Key stats
About Capitol Series Trust Fairlead Tactical Sector ETF
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Inception date
Mar 23, 2022
Structure
Open-Ended Fund
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
Cary Street Partners Asset Management LLC
Distributor
Northern Lights Distributors LLC
TACK is a fund-of-funds whose strategy starts with top-down market analysis and combines trend-following, price momentum, and sector relative strength. The funds investable universe consists of 14 State Street SPDR ETFs: the 11 Select Sector SPDRs, the SPDR Gold Trust, and SPDR short- and SPDR long-term US Treasury ETFs. Relying on the expertise of a technical analyst, the selection process follows a rules-based filtering system that considers market trends and overbought/oversold indicators. ETFs that pass the technical filter, receive a momentum score and a ranking is calculated. During periods of risk-on, the portfolio will hold between 5-8 of the highest-ranked ETFs on an equal-weighted basis. During periods of risk-off, the portfolio may hold up to 75% of its exposure in short- or long-term US Treasury ETFs or gold. The portfolio is rebalanced monthly. Due to the tactical nature of the strategy, the fund is anticipated to have a very high turnover.
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
Bonds, Cash & Other100.00%
ETF99.39%
Cash0.61%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TACK top holdings are Consumer Discretionary Select Sector SPDR Fund and Communication Services Select Sector SPDR Fund, occupying 12.87% and 12.76% of the portfolio correspondingly.
TACK last dividends amounted to 0.07 USD. The quarter before, the issuer paid 0.09 USD in dividends, which shows a 36.43% decrease.
TACK assets under management is 250.69 M USD. It's risen 15.20% over the last month.
TACK fund flows account for 24.74 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, TACK pays dividends to its holders with the dividend yield of 1.16%. The last dividend (Apr 1, 2025) amounted to 0.07 USD. The dividends are paid quarterly.
TACK shares are issued by Cary Street Partners Financial LLC under the brand Fairlead. The ETF was launched on Mar 23, 2022, and its management style is Active.
TACK expense ratio is 0.73% meaning you'd have to pay 0.73% of your investment to help manage the fund.
TACK follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TACK invests in funds.
TACK price has risen by 5.63% over the last month, and its yearly performance shows a 5.47% increase. See more dynamics on TACK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.60% over the last month, showed a −2.34% decrease in three-month performance and has increased by 6.41% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.60% over the last month, showed a −2.34% decrease in three-month performance and has increased by 6.41% in a year.
TACK trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.