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About Toews Agility Shares Dynamic Tactical Income ETF
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Inception date
Jun 25, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Toews Corp.
Distributor
Northern Lights Distributors LLC
ISIN
US66538J7384
THY aims to provide income by investing primarily on securities with exposure high-yield bonds of any maturity with a downside protection. Securities may include ETFs, options on ETFs, equities and indices, futures, options, and fixed income bonds. The Fund may hedge long positions using futures and/or ETFs. During bearish markets it takes up a defensive position and may invest up to 100% in US Treasuries, short-term fixed income securities, US or foreign cash. It may also invest in futures contracts that derive the value from US Treasury bills, notes, and bonds of any maturity. THY adjusts its exposure to the high-yield bond market using technical analysis by monitoring price movements and momentum. The Funds adviser may trade frequently, higher portfolio turnover may reduce the funds return. Prior to Apr. 23, 2021, the funds name was Agility Shares Dynamic Tactical Income ETF.
Related funds
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.02%
Cash0.98%
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
THY assets under management is 60.80 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
THY invests in funds. See more details in our Analysis section.
THY expense ratio is 1.03%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, THY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, THY pays dividends to its holders with the dividend yield of 5.51%.
THY shares are issued by Toews Corp.
THY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 25, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.