Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 07/25/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

TrueShares Active Yield ETF

ERNZ | Active ETF

$25.34

$150 M

7.58%

$1.92

0.75%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$150 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$25.3
$24.46
$25.70

Expenses

OPERATING FEES

Expense Ratio 0.75%

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 07/25/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

TrueShares Active Yield ETF

ERNZ | Active ETF

$25.34

$150 M

7.58%

$1.92

0.75%

ERNZ - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 7.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    TrueShares Active Yield ETF
  • Fund Family Name
    N/A
  • Inception Date
    May 01, 2024
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund is an actively-managed exchange-traded fund (“ETF”) that seeks to deliver above-average yield relative to the broader
market by purchasing a portfolio of 50 to 150 income generating securities. In pursuing its investment objective the Fund also
employs a secondary focus on capital preservation and the opportunity for long term growth of capital by seeking lower relative
volatility compared to the broader market. The Fund’s investment adviser, TrueMark Investments, LLC (the “Adviser”), and sub-
adviser, Wealth Builder Funds, LLC (the “Sub-Adviser”) utilize a holistic approach in seeking to construct a portfolio of income-
generating investments derived from quantitative and qualitative analysis of data contained within a continually expanding
investment universe composed of thousands of securities. This investment universe includes a variety of securities, such as
common stock, closed-end funds, mutual funds, exchange-traded funds (“ETFs”), real estate investment trusts (“REITs”), business
development companies (“BDCs”), master limited partnerships (“MLPs”), American depositary receipts (“ADRs”), exchange-
traded notes (“ETNs”) and royalty trusts.
The Sub-Adviser utilizes proprietary research tools, including non-generative artificial intelligence (“AI”) driven data optimization
applications, to process and analyze large quantities of data associated with the initial investment universe, which is typically
composed of more than 16,000 securities. Non-generative AI applications process data using defined programming to provide
analysis or predictions. Data optimization is the processing of data to remove redundancies, inconsistencies, and other errors to
maximize efficiency. After reducing the universe to several thousand securities by screening for a variety of characteristics
including liquidity, corporate viability and minimum price, the research process then evaluates securities based on a dynamic group
of proprietary factors including, but not limited to, yield, volatility and price movement of potential investments in relation to each
other. This research results in the creation of a series of model portfolios, to which the Sub-Adviser applies a proprietary
quantitative analysis that further results in an investable portfolio that typically contains 50 to 150 securities. This modeling
process is repeated monthly, and the Sub-Adviser expects to adjust the portfolio when necessary to re-align the Fund's core
investment thesis and portfolio characteristics. This ongoing portfolio oversight helps to maintain a responsive, rather than reactive,
portfolio posture in an increasingly dynamic market. Recognizing the ever-changing nature of the market environment, the Fund
seeks to capture yield-maximizing opportunities as they arise while adapting to changing conditions.
The Fund is non-diversified, which means that it may invest more of its assets in the securities of a single issuer or a lesser number
of issuers than if it were a diversified fund.
Read More

ERNZ - Performance

Return Ranking - Trailing

Period ERNZ Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period ERNZ Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period ERNZ Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period ERNZ Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

ERNZ - Holdings

Concentration Analysis

ERNZ Category Low Category High ERNZ % Rank
Net Assets 150 M N/A N/A N/A
Number of Holdings N/A N/A N/A N/A
Net Assets in Top 10 N/A N/A N/A N/A
Weighting of Top 10 N/A N/A N/A N/A

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High ERNZ % Rank
Stocks 		0.00% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Other 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Cash 		0.00% N/A N/A N/A
Bonds 		0.00% N/A N/A N/A

ERNZ - Expenses

Operational Fees

ERNZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% N/A N/A N/A
Management Fee 0.75% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

ERNZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

ERNZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

ERNZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

ERNZ - Distributions

Dividend Yield Analysis

ERNZ Category Low Category High ERNZ % Rank
Dividend Yield 7.58% N/A N/A N/A

Dividend Distribution Analysis

ERNZ Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

ERNZ Category Low Category High ERNZ % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

ERNZ Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

ERNZ - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.