Updated June 21, 2025 – fresh market insights & human take
📊 What is T15B?
The Target 15 Berkshire Select Income ETF ticker T15B launched in March 2025 by VistaShares. It mirrors Berkshire Hathaway’s top 20 equity holdings while allocating ~10% to Berkshire Class B shares. What sets it apart? It uses call-option writing on its portfolio to generate a targeted 15% annual yield, even if Berkshire’s stock price is flat.
With a 0.95% management fee, T15B aims to blend capital exposure with enhanced income, especially appealing for IRAs and 401(k) accounts.
🔥 Today’s Highlights
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Asset growth: Since launch, T15B has attracted nearly $250 million in inflows, reflecting investor appetite for income without sacrificing equity upside.
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Market backdrop: U.S. markets remain flat, with geopolitical tension (Israel – Iran) and cautious Fed signaling the backdrop for income-focused strategies.
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Unique structure: Since Berkshire Hathaway doesn’t pay dividends, T15B’s option overlay is specifically designed to generate steady income ideal for taxable-deferred portfolios.
✅ Why T15B Matters Today
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Attractive yield: Targeting 15% annually dramatically higher than typical ETF income (~1–2%) this fund offers compelling income for conservative equity seekers .
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Built-in buffer: The call-strike premiums cushion downside, making the ETF more resistant during sideways markets or slight drops.
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Blend of growth and income: Gains exposure to high-quality brands like Apple, Coca-Cola, American Express all while generating cash flow through options.
⚠️ What to Watch
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Market rotation: If a strong bull market kicks in, the call writing may limit upside participation compared to pure equity ETFs.
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Option risk: Poorly timed option rolls or high volatility could reduce yield or cap downside protection.
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Consumer sentiment: Since underlying holdings reflect large-cap companies, their earnings and consumer trends will influence returns.