CLSM ETF — Cabana Target Leading Sector Moderate ETF

Cabana Target Leading Sector Moderate ETF (CLSM)

Updated October 9, 2026.

CLSM is an ETF. its distribution rate is 0.74%, its trailing-12-month yield is 0.74%, its expense ratio is 0.82%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 15.4% over the past 5.2 years, 76.3 points behind SPY at 91.7%.

At the current 0.74% distribution rate, a $10,000 investment would generate approximately $74 per year if the next payment matches the last regular one.

Cabana Target Leading Sector Moderate is an actively managed ETF that allocates its assets among other ETFs investing across the eleven sectors of the U.S. stock market, including technology, financials, healthcare, consumer discretionary, and utilities. The fund distributes annually at a modest current rate and carries an expense ratio of 0.82%. It appeals to equity investors seeking broad sector exposure through a fund-of-funds structure with active management.

CLSM performance versus SPY

Price and return data through 2026-10-09.

Total return is 15.4% over the past 5.2 years, 76.3 points behind SPY at 91.7%. Over the past year its total return — price change plus distributions reinvested — is 22.4%. Its deepest 1-year drawdown was 8.5%.

CLSM key facts

Distribution Safety Score™

50 · Unproven

Issuer

Cabana

Asset type

ETF

Asset class

Equity

Inception date

07/12/2021

Expense ratio

0.82%

Distribution rate

0.74%

Distribution frequency

Annual

Trailing yield

0.74%

Last close

$28.25 (as of 2026-10-09)

AUM

$98,274,358

Average volume

5316.0

Dividend

$0.209

Ex-dividend date

12/30/2025

Payment date

12/31/2025 (as of 2025-12-31)

Beta

0.89

How Dividend Vision calculates yield and returns

Distribution rate (0.74%) 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 (0.74%) 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.

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

Sources and review

Primary sources: Cabana; 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.

CLSM risks and drawbacks

CLSM'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 8.5%.

Who may consider CLSM — and who may not

It is a weaker fit for investors who need monthly cash flow (CLSM 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

More securities from Cabana.