PPI ETF — Astoria Real Asset ETF

Astoria Real Asset ETF (PPI)

Updated October 9, 2026.

PPI is an ETF. its distribution rate is 1.33%, its trailing-12-month yield is 1.44%, its expense ratio is 0.57%. Dividend Vision Distribution Safety Score™ is 71/100 (Generally safe). Total return is 79.5% over the past 4.8 years, 5.3 points ahead of SPY at 74.2%.

At the current 1.33% distribution rate, a $10,000 investment would generate approximately $133 per year, or about $33.25 per quarter if the next payment matches the last regular one.

Astoria Real Asset ETF is an actively managed fund that invests at least 80% of its assets in companies deriving a majority of revenues, profits, or assets from real assets such as infrastructure, commodities, real estate, and natural resources. The fund carries a modest current distribution rate, pays distributions quarterly, and has an expense ratio of 0.57%. It may appeal to income investors seeking exposure to real asset-related companies, though the non-diversified structure concentrates holdings and carries greater risk than a diversified approach.

PPI performance versus SPY

Price and return data through 2026-10-09.

Total return is 79.5% over the past 4.8 years, 5.3 points ahead of SPY at 74.2%. Over the past year its total return — price change plus distributions reinvested — is 10.0%. Its deepest 1-year drawdown was 9.8%.

PPI key facts

Distribution Safety Score™

71 · Generally safe

Safety-Adjusted Yield

0.94%

Issuer

AXS

Asset type

ETF

Asset class

Equity

Inception date

12/30/2021

Expense ratio

0.57%

Distribution rate

1.33%

Distribution frequency

Quarterly

Trailing yield

1.44%

Last close

$20.41 (as of 2026-10-09)

AUM

$156,470,567

Average volume

25528.0

Dividend

$0.068

Ex-dividend date

09/24/2026

Payment date

09/28/2026 (as of 2026-09-28)

Beta

1.14

How Dividend Vision calculates yield and returns

Distribution rate (1.33%) 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 (1.44%) 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: AXS; 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.

PPI risks and drawbacks

PPI'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 9.8%.

Who may consider PPI — and who may not

It is a weaker fit for investors who need monthly cash flow (PPI pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from AXS.