Key stats
About Bridges Capital Tactical ETF
Home page
www.bridgesetf.com.
Inception date
May 10, 2023
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
US02072L4749
BDGS is an actively managed fund-of-funds that toggles between a risk-on and a risk-averse investment posture. Portfolio allocation and rebalancing are based on a proprietary analysis of macroeconomic events, current market breadth participation, and <1-month vs >3-month volatility. During periods of risk-on, the portfolio typically rebalances six times per year and holds approximately 75% passively managed US ETFs and 20% individual large-cap stocks. During periods of risk-averse, the portfolio is typically rebalanced twice a month and holds approximately 80% cash or cash equivalents and 20% individual large-cap stocks. The fund particularly selects ETFs that track US small, mid, and large capitalization equity indices and individual large-caps that are the top 10 holdings in the Nasdaq 100 and the S&P 500. The rebalancing frequency could change based on the sub-advisers proprietary analysis. Investors should be mindful of the all-in cost due to the fund-of-funds structure.
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
ETF
Government
Stocks20.03%
Technology Services7.71%
Electronic Technology4.78%
Retail Trade3.01%
Consumer Durables1.62%
Energy Minerals1.47%
Consumer Non-Durables1.45%
Bonds, Cash & Other79.97%
ETF56.66%
Government22.95%
Mutual fund0.36%
Cash−0.01%
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
BDGS invests in funds. The fund's major sectors are ETF, with 56.66% stocks, and Mutual fund, with 0.36% of the basket. The assets are mostly located in the North America region.
BDGS last dividends amounted to 0.57 USD. The year before, the issuer paid 0.23 USD in dividends, which shows a 60.40% increase.
BDGS assets under management is 40.19 M USD. It's fallen 1.26% over the last month.
BDGS fund flows account for 11.58 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, BDGS pays dividends to its holders with the dividend yield of 1.68%. The last dividend (Dec 31, 2024) amounted to 0.57 USD. The dividends are paid annually.
BDGS shares are issued by Empirical Finance LLC under the brand Bridges Capital. The ETF was launched on May 10, 2023, and its management style is Active.
BDGS expense ratio is 0.87% meaning you'd have to pay 0.87% of your investment to help manage the fund.
BDGS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BDGS invests in funds.
BDGS price has risen by 0.39% over the last month, and its yearly performance shows a 12.86% increase. See more dynamics on BDGS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.60% over the last month, showed a 5.44% increase in three-month performance and has increased by 15.20% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.60% over the last month, showed a 5.44% increase in three-month performance and has increased by 15.20% in a year.
BDGS trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.