VistaShares is doubling down on its strategy of combining legendary stock pickers’ portfolios with strong income streams. The company has introduced the VistaShares Target 15 ACKtivist Distribution ETF (NYSE:ACKY), an actively managed ETF that seeks to duplicate billionaire Bill Ackman-founded Pershing Square Capital Management‘s publicly disclosed holdings while focusing on a 15% annual income, paid monthly.
The approach isn’t merely emulating a well-known investor. ACKY employs an options-based overlay that is structured to earn 1.25% in cash every month, literally converting a high-conviction equity basket into a yield engine. For income-starved investors who are leery of bonds in an evolving rate world, that mix of growth exposure and regular payouts is an increasingly winning sell.
