NFLP was created on 2023-10-27 by Kurv. The fund's investment portfolio concentrates primarily on communication services equity. The ETF currently has 7.5m in AUM and 7 holdings. NFLP seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments. The actively managed fund uses both standardized exchange-traded and FLEX options.