VistaShares Target 15 Berkshire Select Income ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About OMAH
The Fund is an actively managed exchange-tradedfund (“ETF”) that seeks income, and secondarily, long term capital appreciation. The Fund’s strategy involves two components:(1) investing in a portfolio of equity securities based on the Solactive VistaShares Berkshire Select Index (the “Equity Strategy”);and (2) generating income through an options portfolio (the “Options Strategies”), each as described below. Primarily throughthe Fund’s Options Strategies, the Fund seeks to achieve an annual income target of 15% as described more below. The Fund’s strategies are overseen bythe Adviser and the Fund’s investment sub-adviser, VistaShares, LLC (“VistaShares”). VistaShares selects the equitysecurities for the Fund’s Equity Strategy, and the Adviser is responsible for implementing the Fund’s Options Strategies. Additionally, the Fund will maintain a minor allocationto cash or U.S. Treasuries, not exceeding ten percent of its total assets. Equity Strategy – VistaShares The Fund invests in equity securities (“UnderlyingSecurities”) selected by VistaShares. The Fund seeks long-term capital appreciation by generally investing in a focused portfolioof equity securities included in the Solactive VistaShares Berkshire Select Index (the “Index”). The Index reflects a selectgroup of twenty equity holdings that represent the publicly-disclosed investments of Berkshire Hathaway, a multinational conglomerateled by Warren Buffett, known for its value-oriented, long-term investment philosophy. The Index also includes an approximately 10% allocationto the stock of Berkshire Hathaway (NYSE: BRK.B). As a result, the Index is comprised of a total of 21 securities. In addition to BRK.B, the other twenty equitysecurities in the Index are generally considered to exhibit strong fundamentals and competitive advantages. Although the Fund’s portfolio is guidedby the Index, VistaShares actively manages the allocation of the Fund’s portfolio weightings to balance exposure across these equitypositions and to seek to enable the Fund to meet its target income level. However, because securities in the Index may exhibit low volatility,which could limit the Fund’s ability to achieve its target income level (as described below), the Fund may invest in securitiesnot currently included in the Index. Furthermore, if VistaShares determines that such approach is necessary to better meet its incometarget or to comply with regulatory requirements, the Fund may invest in securities outside the Index, provided these securities havebeen publicly disclosed as holdings by Berkshire Hathaway. VistaShares also monitors regulatory filings, such as 13F filings, and otherpublic disclosures to adjust the Fund’s allocations as needed. If the Fund invests outside the Index, it may hold between 21 and30 securities. The Fund will primarily invest in large-capitalization securities,defined as those with a market capitalization exceeding $10 billion. The Fund may also allocate investments to mid-capitalization securities,which are defined as securities with a market capitalization between $2 billion and $10 billion. Options Strategies – the Adviser The Fund seeks to generate income primarily throughthe use of options strategies involving options contracts on certain or all of its Underlying Securities. These strategies are expectedto derive the majority of the Fund’s yield, with the Fund aiming to achieve an annual income target of 15% (the “Annual 15%Target”). The Fund earns income by collecting premiumsfrom selling (writing) options. When an option is sold, the buyer pays the Fund for the right to either purchase or sell the underlyingasset at a predetermined price. The Adviser employs different options strategies based on its market outlook, selecting one or a combinationof strategies it believes will achieve the Fund’s income target, while also allowing for potential capital appreciation (growthin asset value). The Adviser also evaluates the performance of the Underlying Securities when choosing which options strategies to deploy. The specific options strategies the Fund employsmay alter its overall risk and return profile, affecting volatility, income, potential for capital appreciation, and the preservationof capital. For instance, by writing covered calls (selling call options on securities already held by the Fund), the Fund may limit itspotential gains in exchange for premium income. Premiums received from selling options areinfluenced by market volatility, with higher levels of volatility generally leading to higher premiums. As such, the Adviser carefullymonitors market conditions to determine when and which options strategies to implement, with a focus on enhancing the Fund’s incomegeneration. Through the active management of its options positions, the Adviser seeks to optimize the Fund’s ability to generateconsistent income. For additional information about options and options strategies, please the section in the Fund’s Prospectustitled “Additional Information About the Funds.” Treasuries In addition, the Fund will hold cash or short-termU.S. Treasury securities. These securities serve a dual purpose: providing collateral for the Options Strategies and contributing to theFund’s income generation. Why invest in the Fund? ● The Fund seeks to generate income at the Annual 15% Target, which is not dependent on the value of the Underlying Securities. ● The Fund seeks to participate in some of the potential gains experienced by increases in the share prices of the Underlying Securities. The Fund is classified as “non-diversified”under the 1940 Act. The Fund’s investment strategy is expected to result in high portfolio turnover on an annual basis. Under normal circumstances, the Fund will investat least 80% of the value of its net assets, plus borrowings for investment purposes, in a combination of equity securities included inthe Solactive VistaShares Berkshire Select Index or options contracts that provide exposure to those securities. For purposes of compliancewith this investment policy, derivative contracts will be valued at their notional value.
OMAH News
- OMAH Turned Buffett’s No-Dividend Portfolio Into a 15% Payout. Is It Income or Financial Sleight of Hand?
- OMAH Turned Buffett’s No-Dividend Portfolio Into a 15% Payout. Is It Income or Financial Sleight of Hand?
- VistaShares Target 15 Berkshire Select Income ETF (NYSEARCA:OMAH) Short Interest Update
- (OMAH) Price Dynamics and Execution-Aware Positioning
- Forget OMAH: Own Berkshire’s Holdings Directly for Zero Annual Fees Instead
- Forget OMAH: Own Berkshire’s Holdings Directly for Zero Annual Fees Instead
- Warning: The Buffett Portfolio Your OMAH ETF Copies Is Disappearing One 13F at a Time
- Warning: The Buffett Portfolio Your OMAH ETF Copies Is Disappearing One 13F at a Time
- The VistaShares Target 15™ Berkshire Select Income ETF (OMAH) Hits $1 Billion in Assets
- The VistaShares Target 15™ Berkshire Select Income ETF (OMAH) Hits $1 Billion in Assets
- This ETF Copies Buffett’s Portfolio and Pays You Monthly. Why Buffett Would Never.
- This ETF Copies Buffett’s Portfolio and Pays You Monthly. Why Buffett Would Never.
Data for OMAH is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.