund is an ETF that employs an indexing strategy to track the performance of an index selecting companies with significant business activities connected to Alaska, including those involved in the state's economic development, natural resource use, local operations, and government-related initiatives. The fund distributes dividends quarterly at a modest current distribution rate and carries a low expense ratio of 0.20%. The fund is non-diversified and may appeal to investors seeking exposure to Alaska-focused equities and income from quarterly distributions.

AKAF performance versus SPY

Price and return data through 2026-10-16.

Total return is 27.8% over the past 1.3 years, 1.4 points ahead of SPY at 26.4%. Its deepest 1-year drawdown was 9.3%.

AKAF key facts

Distribution Safety Score™

50 · Unproven

Issuer

Vident Financial

Asset type

ETF

Asset class

Equity

Inception date

06/25/2025

Expense ratio

0.20%

Distribution rate

1.42%

Distribution frequency

Quarterly

Trailing yield

3.38%

Last close

$31.45 (as of 2026-10-16)

AUM

$2,827,868

Average volume

206.0

Dividend

$0.112

Ex-dividend date

09/17/2026

Payment date

09/18/2026

Beta

0.9369

How Dividend Vision calculates yield and returns

Distribution rate (1.42%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.38%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Vident Financial; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AKAF risks and drawbacks

AKAF's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 9.3%.

Who may consider AKAF — and who may not

AKAF may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (AKAF pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on AKAF

• All tickers starting with A

Tagged: Emerging Markets, International.

Frequently asked questions

More securities from Vident Financial.