MKAM ETF Educational Report

What this ETF is trying to do

MKAM is an Exchange Traded Fund (ETF) traded on the NASDAQ. While the specific investment goal isn't listed in the data, ETFs are tools used to collect a group of different investments into one single package.

What the numbers show

The current price of MKAM is $32.54. To understand how the price has moved, we can look at different timeframes:

• Year-to-Date (YTD): The share price has increased by approximately 5.84%.

• One Year: The share price grew by about 6.29%.

• Three Years: The share price increased by approximately 26.74%.

It is important to know the difference between price return and total return. Price return only tracks how much the share price itself went up or down. Total return includes both the price changes and any cash payments (distributions) made to investors.

For MKAM, the total returns are higher than the price returns:

• YTD Total Return: Approximately 7.65%.

• One Year Total Return: Approximately 9.18%.

• Three Year Total Return: Approximately 36.22%.

If you had invested in the price of this ETF roughly one year ago, the estimated starting price was $30.62.

Income and distribution explanation

Some investors look for ETFs that pay out cash, known as distributions. MKAM has a distribution yield of approximately 2.57%. This means the cash payments represent about 2.57% of the current share price. Over the last 12 months, the total trailing distributions were $0.84 per share. These payments usually happen quarterly, and in the last year, there were 4 payouts.

NAV erosion explanation

"NAV erosion" is a term used to describe when the value of an ETF's underlying assets decreases significantly over time. StockValueFinder uses an "erosion score" to measure this risk. For MKAM, the erosion score is 100, which is labeled as "No price erosion detected." There is no severe erosion-risk flag for this ETF.

Pros

• The ETF has shown positive price returns over the last year and three years.

• The total return is higher than the price return, meaning distributions have added value to the overall performance.

• The erosion-risk measurement is rated as "good."

Cons

• There are no specific top holdings listed in the provided data to show what companies the ETF owns.

Beginner takeaway

When looking at an ETF like MKAM, it is helpful to look at both the share price and the total return. The price tells you how much the "sticker price" of a share changed, while the total return shows you how much you actually gained when including cash distributions. Always remember that a high distribution yield is not the same thing as total return.