Key stats
About Argent Mid Cap ETF
Home page
Inception date
Aug 17, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Empowered Funds LLC
Distributor
Quasar Distributors LLC
ISIN
US02072L8393
AMID aims to outperform the Russell MidCap Index over the long term by applying Change-Based Investing strategies. The fund actively invests in stocks undergoing positive internal or external change, which the issuer believes could lead to underappreciated growth. The starting universe begins with 1,500 US mid-cap stocks that are screened for liquidity and grouped by sector. Using their proprietary Argent Alpha Model, stocks are ranked under four main categories: Value, Growth, Quality, and Stability. Stocks within each sector with positive exposure to outperforming factors are considered. The remaining companies are grouped into current and future market segments based on expected outperformance in the current or future market cycle. Finally, the fund uses fundamental analysis to select 35-50 stocks with prospect improvements at the company or industry level. Sectors may be overweighted at various times in the economic cycle. Individual securities are capped at 8%.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Stocks99.73%
Finance28.18%
Technology Services11.57%
Industrial Services9.99%
Commercial Services9.90%
Consumer Durables8.13%
Retail Trade7.05%
Health Services5.86%
Electronic Technology5.19%
Producer Manufacturing3.30%
Distribution Services3.23%
Utilities2.67%
Consumer Services2.49%
Health Technology2.17%
Bonds, Cash & Other0.27%
Mutual fund0.26%
Cash0.01%
Stock breakdown by region
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
Frequently Asked Questions
AMID invests in stocks. The fund's major sectors are Finance, with 28.18% stocks, and Technology Services, with 11.57% of the basket. The assets are mostly located in the North America region.
AMID top holdings are Medpace Holdings, Inc. and Comfort Systems USA, Inc., occupying 4.45% and 4.32% of the portfolio correspondingly.
AMID last dividends amounted to 0.11 USD. The year before, the issuer paid 0.13 USD in dividends, which shows a 13.31% decrease.
AMID assets under management is 108.93 M USD. It's fallen 0.38% over the last month.
AMID fund flows account for 33.34 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, AMID pays dividends to its holders with the dividend yield of 0.34%. The last dividend (Dec 31, 2024) amounted to 0.11 USD. The dividends are paid annually.
AMID shares are issued by Empirical Finance LLC under the brand Argent. The ETF was launched on Aug 17, 2022, and its management style is Active.
AMID expense ratio is 0.52% meaning you'd have to pay 0.52% of your investment to help manage the fund.
AMID follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
AMID invests in stocks.
AMID price has fallen by −1.52% over the last month, and its yearly performance shows a −4.53% decrease. See more dynamics on AMID price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.26% over the last month, showed a 3.71% increase in three-month performance and has decreased by −4.22% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.26% over the last month, showed a 3.71% increase in three-month performance and has decreased by −4.22% in a year.
AMID trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.