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Empowered Funds (NYSE: STXI) announced scheduled liquidation and delisting of Strive International Developed Markets ETF (STXI) and Strive Mid-Cap ETF (STXM), with funds closing to purchases after March 26, 2026 and a projected liquidation date on or about March 27, 2026.
Shareholders may sell on or before the Closing Date, distributions of cash pro rata are expected on or about March 30, 2026, and proceeds will generally be taxable as capital gain or loss.
Strive Asset Management, a $1.5 billion asset manager, has announced the launch of its latest fund, the Strive International Developed Markets ETF (NYSE: STXI), on June 27, 2024. The ETF tracks the Bloomberg Developed Markets ex US Large & Mid Cap Total Return Index, offering passive exposure to international markets outside the U.S. The fund integrates Strive's proxy voting and shareholder engagement strategies, focusing on maximizing investor value. Strive's CEO, Matt Cole, emphasized the fund's cost-effectiveness and benefits for a balanced investment portfolio. This launch follows Strive surpassing $1.5 billion in assets under management and the introduction of new retirement plans earlier this year.