Key stats
About EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF
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Inception date
Nov 30, 2023
Structure
Open-Ended Fund
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
LBO holds 25-40 US-listed private equity companies of any size, including leverage finance providers, buyout firms, sponsors, and asset managers. Banks, real estate-focused companies, and REITs are excluded from the fund. The objective is to construct a portfolio of liquid assets, focusing on current income, low volatility, and capital growth. The selection process uses a value-oriented approach that combines qualitative and quantitative criteria, emphasizing liquidity, income, volatility, and value. Key factors such as credit performance, risk level, changes in earnings and dividends, and the impact of interest rate fluctuations are also assessed. Generally, the portfolio allocates 40-60% of assets to leverage finance providers and the remaining 40-60% to other categories. The fund is rebalanced and reconstituted at least quarterly.
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
Miscellaneous
Stocks92.53%
Finance63.91%
Miscellaneous28.62%
Bonds, Cash & Other7.47%
Mutual fund7.35%
Cash0.12%
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
LBO invests in stocks. The fund's major sectors are Finance, with 63.91% stocks, and Miscellaneous, with 28.62% of the basket. The assets are mostly located in the North America region.
LBO top holdings are Ares Capital Corporation and Blackstone Secured Lending Fund, occupying 8.32% and 7.98% of the portfolio correspondingly.
LBO last dividends amounted to 0.35 USD. The quarter before, the issuer paid 0.62 USD in dividends, which shows a 75.99% decrease.
LBO assets under management is 7.16 M USD. It's risen 10.69% over the last month.
LBO fund flows account for 5.70 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, LBO pays dividends to its holders with the dividend yield of 6.41%. The last dividend (Mar 31, 2025) amounted to 0.35 USD. The dividends are paid quarterly.
LBO shares are issued by Empirical Finance LLC under the brand WHITEWOLF. The ETF was launched on Nov 30, 2023, and its management style is Active.
LBO expense ratio is 7.30% meaning you'd have to pay 7.30% of your investment to help manage the fund.
LBO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LBO invests in stocks.
LBO price has risen by 7.26% over the last month, and its yearly performance shows a 1.66% increase. See more dynamics on LBO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 10.17% over the last month, showed a −9.34% decrease in three-month performance and has increased by 12.10% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 10.17% over the last month, showed a −9.34% decrease in three-month performance and has increased by 12.10% in a year.
LBO trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.