REX Shares to Close and Liquidate Two Funds
Key Highlights
- ➤REX will close and liquidate ULTI and TLDR funds
- ➤Last trading day is November 6, 2026, at market close
- ➤Liquidation is expected on or about November 13, 2026
- ➤ULTI’s October 23, 2026 distribution will be its final weekly payout
- ➤ULTI management fees waived from October 23 through liquidation
ULTI and TLDR: last day of trading expected November 6, 2026, with the funds liquidating on or about November 13, 2026, and remaining shareholders receiving cash at net asset value within approximately 10 days thereafter.
REX Shares (“REX”) today announced that the Board of Trustees (the “Board”) of REX ETF Trust (the “Trust”), based on the recommendation of REX Advisers, LLC (the “Adviser”), has approved the closure and liquidation of the REX IncomeMax™ Option Strategy ETF (Nasdaq: ULTI) and the Laddered T-Bill ETF (Cboe BZX: TLDR). The Board determined that closing ULTI and TLDR is in the best interests of each fund and its shareholders. The Adviser will waive ULTI’s management fee for the remainder of the fund’s life, beginning October 23 through the Liquidation Date.
Get started
Create a free account to read the full story.