Trust for Professional Managers ActivePassive U.S. Equity ETFTrust for Professional Managers ActivePassive U.S. Equity ETFTrust for Professional Managers ActivePassive U.S. Equity ETF

Trust for Professional Managers ActivePassive U.S. Equity ETF

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Key stats


Assets under management (AUM)
‪1.71 B‬USD
Fund flows (1Y)
‪1.22 B‬USD
Dividend yield (indicated)
0.32%
Discount/Premium to NAV
−0.3%

About Trust for Professional Managers ActivePassive U.S. Equity ETF


Issuer
Envestnet, Inc.
Brand
ActivePassive
Expense ratio
0.33%
Inception date
May 3, 2023
Index tracked
No Underlying Index
Management style
Active
APUE aims for long-term capital appreciation by utilizing both an active and passive management strategy. The small-cap space is less researched and probed, thus the adviser will use an active approach to select small-cap stocks from a benchmark US total market index. Between 15% to 65% of portfolio assets may be directed by active management. The passive portion on the other hand, focuses on the large-cap space. The allocation is constructed using quantitative analysis and modeling, with the goal of achieving similar results to that of the underlying index. The adviser also employs strategic beta investing for exposure to investment factors such as value, momentum and quality. Such an approach is believed to result in better performance and generate higher returns. The fund is rebalanced annually between its active and passive management strategies. The adviser may adjust the portfolio any time and rebalance more frequently at their discretion.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 25, 2024
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Technology Services
Finance
Stocks94.41%
Electronic Technology18.08%
Technology Services17.57%
Finance14.74%
Retail Trade7.45%
Health Technology7.42%
Producer Manufacturing4.51%
Consumer Non-Durables4.47%
Consumer Durables3.05%
Consumer Services2.96%
Utilities2.50%
Process Industries2.09%
Energy Minerals1.94%
Commercial Services1.80%
Health Services1.58%
Transportation1.27%
Communications1.22%
Distribution Services0.74%
Non-Energy Minerals0.55%
Industrial Services0.50%
Bonds, Cash & Other5.59%
ETF5.03%
Mutual fund0.50%
Cash0.06%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows