Key stats
About TrueShares Active Yield ETF
Expense ratio
0.75%
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Inception date
Apr 30, 2024
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
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
Transportation
ETF
Mutual fund
Stocks70.30%
Finance33.05%
Transportation16.35%
Consumer Non-Durables4.42%
Retail Trade4.28%
Utilities2.27%
Health Technology1.94%
Producer Manufacturing1.78%
Communications1.31%
Energy Minerals1.28%
Non-Energy Minerals0.93%
Distribution Services0.89%
Miscellaneous0.75%
Commercial Services0.36%
Process Industries0.24%
Consumer Services0.20%
Electronic Technology0.10%
Bonds, Cash & Other29.70%
ETF17.91%
Mutual fund11.99%
Cash−0.20%
Stock breakdown by region
North America97.13%
Europe2.87%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history