LIBD — LifeX 2065 Inflation-Protected Longevity Income ETF ☆

The LifeX 2065 Inflation-Protected Longevity Income ETF, part of Stone Ridge Trust, holds US Treasury securities, mainly TIPS, aiming for predictable cash flows through 2065. In 2045, investors may opt for payouts linked to longevity through a closed-end fund, term payouts through 2065, or a mix.