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About TrueShares Active Yield ETF
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Inception date
Apr 30, 2024
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Truemark Investments LLC
Distributor
Foreside Fund Services LLC
ERNZ aims to deliver higher yield compared to the S&P 500 Index, while secondarily focusing on capital preservation and long-term capital growth. The fund is actively managed and uses a holistic approach to construct a portfolio of income-generating investments derived from quantitative and qualitative analysis. The initial universe includes common stock, closed-end funds, mutual funds, ETFs, REITs, BDCs, MLPs, ADRs, ETNs and royalty trusts. Using proprietary research tools, the fund screens these securities based on several factors such as yield, volatility and price movement of potential investments in relation to each other. This results in a series of model portfolios to which a quantitative analysis is applied, resulting in a portfolio that consists of 50 to 150 securities. This method is repeated monthly to align the portfolio securities to its investment objective.
Classification
What's in the fund
Exposure type
Finance
Retail Trade
Mutual fund
ETF
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.