LIBD ETF — Stone Ridge 2065 Inflation-Protected Longevity Income ETF

Stone Ridge 2065 Inflation-Protected Longevity Income ETF (LIBD)

LIBD is an ETF. As of August 19, 2026, its distribution rate is 3.88%, its trailing-12-month yield is 11.91%, its expense ratio is 0.25%. Dividend Vision Distribution Safety Score™ is 53/100 (Caution). Fund total return is 0.1% over the past 1.6 years, 31.0 points behind SPY at 31.1%.

At the current 3.88% distribution rate, a $10,000 investment would generate approximately $388 per year, or $32.33 per month on an equivalent basis.

Stone Ridge 2065 Inflation-Protected Longevity Income ETF is an ETF that invests primarily in Treasury Inflation-Protected Securities (TIPS) and money market funds holding U.S. government securities, designed to provide inflation-adjusted income. The fund distributes monthly and carries a modest current distribution rate with an expense ratio of 0.25%. It appeals to income investors seeking inflation protection and exposure to U.S. government debt securities.

LIBD performance versus SPY

Data as of August 19, 2026.

Fund total return is 0.1% over the past 1.6 years, 31.0 points behind SPY at 31.1%. Its deepest 1-year drawdown was 7.7%.

LIBD key facts

Data as of August 19, 2026.

Distribution Safety Score™

53 · Caution

Safety-Adjusted Yield

2.06%

Issuer

Stone Ridge

Asset type

ETF

Asset class

Fixed Income

Inception date

01/03/2025

Expense ratio

0.25%

Distribution rate

3.88%

Distribution frequency

Monthly

Trailing yield

11.91%

Last close

$266.07

AUM

$4,365,692

Average volume

11.0

Last dividend

$0.8596

Ex-dividend date

08/04/2026

How Dividend Vision calculates yield and returns

Distribution rate (3.88%) 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 (11.91%) 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. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Stone Ridge; 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.

LIBD risks and drawbacks

LIBD's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.7%.

Who may consider LIBD — and who may not

LIBD may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for 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 funds from Stone Ridge.