USTX
Overview
Assets Under Management
$116.29M
NAV per Share
$10.191583
7-Day Yield 1
5.36%
Management Fee 2
0.15%
The XFT Short Duration US Government Securities Fund (the
“Fund”) offers Qualified
Purchasers access to short-duration Treasury Bills and Agency securities. The Fund’s
investment objective is to seek current income as is consistent with liquidity and
stability of principal, targeting returns in line with the federal funds rate. Ownership
in the Fund is represented by an ERC-20 token, USTX. Subscriptions and redemptions are
facilitated through USD or USDC, with liquidity each market day. 3
For more information on the mechanics behind USTX see our
Knowledge Base
Historical Data
Network Details
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Ethereum |
|
|
Book-Entry |
Shares 74,210.22 (0.65%) |
Fund Service Providers & Structure
|
Custodian |
UMB Bank, N.A. |
|
Auditor |
Ernst & Young LLP |
|
NAV Calculation Agent |
NAV Consulting, Inc. |
|
Investment Manager |
X Financial Technologies Inc. |
|
Sub-Advisor |
Federated Hermes, Inc. |
|
Domicile |
United States |
|
Structure |
The Fund is a series of a Delaware Statutory Trust |
|
Eligible Investors |
Qualified Purchasers in supported jurisdictions |
Holdings
4As of 05/17/2024
|
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|
|
|
|---|---|---|---|---|
| FHLB Discount 5/21/2024 | 21-May-2024 | 5.3575% | $19,767,035.00 | 18.63% |
| U.S. Treasury Bill 05/21/2024 | 21-May-2024 | 5.3414% | $3,124,531.00 | 2.95% |
| U.S. Treasury Bill 05/21/2024 | 21-May-2024 | 5.3901% | $1,149,828.00 | 1.08% |
| U.S. Treasury Bill 05/23/2024 | 23-May-2024 | 5.4005% | $6,017,351.00 | 5.67% |
| U.S. Treasury Bill 05/28/2024 | 28-May-2024 | 5.4049% | $9,309,189.00 | 8.78% |
| U.S. Treasury Bill 05/30/2024 | 30-May-2024 | 5.4064% | $1,053,470.00 | 0.99% |
| U.S. Treasury Bill 06/04/2024 | 04-Jun-2024 | 5.3850% | $5,986,920.00 | 5.64% |
| U.S. Treasury Bill 06/06/2024 | 06-Jun-2024 | 5.4064% | $3,461,429.00 | 3.26% |
| U.S. Treasury Bill 06/11/2024 | 11-Jun-2024 | 5.3978% | $3,100,017.00 | 2.92% |
| U.S. Treasury Bill 06/13/2024 | 13-Jun-2024 | 5.4064% | $3,363,188.00 | 3.17% |
| U.S. Treasury Bill 06/18/2024 | 18-Jun-2024 | 5.3799% | $19,915,200.00 | 18.77% |
| U.S. Treasury Bill 06/18/2024 | 18-Jun-2024 | 5.4073% | $4,978,800.00 | 4.69% |
| U.S. Treasury Bill, 06/20/2024 | 20-Jun-2024 | 5.4013% | $4,151,110.00 | 3.91% |
| U.S. Treasury Bill 06/25/2024 | 25-Jun-2024 | 5.4073% | $4,948,931.00 | 4.67% |
| U.S. Treasury Bill 06/27/2024 | 27-Jun-2024 | 5.4013% | $7,756,632.00 | 7.31% |
| U.S. Treasury Bill 07/02/2024 | 02-Jul-2024 | 5.4021% | $3,577,356.00 | 3.37% |
| U.S. Treasury Bill 07/05/2024 | 05-Jul-2024 | 5.3892% | $1,986,540.00 | 1.87% |
| U.S. Treasury Bill 07/11/2024 | 11-Jul-2024 | 5.3832% | $1,488,630.00 | 1.40% |
| U.S. Treasury Bill 07/16/2024 | 16-Jul-2024 | 5.4021% | $9,341,531.00 | 8.81% |
| U.S. Treasury Bill 07/16/2024 | 16-Jul-2024 | 5.3897% | $1,487,505.00 | 1.40% |
| U.S. Treasury Bill 07/18/2024 | 18-Jul-2024 | 5.4093% | $1,982,800.00 | 1.87% |
| U.S. Treasury Bill 07/25/2024 | 25-Jul-2024 | 5.4145% | $990,380.00 | 0.93% |
| U.S. Treasury Bill 07/30/2024 | 30-Jul-2024 | 5.3844% | $989,650.00 | 0.93% |
| U.S. Treasury Bill 08/01/2024 | 01-Aug-2024 | 5.4093% | $989,360.00 | 0.93% |
| U.S. Treasury Bill, 08/06/2024 | 06-Aug-2024 | 5.3791% | $1,977,280.00 | 1.86% |
| U.S. Treasury Bill 08/13/2024 | 13-Aug-2024 | 5.4107% | $987,630.00 | 0.93% |
| U.S. Treasury Bill 08/15/2024 | 15-Aug-2024 | 5.4018% | $6,985,289.00 | 6.58% |
| U.S. Treasury Bill 08/15/2024 | 15-Aug-2024 | 5.4093% | $2,468,300.00 | 2.33% |
| U.S. Treasury Bill 08/20/2024 | 20-Aug-2024 | 5.4212% | $986,600.00 | 0.93% |
| U.S. Treasury Bill 08/27/2024 | 27-Aug-2024 | 5.4212% | $985,590.00 | 0.93% |
| U.S. Treasury Bill 09/17/2024 | 17-Sep-2024 | 5.4160% | $2,088,216.00 | 1.97% |
Disclaimers
Past performance does not guarantee future results.
The XFT Short Duration US Government Securities Fund (“USTX”) will be limited to Investors
that meet certain criteria. Investors will be required to provide certain personal and financial
information before eligibility to participate in this offering is determined. The information
gathered is to ensure compliance with applicable laws including anti-money laundering as well
as “qualified purchaser” status, as defined under the Investment Company Act of 1940, and “accredited
investor” status, as defined under the Securities Act of 1933. No investment should be made
until offering and Fund related documents, which are available upon request, are thoroughly
reviewed and understood.
1 7 Day Yield is reflective of the accrued net income from the Fund’s underlying holdings over the past seven days divided by the average outstanding shares for that same period, divided by the last calculated NAV of the Fund, and then annualized. This 7 Day Yield calculation is inclusive of fees and expenses, which are not accrued until the Fund reaches a $200 million Net Asset Value. The return of the Fund’s underlying holdings are variable and will vary.
2 Management Fee will not accrue until the Fund reaches a $200 million Net Asset Value; once reached, the management fee will accrue daily. This is not inclusive of all fees and expenses that may be incurred by investing in the Fund.
3 USTX purchases and redemptions are made in U.S. Dollars. USDC facilitation is done through Circle, a third party. Daily liquidity facilitated through USDC is subject to risks as outlined within USTX’s Offering Documents.
4 Portfolio holdings are shown as of the date indicated and are unaudited. Since market conditions fluctuate suddenly and frequently, the portfolio holdings may change and this list is not indicative of future portfolio composition. These portfolio holdings are not intended to be and do not constitute recommendations that others buy, sell, or hold any of the securities listed.