Simplify Propel Opportunities ETF uses a changing mix of market exposures and derivatives. Its current approach can produce investment results and cash that look very different from ordinary portfolio income, and older periods may reflect a different strategy.
Business
Tactical opportunities ETF
Listing
SURI · NYSE Arca
Reporting period
2026-06-30
Dividend schedule
Quarterly
How the business works
Portfolio income after expenses appears in net investment income. Derivative and trading outcomes are separate parts of the return, and earlier strategy periods should not be joined into one seamless trend.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Net investment income-$0.26
Jul 1, 2025 to Jun 30, 2026
-$0.26$0.00
Distribution yield14.16%Sourced distributions divided by dated market priceReported annual income yield-1.45%Reported net investment income $-0.2600 per share for 2025-07-01 to 2026-06-30, divided by approved 2026-06-30 market price $17.8950. Excludes capital gains; historical, not a current yield or forecast.Reported annual investment income$-0.26Per share for 2026 FY. Excludes investment gains.Trailing 12-month distributions$2.72Recorded recurring payments per share, not a forecast
Dividend payment history
Date or month
Per share
Sep 30, 2026
$0.68
Reported earnings and sources
Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.
Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.
NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.
How to read SURI income
Changes in asset allocation and realized gains can matter as much as dividends or interest. Net investment income is one part of the picture.
Compare results within the same investment strategy and reporting period. A strategy change can make older figures less useful.
Income and distributions
Income and cash distributions per share for the same dated periods. Shorter periods are kept separate and are not annualized. Changes in asset allocation and realized gains can matter as much as dividends or interest. Net investment income is one part of the picture.
Fund net investment income per common share; actual reporting period, not annualized−$0.2600
Total cash distributions in the same period$2.7200
$-0.30$2.80
For the year ended June 30, 2026, SURI reported a $0.26 net investment income loss and $2.72 of distributions per share. Net asset value rose from $15.03 to $18.01. The cash payment and stronger ending value must be read with derivative results and company payment components, not judged from the negative income line alone.
Portfolio interest and dividends, realized investment results and any derivative activity contribute to distribution resources after expenses. Taxable income and cash distributions can differ from reported net investment income.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
Simplify Propel Opportunities ETF reported $-0.2600 per share for 2025-07-01 to 2026-06-30, measured as Fund net investment income per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Income and capital are exposed to allocation decisions, derivative losses and limited comparability across strategy changes.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Payments can change and can include gains or return of capital. A high trailing yield does not establish earnings coverage or total return.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
At the next full-year report, compare current-strategy trading results and cash paid with reported payment components and net asset value.
Net asset value (NAV)
NAV per share$17.36Sep 29, 2026Market price$17.46Sep 29, 2026PREMIUM / DISCOUNT TO NAV0.58% premiumCalculated from the displayed same-date values.
NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.
Simplify reported ETF NAV and market price, both dated 2026-09-29. The published premium or discount agrees with the calculation within source rounding. Older audited NAV history remains unchanged.
At the next full-year report, compare current-strategy trading results and cash paid with reported payment components and net asset value.
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U.S. federal · Tax year 2025
Dividend tax treatment
The fund's 2025 distributions were mainly return of capital. The mix can change from year to year.
This company information is a guide, not your personal tax statement. Use your Form 1099-DIV when you file.
Ordinary, nonqualified
0%
Qualified dividends
0%
Capital-gain distributions
0%
Return of capital
100%
Tax year: 2025. Total distributions: $2.72 per share.
Tax details and source
Total ordinary dividends (includes qualified)
0%
Section 199A portion (within ordinary dividends)
0%
Exempt-interest distributions
0%
Reporting form
Form 1099-DIV
Source date
2026-02-02
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
