#USA #Siren ETF #Dividend Defender #DIVCON Leaders #Huntingdon Valley, PA

SRN Advisors, LLC Announces the Transition of Siren DIVCON Dividend Defender ETF

In a significant strategic decision, SRN Advisors, LLC (SRN) has revealed its plan for the Siren DIVCON Dividend Defender ETF (CBOE: DFND) to be reorganized into the Siren DIVCON Leaders Dividend ETF (CBOE: LEAD). This announcement comes as a pivotal move towards simplifying and enhancing the ETF's operational structure while maintaining its core investment strategies.

Background of the Funds

The Siren DIVCON Dividend Defender ETF has been recognized for its index-based investment strategy aimed at offering investors access to dividend-paying stocks that are expected to maintain or increase their dividends based on proprietary analysis. Meanwhile, the Siren DIVCON Leaders Dividend ETF similarly targets long-term capital appreciation by tracking the performance of the Siren DIVCON Leaders Dividend Index, which evaluates top U.S. companies' capacity to grow their dividends.

Approval and Reorganization Process

Approval for this reorganization has been granted by the Board of Trustees of the Siren ETF Trust, with the reorganization not requiring shareholder approval. A comprehensive Combined Information Statement alongside a Prospectus will be distributed to current investors in the Dividend Defender ETF, detailing the transition. The reorganization is anticipated to occur around December 15, 2025, subject to fulfilling standard closing conditions.

Cash Distribution to Shareholders

Before the transition takes place, the Siren DIVCON Dividend Defender ETF will carry out a cash distribution for its shareholders. This distribution, estimated at approximately $0.0597 per share, will occur on December 15, 2025. It will serve as the final taxable income allocation and will be completely cash-based, with no option for reinvestment of dividends.

Key Dates for Shareholders:

• - Estimated Distribution Amount: $0.0597 per Share
• - Declaration Date: December 11, 2025
• - Ex-Date and Record Date: December 12, 2025
• - Payment Date: December 15, 2025

The actual amount distributed may vary from the estimated figures provided.

Shareholder Benefits from the Reorganization

Upon finalizing the reorganization, assets from the Dividend Defender ETF will be transferred to the Leaders ETF, with DFND's liabilities assumed by LEAD. Shareholders of DFND will receive shares of LEAD equivalent to the net asset value of the DFND shares they hold. This reorganization is structured to be tax-free for most shareholders, with the exception of those redeeming shares as part of this transition.

Investment Strategy and Future Outlook

The Siren DIVCON Leaders Dividend ETF employs a forward-looking dividend rating system intended to pinpoint U.S. companies with the highest probability of increasing dividends within the next year, determined by seven quantitative metrics. This approach aligns with SRN Advisors' goal of providing investors with focused, cost-efficient investments in high-performing stocks.

About SRN Advisors, LLC

SRN serves as an ETF sponsor and investment advisor, committed to identifying opportunities that offer value to both retail and institutional investors. Their strategic focus on lowering costs compared to competitors remains a cornerstone of their operations.

Investors contemplating a stake in these funds should carefully consider their individual investment goals, risks, and expenses associated with the funds before proceeding to invest. Detailed information is accessible through the statutory prospectus available upon request from SRN Advisors.

Conclusion

The reorganization of the Siren DIVCON Dividend Defender ETF into the DIVCON Leaders Dividend ETF signifies SRN Advisors' commitment to enhancing portfolio efficacy and investment growth. As this transition unfolds, shareholders can expect continued dedication to dividend growth and investment excellence in the evolving ETF landscape.