AUGZ ETF — TrueShares Structured Outcome (August) ETF

TrueShares Structured Outcome (August) ETF (AUGZ)

AUGZ is an ETF. its distribution rate is 3.34%, its trailing-12-month yield is 3.34%, its expense ratio is 0.79%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 105.7% over the past 6.2 years, 46.8 points behind SPY at 152.5%.

At the current 3.34% distribution rate, a $10,000 investment would generate approximately $334 per year if the next payment matches the last regular one.

AUGZ is an actively-managed ETF that uses options strategies on the S&P 500 Index, purchasing call options and selling put options that roll over on a monthly basis. The fund carries a moderate current distribution rate and distributes annually, with an expense ratio of 0.79%. It appeals to investors seeking equity exposure through structured options strategies rather than traditional stock ownership.

AUGZ performance versus SPY

Price and return data through 2026-09-30.

Total return is 105.7% over the past 6.2 years, 46.8 points behind SPY at 152.5%. Over the past year its total return — price change plus distributions reinvested — is 10.8%. Its deepest 1-year drawdown was 7.2%.

AUGZ key facts

Distribution Safety Score™

50 · Unproven

Issuer

TrueShares

Asset type

ETF

Asset class

Equity

Inception date

07/31/2020

Expense ratio

0.79%

Distribution rate

3.34%

Distribution frequency

Annual

Trailing yield

3.34%

Last close

$45.98 (as of 2026-09-30)

NAV

$46.02

Premium / discount

0.09% discount

AUM

$43,802,739

Average volume

66.0

Last dividend

$1.534

Last ex-dividend date

12/24/2025

Last payment date

12/26/2025 (as of 2025-12-26)

Beta

0.75

P/E ratio

27.1323

How Dividend Vision calculates yield and returns

Distribution rate (3.34%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.34%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. 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.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: TrueShares; 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.

AUGZ risks and drawbacks

AUGZ's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.2%.

Who may consider AUGZ — and who may not

AUGZ may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (AUGZ pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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