TrueShares Structured Outcome (August) ETF
Name
As of 10/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
17.9%
1 yr return
29.0%
3 Yr Avg Return
8.6%
5 Yr Avg Return
N/A
Net Assets
$16.3 M
Holdings in Top 10
100.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.80%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 10/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AUGZ - Profile
Distributions
- YTD Total Return 17.9%
- 3 Yr Annualized Total Return 8.6%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.77%
- Dividend Yield 2.9%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameTrueShares Structured Outcome (August) ETF
-
Fund Family NameTrueShares
-
Inception DateJul 31, 2020
-
Shares Outstanding500000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEric Metz
Fund Description
AUGZ - Performance
Return Ranking - Trailing
Period | AUGZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.9% | -2.8% | 240.8% | 17.79% |
1 Yr | 29.0% | -4.3% | 140.6% | N/A |
3 Yr | 8.6%* | -8.3% | 18.3% | N/A |
5 Yr | N/A* | -5.0% | 17.3% | N/A |
10 Yr | N/A* | -4.6% | 13.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | AUGZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.4% | -34.1% | 904.0% | N/A |
2022 | -10.8% | -28.6% | 438.4% | N/A |
2021 | 20.7% | -93.5% | 8.2% | N/A |
2020 | N/A | -38.9% | 19.8% | N/A |
2019 | N/A | -10.9% | 12.8% | N/A |
Total Return Ranking - Trailing
Period | AUGZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.9% | -2.7% | 244.0% | 16.21% |
1 Yr | 29.0% | -4.3% | 140.6% | N/A |
3 Yr | 8.6%* | -8.3% | 18.3% | N/A |
5 Yr | N/A* | -5.4% | 17.3% | N/A |
10 Yr | N/A* | -4.6% | 13.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | AUGZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.3% | -34.1% | 904.0% | N/A |
2022 | -10.4% | -5.9% | 438.4% | N/A |
2021 | 20.7% | -81.2% | 8.2% | N/A |
2020 | N/A | -29.0% | 19.8% | N/A |
2019 | N/A | -10.9% | 12.8% | N/A |
AUGZ - Holdings
Concentration Analysis
AUGZ | Category Low | Category High | AUGZ % Rank | |
---|---|---|---|---|
Net Assets | 16.3 M | 25 | 17.4 B | 91.39% |
Number of Holdings | 4 | 2 | 508 | 95.42% |
Net Assets in Top 10 | 15.8 M | -6.66 M | 5.12 B | 90.08% |
Weighting of Top 10 | 100.06% | 11.3% | 100.0% | N/A |
Top 10 Holdings
- B 0 07/11/24 85.96%
- 2SPY E 2024-07-31 CALL 457.79 14.00%
- First American Funds Inc. TREAS OBLIGS X 0.11%
- 2SPY E 2024-07-31 PUT 412.01 -0.02%
Asset Allocation
Weighting | Return Low | Return High | AUGZ % Rank | |
---|---|---|---|---|
Bonds | 85.96% | 0.00% | 97.96% | 2.67% |
Other | 13.98% | 0.00% | 45.92% | 52.29% |
Cash | 0.11% | -0.76% | 100.29% | 82.06% |
Stocks | 0.00% | -3.92% | 100.76% | 86.26% |
Preferred Stocks | 0.00% | 0.00% | 3.08% | 40.84% |
Convertible Bonds | 0.00% | 0.00% | 20.91% | 43.13% |
Bond Sector Breakdown
Weighting | Return Low | Return High | AUGZ % Rank | |
---|---|---|---|---|
Derivative | 13.98% | 0.00% | 0.13% | 41.98% |
Cash & Equivalents | 0.11% | 0.09% | 100.00% | 99.62% |
Securitized | 0.00% | 0.00% | 22.63% | 41.60% |
Corporate | 0.00% | 0.00% | 91.57% | 46.56% |
Municipal | 0.00% | 0.00% | 97.57% | 40.84% |
Government | 0.00% | 0.00% | 99.91% | 0.76% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | AUGZ % Rank | |
---|---|---|---|---|
US | 85.96% | 0.00% | 97.96% | 2.67% |
Non US | 0.00% | 0.00% | 16.94% | 41.22% |
AUGZ - Expenses
Operational Fees
AUGZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.80% | 0.20% | 6.78% | 78.60% |
Management Fee | 0.79% | 0.20% | 1.75% | 38.81% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 24.71% |
Administrative Fee | N/A | 0.02% | 0.28% | N/A |
Sales Fees
AUGZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
AUGZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
AUGZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 456.80% | N/A |
AUGZ - Distributions
Dividend Yield Analysis
AUGZ | Category Low | Category High | AUGZ % Rank | |
---|---|---|---|---|
Dividend Yield | 2.90% | 0.00% | 3.76% | 44.98% |
Dividend Distribution Analysis
AUGZ | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Monthly | Annually |
Net Income Ratio Analysis
AUGZ | Category Low | Category High | AUGZ % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.77% | -2.54% | 14.24% | 70.08% |
Capital Gain Distribution Analysis
AUGZ | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2023 | $1.162 | OrdinaryDividend |
Dec 29, 2022 | $0.123 | OrdinaryDividend |
AUGZ - Fund Manager Analysis
Managers
Eric Metz
Start Date
Tenure
Tenure Rank
Jul 31, 2020
1.83
1.8%
Eric oversees all investment strategies and portfolio management activities at the firm. Prior to joining SRA, Eric was the Derivatives Strategist and Portfolio Manager at RiverNorth Capital Management, managing both mutual fund and hedge fund assets (and was a client of SpiderRock). He began his career with the Chicago Trading Company on the floors of the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE). After the trading floors, Eric was a senior trader and partner at Ronin Capital and Bengal Capital, both proprietary trading firms specializing in volatility arbitrage. Eric graduated, Magna Cum Laude, from the University of Michigan with a B.S.E in Industrial and Operations Engineering. He earned his M.S.E., with honors, in Industrial and Operational Engineering, and was enrolled in the program’s PhD program. Eric is a CFA Charterholder, a member of the CFA Institute, the CFA Society of Chicago and a board member of the OIC Institutional Advisory Council.
Jordan Waldrep
Start Date
Tenure
Tenure Rank
Jul 31, 2020
1.83
1.8%
Jordan Waldrep brings over 15 years of investment experience to TrueMark. Previously, Mr. Waldrep was the Senior Portfolio Manager of the Vice President and Co-Portfolio Manager of the Navigator Fund at USA Mutuals. Mr. Waldrep has over 18 years of investment experience. He was the portfolio manager of Blackfin Capital ("Blackfin") from March 2014 through August 2017. Prior to Blackfin, he was an analyst and trader at Hourglass Capital since 2008. Mr. Waldrep is a member of the CFA Institute and the CFA Society of Dallas and Fort Worth. He is a Chartered Financial Ananlyst. Mr. Waldrep received a BA in Biology and History from Texas A&M University and an MBA from the University of Texas McCombs School of Business.
Fred Sloneker
Start Date
Tenure
Tenure Rank
Jul 31, 2020
1.83
1.8%
Fred Sloneker joined SpiderRock Advisors in 2019 and serves as portfolio manager. Prior to joining SRA, Mr. Sloneker was the Head Quantitative Trader for a series of SpiderRock trading subsidiaries. He began his career as a Trader and Portfolio Manager for hedge funds JMG Triton Offshore and St. Claire Capital Management in San Francisco, specializing in a broad variety of convertible arbitrage strategies. He later created and managed a volatility strategy for Toronto Dominion (TD) Securities. Mr. Sloneker graduated from the California Institute of Technology (Caltech) with a B.S. in Economics.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 19.77 | 3.61 | 5.67 |