IPO - STONE RIDGE TRUST

Form Type: 485APOS

Filing Date: 2024-09-25

Corporate Action: Ipo

Type: New

Accession Number: 000119312524225954

Filing Summary: This document is a Post-Effective Amendment No. 93 to the Registration Statement of Stone Ridge Trust, filed with the SEC to register shares of the newly established Stone Ridge Durable Income ETF. The Fund aims to deliver reliable monthly distributions composed of income and principal to investors, utilizing investments primarily in U.S. Government Bonds and money market funds linked to such bonds. This amendment is significant as it provides details on the Fund's operational structure, management, distribution strategy, and the potential investment risks associated with it. The Fund intends to maintain a recalibrated per-share distribution rate annually based on current market interest rates. The filing outlines that the Fund is operationally designed as an ETF and provides various investment-related disclosures, including management fees and operating expenses. The first recalibration will take place in January 2025, and the Fund is set to begin operations integrated into the Trust's larger framework, intended to persist indefinitely with structured monthly distributions.