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Prospera Funds Inc. has launched its inaugural ETF, the Prospera Income ETF (NASDAQ: THRV), designed to deliver monthly distributions 3-4% above the 10-year U.S. Treasury yield. The actively managed fund combines high-quality fixed income ETFs with tactical allocations to CEFs, dividend stocks, preferred shares, REITs, and commodities.
Led by industry veteran Peter Montalbano, with over 24 years of experience, the ETF features an 'Always On' protection strategy, maintaining 0.25% in protective puts that can be increased to 10% during volatile periods. The investment team, with 60+ years of combined experience, includes co-portfolio managers Michael Lowenberg and Kris Wild.