The Prospera Income ETF (Ticker: THRV) is a dynamic and actively managed exchange-traded fund designed to cater to investors seeking a balance between income generation and capital preservation. Positioned within the Asset Allocation category, this ETF uniquely concentrates on the Target Outcome strategy within the Income niche. THRV achieves its objectives by strategically investing in a diversified portfolio of closed-end funds (CEFs), which encompass both equity and fixed-income securities.
The fund's diversification extends across various sectors, market capitalizations, and valuations, ensuring a broad exposure that mitigates risk while enhancing potential returns. Additionally, THRV includes investments in multiple currencies and credit ratings, as well as international markets, offering investors a global perspective. This comprehensive approach provides a robust framework for achieving consistent income while safeguarding capital, making it an ideal choice for investors aiming for stability and growth in an unpredictable economic environment.