GraniteShares Short Term Box ETF ("LBOX") is an actively managed ETF designed as a low-cost potential alternative to money market funds and short-term, conservative fixed income allocations. LBOX seeks capital appreciation using box spreads a market-neutral options strategy, historically used by institutional market participants, that combinessynthetic long and synthetic short options positions on the same reference asset to lock in a fixed, bond-like payoff at expiration. The Fund targetsshort-duration box spreads using FLEX Optionsthat seeking T-bill-like returns while seeking to avoid annual income distributions.
The LBOX ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.