SAN FRANCISCO & BOSTON & NEW YORK--()--VistaShares, an innovative asset manager seeking to disrupt the status quo in thematic exposures, income investing, and more, today announced the launch of its newest ETF: the VistaShares Target 15™ Berkshire Select Income ETF (OMAH).

The Fund adds an entirely new approach to the fast-growing category of equity- and options-powered strategies by providing investors with exposure to an equity portfolio designed to reflect a select group of the publicly disclosed investments of Berkshire Hathaway while an actively managed options overlay aims to achieve an annual income target of 15%, distributed 1.25% monthly.

“Warren Buffett is an icon to all generations of investors for what he has been able to accomplish during his long and illustrious career. Trying to ‘invest like Buffett’ has for decades been its own cottage industry, but now, for the first time, it is possible to have access to a Berkshire Hathaway-like portfolio that also seeks to deliver significant income,” said Adam Patti, CEO of VistaShares. “We consider OMAH to be a core equity holding with the added benefit of significant monthly income potential.”

The Fund seeks long-term capital appreciation by investing in a focused portfolio of equity securities included in the Solactive VistaShares Berkshire Select Index (the "Index"). The Index reflects a select group of the top 20 equity holdings that represent the publicly disclosed investments of Berkshire Hathaway, plus additional exposure directly to BRK.B. Although the Fund's portfolio is guided by the Index, VistaShares actively manages the allocation of the Fund's portfolio weightings to balance exposure across these equity positions and to seek to enable the Fund to meet its target income level. VistaShares also monitors regulatory filings, such as 13F filings, and other public disclosures to adjust the Fund's allocations as needed.

The Fund seeks to generate income primarily through the use of options strategies involving options contracts on certain or all of its Underlying Securities. These strategies, which are overseen by the highly experienced options trading team at Tidal Financial Group, are expected to derive the majority of the Fund's yield, with the Fund aiming to achieve an annual income target of 15%, paid out 1.25% monthly. Jay Pestrichelli, the Chief Trading Officer at Tidal Financial Group and the portfolio manager of many other highly acclaimed Income ETFs, will be the lead portfolio manager for the OMAH options overlay.

“This is an exciting launch and one we are very pleased to be a part of,” added Pestrichelli, who founded ZEGA Financial (a Nebraska-based firm), which was officially acquired by Tidal at the start of 2025. “Investors and advisors now clearly understand the role that a well-defined and well-constructed equity option strategy can play in meeting today’s most pressing income needs, and we’re thrilled to bring our options trading acumen to making OMAH a success.”

For more information and updates from VistaShares, please visit www.VistaShares.com and follow the firm on LinkedIn @VistaShares and on X @VistaSharesETFs.

About VistaShares
At VistaShares, we strive to deliver innovative investment solutions for today’s investors, helping them navigate evolving market opportunities with confidence. VistaShares ETFs are actively managed by industry and investment experts, offering two distinct strategies. Our Pure Exposure™ ETFs target technology-driven economic Supercycles™ that we believe are poised for significant growth. Additionally, our Target 15™ option-based income ETFs are designed to generate high monthly income while complementing a core equity portfolio.

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (844) 875-2288. Read the prospectus or summary prospectus carefully before investing.

Investing involves risk, including possible loss of principal.

The Distribution rate is the estimated payout an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions are not guaranteed.

The Distribution rate and 30-Day SEC Yield is not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant. The distribution may include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease a fund’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These distribution rates caused by unusually favorable market conditions may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.

Index / Strategy Risks. The Index’s holdings are derived from publicly available data, which may be delayed relative to the then current portfolio of Berkshire Hathaway. Consequently, the Fund’s holdings, which are based on the Index, may not accurately reflect Berkshire Hathaway’s most recent publicly-disclosed investment positions and may deviate substantially from its actual current Portfolio. The equity securities represented in the Index are subject to a range of risks, including, but not limited to, fluctuations in Market conditions, increased competition, and evolving regulatory environments, all of which could adversely affect their performance.

Focused Portfolio Risk. The Fund will hold a relatively focused portfolio that may contain exposure to the securities of fewer issuers than the portfolios of other ETFs. Holding a relatively concentrated portfolio may increase the risk that the value of the Fund could go down because of the poor performance of one or a few investments.

Distribution Risk. Although the Fund has an annual income target, the Fund intends to distribute income on a monthly basis. There is no assurance that the Fund will make a distribution in any given month.

Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes.

Options Contracts Risk. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

Equity Market Risk. Common stocks are generally exposed to greater risk than other types of securities, such as preferred stock and debt obligations, because common stockholders generally have inferior rights to receive payment from specific issuers. The equity securities held in the Fund’s portfolio may experience sudden, unpredictable drops in value or long periods of decline in value.

U.S. Government and U.S. Agency Obligations Risk. The Fund may invest in securities issued by the U.S. government or its agencies or instrumentalities. U.S. Government obligations include securities issued or guaranteed as to principal and interest by the U.S. Government, its agencies or instrumentalities, such as the U.S. Treasury.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective Investors do not have a track record or history on which to base their investment decisions.

Newer Sub-Adviser Risk. VistaShares is a recently formed entity and has limited experience with managing an exchange-traded fund, which may limit the Sub-Adviser’s effectiveness.

Foreside Fund Services, LLC, distributor.