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About TrueShares Active Yield ETF
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Inception date
Apr 30, 2024
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
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
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
ETF
Stocks59.91%
Finance16.80%
Energy Minerals8.49%
Transportation7.17%
Health Technology6.75%
Miscellaneous6.57%
Retail Trade4.74%
Consumer Non-Durables3.96%
Process Industries3.30%
Producer Manufacturing0.87%
Distribution Services0.26%
Commercial Services0.21%
Communications0.19%
Non-Energy Minerals0.18%
Utilities0.14%
Consumer Durables0.09%
Health Services0.08%
Electronic Technology0.06%
Consumer Services0.05%
Bonds, Cash & Other40.09%
ETF30.63%
Mutual fund8.93%
Cash0.53%
Stock breakdown by region
North America99.60%
Europe0.14%
Africa0.13%
Latin America0.13%
Asia0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ERNZ invests in stocks. The fund's major sectors are Finance, with 16.80% stocks, and Energy Minerals, with 8.49% of the basket. The assets are mostly located in the North America region.
ERNZ last dividends amounted to 0.16 USD. The year before, the issuer paid 0.20 USD in dividends, which shows a 25.00% decrease.
ERNZ assets under management is 150.37 M USD. It's risen 5.07% over the last month.
ERNZ fund flows account for 78.40 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, ERNZ pays dividends to its holders with the dividend yield of 8.93%. The last dividend (Apr 30, 2025) amounted to 0.16 USD. The dividends are paid annually.
ERNZ shares are issued by Truemark Group LLC under the brand TrueShares. The ETF was launched on Apr 30, 2024, and its management style is Active.
ERNZ expense ratio is 3.25% meaning you'd have to pay 3.25% of your investment to help manage the fund.
ERNZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ERNZ invests in stocks.
ERNZ price has risen by 1.98% over the last month, and its yearly performance shows a −13.37% decrease. See more dynamics on ERNZ price chart.
NAV returns, another gauge of an ETF dynamics, showed a −6.34% decrease in three-month performance and has decreased by −2.52% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −6.34% decrease in three-month performance and has decreased by −2.52% in a year.
ERNZ trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.