IncomeShares Monthly Update

December 2025 Performance

December Key Metrics

Total AUM

$114.6 M

+14.9% vs. Nov

Strong finish to the year, crossing $110M.

Trading Turnover

$34.5 M

Solid year-end activity

Annual turnover split: $159.6M LSE / $142.7M Xetra.

Cumulative Fund Flows

$126.1 M

+$16.5M in Dec

Inflows continued to rise every month of 2025.

Top Yield (Annualised)

80.10%

MicroStrategy (MSTY)

High volatility sustained strong yields.

Asset & Flow Deep Dive

AUM Drivers (Dec)

AUM grew to $114.6M, driven by $16.5M in new inflows, with a slight dip from market performance.

Top 5 Yields (Dec)

MicroStrategy led December, followed closely by Broadcom and Tesla.

Cumulative Fund Flows (2025 YTD)

Net inflows rose every single month in 2025, reaching $126.1M.

Total AUM Growth (2025 YTD)

Assets under management finished the year strong at $114.6M.

Trading Activity

Monthly ETP Turnover (2025 YTD)

December activity dipped slightly to $34.5M but remained strong overall for the year.

Turnover by Exchange (2025 Total)

For the full year, the London Stock Exchange (USD+GBP) edged out Xetra.

Annualised Distribution Yields (2025)

The heatmap below shows the monthly yields for the full year. Volatile assets like MicroStrategy and Coinbase delivered consistently high yields, while Gold and Treasuries provided stability.