ETF Strategies

Prospera Income ETF (THRV)

The Prospera Income ETF (THRV) is a flexible, “go anywhere” actively managed income strategy focused on delivering consistent monthly income. THRV is designed to deliver consistent monthly income by anchoring its portfolio in a core allocation of high-quality fixed income ETFs. These positions provide structural stability, daily liquidity, and efficient access to segments of the bond market across the yield curve. Around this foundation, the fund tactically allocates to closed-end funds (CEFs), dividend-paying equities, preferred shares, real assets, and commodities each carefully selected to enhance yield, diversify risk, and add resilience against inflationary pressures.

To help cushion the impact of market downturns, the strategy maintains an “Always On” protection layer with 0.25% of the portfolio in protective puts. This hedge is scalable up to 10% in periods of heightened volatility to buffer drawdowns and preserve capital. 

For those seeking a professional, proactive investment for higher yield, the Prospera Income ETF could be a unique solution in actively managed portfolios.

Securities offered through Vigilant Distributors, LLC, member of FINRA/ SIPC.

Please see Prospectus and SAI for full list of risks and disclosures.

Strategy at a Glance

Income first. Stability by design.

THRV is an actively managed income ETF that anchors 30–50% in high-quality fixed-income ETFs for daily liquidity and structural stability. Around that core, we tactically add closed-end funds (CEFs), dividend-paying equities, preferreds, and real-asset exposures to broaden yield sources and reduce concentration risk. A rules-based “Always On” protection layer maintains ~0.25% in protective puts and can scale up to 10% in stressed regimes to help cushion drawdowns.

  • 40-60% ETFs

  • CEFs, Dividend-Paying Equities, Preferreds, Real Assets

  • Hege Layer: 0.25% of the portfolio will be “Always On” with the ability to scale → up to 10% of the portfolio into a protective hedge under times of stress

Fund Basics

  • “Go anywhere” Actively Managed Income ETF

  • Utilizes High Quality Fixed Income ETFs as a Core holding and build a diversified income sources around it

  • Investment team has flexibility to actively trade across asset classes & sectors to optimize distributions

Fund Strategy

  • Seek to provide distributions 3-4% above 10- year Treasury

  • •Hedge

    •Diversification

    •Asset Allocation

  • To broader equity markets, targeted low beta exposure

  • Fixed Income ETFs

    CEFs

    Dividend paying Equities

    ADRs/International

    Real Assets / Commodities

Fund Characteristics

30-50%

At the Core: Invested in Fixed Income ETFs

Remainder of the portfolio is tactically allocated to Closed-End Funds (CEFs), Dividend paying equities, & other income generating securities.

Hedge:  The strategy maintains an ‘Always On’ protection layer, with 0.25% of the portfolio in protective puts. This hedge is scalable up to 10% in periods of heightened volatility to help cushion drawdowns and preserve capital

Complementing The Core

Closed End Funds

Selective CEF exposure for specialized income, discount capture, active credit, and structural yield managed within strict risk/position limits and liquidity screens.

Preferred Securities

Yields that sit between bonds and common equity, with emphasis on structure, call features, and issuer quality

Dividend-Paying Equities

Quality balance sheets, durable cash flows, and payout discipline for complementary equity-linked income.

Real Assets and Commodities

Selective, income-oriented real assets (e.g., pipelines/infrastructure, royalty trusts) for inflation sensitivity and diversified cash flows. No speculative commodity bets.

Always On Protection

While the primary focus of the Prospera Income ETF is to generate stable monthly income, we recognize that drawdowns especially during macro stress can significantly impair future income generation. This is the reason the strategy maintains “Always On” protection with 0.25% of the portfolio in equity index or ETF puts. In times of extreme stress we reserve the ability to allocate up to 10% of the portfolio to protective puts on equity indices and ETFs or call options on volatility instruments like the VIX.

  • Insurance you own in advance is cheaper and more effective than insurance you buy during a downturn.

  • When our regime detection model forecasts increasing probabilities of a change towards “Risk-Off”, increased credit risk, realized/implied volatility gaps open

  • The baseline layer is budgeted for 0.25%, the scaling is opportunistic and rules-driven to balance protection vs. cost of carry

  • Quantitative and Fundamental screens for yield, income durability, liquidity and factor balance across all asset classes

  • Top down allocation bands around the core, we build the portfolio across the asset mix we find attractive from a yield and risk perspective and then optimize our portfolio for risk.

  • The portfolio restricts features such as volatility, beta, maximum drawdown and concentration. These factors are monitored and re-balanced on a weekly basis.

  • Our strategy is actively managed, we are not a set and forget passive portfolio and we opportunistically trade around our positions or reduce position weightings daily. This approach enhances our ability to generate yield sustainably.

Our Process

Research. Construction. Risk. Trading.

Disclosures

Our Vision for THRV ETF

THRV is pronounced “thrive” – and the fund is built around that core concept, meaning:

Designed for Lower Volatility – because you can’t thrive without stability

With Meaningful & Consistent Monthly Income  to live life on your own terms

Prospera Income ETF (THRV) aims to provide monthly distributions to shareholders, while prioritizing NAV stability over time.

  • Seeks to provide cash distribution equal to 3-4% above the 10-year treasury

  • The fund holds a broad mix of fixed income ETFs, dividend paying equities,  US Treasuries, ADRs, CEFs and other income-producing assets, helping to reduce concentration risk and enhance yield potential

  • “Always on” protection layer with 0.25% of the portfolio in protective put.  This is scalable up to 10% in periods if heightened volatility to buffer drawdowns and preserve capital.

  • THRV's management has the flexibility to shift across asset classes and sectors to take advantage of changing market conditions, aiming to optimize returns and reduce risk

  • Managed by a seasoned team with over 23 years of experience in this strategy, they’ve successfully navigated bull and bear markets alike, ensuring active oversight and risk management

In one strategic package, THRV delivers a unique opportunity for investors seeking stability, income, and risk diversification.

Securities offered through Vigilant Distributors, LLC, member of FINRA/ SIPC.

There is no guarantee that the Fund will achieve its investment objective. An investment in the Fund involves a high degree of risk, including the potential loss of the entire investment. The Fund is subject to the risks of its underlying funds in addition to general economic and market conditions. The Fund and its service providers are subject to operational and cybersecurity risks. Past performance does not guarantee future results.

The options overlay strategy is implemented using a proprietary rules-based model developed by the Fund's adviser. This model evaluates market volatility regimes, macroeconomic indicators, and technical risk signals to calibrate hedging exposures dynamically. There is no guarantee that the hedge will be successful or that it will reduce losses during future market downturns. Derivative instruments, including index puts and VIX call options, involve additional risks and may increase portfolio volatility. Past performance does not guarantee future results.

ETFs are subject to market risk, including the loss of principal. Diversification does not guarantee protection against loss.

Before investing, carefully consider the Fund’s investment objectives, risks, charges, and expenses. This and other important information is contained in the Fund’s Prospectus. Please read the prospectus carefully before investing.

Securities offered through Vigilant Distributors, LLC, member of FINRA/ SIPC.

This advertisement does not constitute an offer to sell, nor a solicitation of an offer to buy the securities described herein.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE ON BOTH.