{
 "ticker": "SEPI",
 "name": "Shelton Equity Premium Income ETF",
 "issuer": "Shelton",
 "desk": "income",
 "url": "https://etfiq.com/funds/sepi",
 "html": "https://etfiq.com/funds/sepi",
 "markdown": "https://etfiq.com/funds/sepi.md",
 "as_of": "2026-09-11",
 "verdict": "Over the year to Sep 11, 2026, SEPI paid 7.6% in cash and finished 4.7 points ahead of SPY.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "7.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SEPI, cash paid, 1 year, on its starting price: 7.6%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+22.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SEPI, total return, 1 year: +22.2%, as of Sep 11, 2026."
  },
  {
   "key": "against_spy",
   "label": "Against SPY",
   "value": "+4.7 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SEPI, against SPY: +4.7 pts, as of Sep 11, 2026."
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "8.3%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SEPI, latest payout, annualized: 8.3%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$152m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "SEPI, net assets: $152m (SEC filing, whole fund, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.54%",
   "source": "485BPOS XBRL, Apr 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "SEPI, expense ratio: 0.54% (485BPOS XBRL, Apr 30, 2026)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "S&P 500 (SPY)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$152m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "8.3%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.54%",
   "source": "485BPOS XBRL, Apr 30, 2026"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "6.6%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Sep 8, 2025",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "typical_gap_between_ex_dates",
   "label": "Typical gap between ex-dates",
   "value": "30 days",
   "source": null
  },
  {
   "key": "typical_wait_from_ex_date_to_payment",
   "label": "Typical wait from ex-date to payment",
   "value": "2 days",
   "source": null
  },
  {
   "key": "last_paid_per_share",
   "label": "Last paid, per share",
   "value": "$0.2 ex Aug 28, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_10_distributions",
   "label": "Sum of the last 10 distributions",
   "value": "$1.92",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "2.2%",
   "Price": "+3.9%",
   "Total return": "+6.2%",
   "SPY": "+3.3%",
   "Ahead or behind": "+2.9 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "4.7%",
   "Price": "+13.9%",
   "Total return": "+18.9%",
   "SPY": "+16.0%",
   "Ahead or behind": "+2.9 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "7.6%",
   "Price": "+13.8%",
   "Total return": "+22.2%",
   "SPY": "+17.5%",
   "Ahead or behind": "+4.7 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "7.7%",
   "Price": "+15.8%",
   "Total return": "+24.3%",
   "SPY": "+19.1%",
   "Ahead or behind": "+5.2 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has SEPI paid over the last year?",
   "a": "Over the year to Sep 11, 2026, SEPI paid 7.6% of its starting price in cash distributions, while the price rose 13.8%."
  },
  {
   "q": "Is SEPI ahead of SPY?",
   "a": "Over the year to Sep 11, 2026, with every distribution reinvested, SEPI returned +22.2% against +17.5% for S&P 500 (SPY), so a holder was ahead of it by 4.7 points."
  },
  {
   "q": "How often does SEPI pay, and how much?",
   "a": "SEPI pays monthly. The latest distribution annualizes to 8.3% at its price on Sep 11, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "When does SEPI next pay a distribution?",
   "a": "SEPI pays monthly. The last distribution went ex on Aug 28, 2026 at $0.2 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Sep 28, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days."
  },
  {
   "q": "What does SEPI cost?",
   "a": "The prospectus expense ratio is 0.54% a year."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}