MBOX ETF — Freedom Day Dividend ETF

Freedom Day Dividend ETF (MBOX)

Updated October 16, 2026.

MBOX is an ETF. its distribution rate is 1.64%, its trailing-12-month yield is 1.86%, its expense ratio is 0.39%. Dividend Vision Distribution Safety Score™ is 79/100 (Generally safe). Total return is 86.5% over the past 5.4 years, 11.1 points behind SPY at 97.6%.

Freedom Day Dividend ETF is an actively managed equity ETF that seeks to provide rising dividend income by investing at least eighty percent of its net assets in dividend-paying securities selected by its sub-adviser. The fund carries a modest current distribution rate paid quarterly and has an expense ratio of 0.39%. It appeals to income-focused investors seeking exposure to dividend-growth equities through active management rather than passive indexing.

MBOX performance versus SPY

Price and return data through 2026-10-16.

Total return is 86.5% over the past 5.4 years, 11.1 points behind SPY at 97.6%. Over the past year its total return — price change plus distributions reinvested — is 23.4%. Its deepest 1-year drawdown was 6.9%.

MBOX key facts

Distribution Safety Score™

79 · Generally safe

Safety-Adjusted Yield

1.30%

Issuer

Alpha Architect

Asset type

ETF

Asset class

Equity

Inception date

05/04/2021

Expense ratio

0.39%

Distribution rate

1.64%

Distribution frequency

Quarterly

Trailing yield

1.86%

Last close

$41.85 (as of 2026-10-16)

AUM

$149,164,992

Average volume

2060.0

Dividend

$0.17171

Ex-dividend date

09/28/2026

Payment date

09/30/2026

Beta

0.73

How Dividend Vision calculates yield and returns

Distribution rate (1.64%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.86%) 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: Alpha Architect; 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.

MBOX risks and drawbacks

MBOX'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. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 6.9%.

Who may consider MBOX — and who may not

It is a weaker fit for investors who need monthly cash flow (MBOX pays quarterly); 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.

More on MBOX

• All tickers starting with M

Tagged: Dividend.

Frequently asked questions

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