TRUESHARES

ERNZ

TRUESHARES ACTIVE YIELD ETF

Why Invest in ERNZ

TRUEINCOME
The TrueShares Active Yield ETF seeks to provide above-average yield relative to the broader market, with a focus on generating consistent income for investors. By doing so, the fund aims to deliver the opportunity for long-term growth of capital by seeking lower relative volatility. The Fund is an actively-managed exchange-traded fund comprised of 50-150 income generating securities. ERNZ is managed by experienced investment professionals who actively monitor market conditions, select appropriate assets, and make adjustments to the portfolio as needed to achieve the fund’s income objectives. The fund aims to provide consistent income regardless of the broader economic environment. This means that it may hold assets that perform well in both economic expansions and contractions, providing stability throughout market cycles. The TrueShares Active Yield ETF prioritizes providing a steady stream of income for investors, making it an attractive option for those seeking regular cash flow.

Why Invest in ERNZ

TRUEINCOME
The TrueShares Active Yield ETF seeks to provide above-average yield relative to the broader market, with a focus on generating consistent income for investors. By doing so, the fund aims to deliver the opportunity for long-term growth of capital by seeking lower relative volatility. The Fund is an actively-managed exchange-traded fund comprised of 50-150 income generating securities. ERNZ is managed by experienced investment professionals who actively monitor market conditions, select appropriate assets, and make adjustments to the portfolio as needed to achieve the fund’s income objectives. The fund aims to provide consistent income regardless of the broader economic environment. This means that it may hold assets that perform well in both economic expansions and contractions, providing stability throughout market cycles. The TrueShares Active Yield ETF prioritizes providing a steady stream of income for investors, making it an attractive option for those seeking regular cash flow.
FUND SUMMARY

About the ERNZ ETF

Fund Details

Data as of 04/30/2024

Inception Date

April 30, 2024

CUSIP

53656G365

Primary Exchange

Nasdaq

Ticker

ERNZ

Fund Listing

05/01/2024

IOPV Symbol

N/A

NAV Symbol

ERNZ.NV

Expense Ratio

0.75%

30 Day SEC Yield

Fund Data & Pricing

Data as of 05/29/2024
Net Assets as of 05/29/2024
$116.43M

NAV

$25.04

Shares Outstanding

4,650,000

Premium/Discount Percentage

0.05%

Closing Price

$25.05

30 Day Median Bid/Ask Spread

0.12%

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.

FUND SUMMARY

About the ERNZ ETF

Fund Details

Data as of 04/30/2024

Inception Date

April 30, 2024

Fund Listing

05/01/2024

Primary Exchange

Nasdaq

Ticker

ERNZ

CUSIP

53656G365

IOPV Symbol

N/A

NAV Symbol

ERNZ.NV

Expense Ratio

0.75%

30 Day SEC Yield

Fund Materials

Fund Materials

Fund Data & Pricing

Data as of 05/29/2024
Net Assets as of 05/29/2024
$116.43M

NAV

$25.04

Shares Outstanding

4,650,000

Premium/Discount Percentage

0.05%

Closing Price

$25.05

30 Day Median Bid/Ask Spread

0.12%

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.

Historical NAV Change

Data as of 05/29/2024

Use the slider below to adjust the time period shown in the graph below.

SUB-ADVISOR

Wealth Builder Funds

Wealth Builder Funds, LLC is an SEC-registered investment adviser specializing in providing advisory services to Exchange Traded Funds. Wealth Builder Funds is responsible for trading portfolio investments in funds and selecting broker-dealers, who are intermediaries responsible for executing these transactions on behalf of Wealth Builder Funds and their clients. This involves choosing the appropriate brokerage firms to carry out the purchase and sale of securities in a way that aligns with the investment objectives and strategies of the funds they manage. Wealth Builder Funds provides expertise in asset allocation, investment selection, risk management, portfolio monitoring, and regulatory compliance. Wealth Builder Funds helps clients achieve their financial goals by providing expert advice and guidance on investment-related matters.

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Fund Materials

Fund Data & Pricing

Data as of 05/29/2024
Net Assets as of 05/29/2024
$116.43M

NAV

$25.04

Shares Outstanding

4,650,000

Premium/Discount Percentage

0.05%

Closing Price

$25.05

30 Day Median Bid/Ask Spread

0.12%

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.

Outcome Period Values

ETF Starting NAV/Period Return

SPX Index Reference Price

Downside Buffer

Expected Upside Participation

Days Remaining

ETF Starting NAV/Period Return

SPX Index Reference Price

Downside Buffer

Expected Upside Participation

Days Remaining

/0.0%

ETF Starting NAV/Period Return SPX Index Reference Price Downside Buffer Expected Upside Participation Days Remaining
29.24 4796 10 70-72% 362

Outcome Period Values

ETF Starting NAV/Period Return

/0.0%

SP Index Reference Price

Downside Buffer

Expected Upside Participation

Days Remaining

Current Outcome Period Values

Data as of 05/29/2024

ETF Current NAV/Period Return

25.04/

SPX Period Return

Remaining Buffer

Downside Before Buffer

Remaining Outcome Period

Current Outcome Period Values

Data as of 05/29/2024
ETF Current NAV/Period Return SPX Period Return Remaining Buffer Downside Before Buffer Remaining Outcome Period
29.24 4796 10 70-72% 362

ETF Current NAV/Period Return

SPX Period Return

Remaining Buffer

Downside Before Buffer

Remaining Outcome Period

$25.04

Performance

Data as of 04/30/2024

3 Month

6 Month

1 Year

5 Year

Since Inception

Market Price

0.00

Fund NAV

0.00

3 Month

6 Month

1 Year

5 Year

Since Inception

Market Price

0.00

Fund NAV

0.00
Performance data quoted on this website represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold in the secondary market, may be worth more or less than the original cost. Investors will incur usual and customary brokerage commissions when buying or selling shares of the exchange-traded funds in the secondary market, and that, if reflected, the brokerage commissions would reduce the performance returns. Current performance may be lower or higher than the performance shown. Shares are bought and sold at market price not net asset value and are not individually redeemable from the fund. Call 877-774-TRUE (8783) for performance data current to the most recent month end. Click here to view or download the factsheet for quarter-end standardized performance.

Performance

Data as of 04/30/2024
3 Month 6 Month 1 year 5 Year Since Inception
Market Price 8.18 8.31 21.66 21.66
Fund NAV 8.27 8.12 21.66 21.65
S&P 500 10.65 10.91 26.89 26.89

3 Month

6 Month

1 Year

5 Year

Since Inception

3 Month

6 Month

1 Year

5 Year

Since Inception

Market Price

0.00

Fund NAV

0.00
Performance data quoted on this website represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold in the secondary market, may be worth more or less than the original cost. Investors will incur usual and customary brokerage commissions when buying or selling shares of the exchange-traded funds in the secondary market, and that, if reflected, the brokerage commissions would reduce the performance returns. Current performance may be lower or higher than the performance shown. Shares are bought and sold at market price not net asset value and are not individually redeemable from the fund. Call 877-774-TRUE (8783) for performance data current to the most recent month end. Click here to view or download the factsheet for quarter-end standardized performance.

Distribution Detail

Ex-Date Record Date Payable Date Amount Rate Type
05/30/2024 05/30/2024 05/31/2024 0.086 Ordinary Income

Top 10 Holdings

Data as of 05/30/2024
% of Net Assets 2.73%
Name Sixth Street Specialty Lending Inc
Ticker TSLX
CUSIP 83012A109
Shares Held 161,910
Market Value 3.50M
% of Net Assets 2.73%
Name Guggenheim Strategic Opportunities Fund
Ticker GOF
CUSIP 40167F101
Shares Held 241,066
Market Value 3.50M
% of Net Assets 2.67%
Name International Seaways Inc
Ticker INSW
CUSIP Y41053102
Shares Held 53,970
Market Value 3.42M
% of Net Assets 2.60%
Name Cornerstone Strategic Value Fund Inc
Ticker CLM
CUSIP 21924B302
Shares Held 442,040
Market Value 3.33M
% of Net Assets 2.49%
Name Oaktree Specialty Lending Corp
Ticker OCSL
CUSIP 67401P405
Shares Held 163,966
Market Value 3.19M
% of Net Assets 2.44%
Name DHT Holdings Inc
Ticker DHT
CUSIP Y2065G121
Shares Held 260,598
Market Value 3.13M
% of Net Assets 2.20%
Name Nordic American Tankers Ltd
Ticker NAT
CUSIP G65773106
Shares Held 729,366
Market Value 2.82M
% of Net Assets 2.07%
Name Global Net Lease Inc
Ticker GNL
CUSIP 379378201
Shares Held 373,164
Market Value 2.65M
% of Net Assets 2.03%
Name Euronav NV
Ticker EURN
CUSIP B38564108
Shares Held 163,452
Market Value 2.61M
% of Net Assets 1.86%
Name CNA Financial Corp
Ticker CNA
CUSIP 126117100
Shares Held 53,456
Market Value 2.39M

Top 10 Holdings

Data as of 05/30/2024
% of Net Assets Name Ticker CUSIP Shares Held Market Value
2.73% Sixth Street Specialty Lending Inc TSLX 83012A109 161,910 3.50M
2.73% Guggenheim Strategic Opportunities Fund GOF 40167F101 241,066 3.50M
2.67% International Seaways Inc INSW Y41053102 53,970 3.42M
2.60% Cornerstone Strategic Value Fund Inc CLM 21924B302 442,040 3.33M
2.49% Oaktree Specialty Lending Corp OCSL 67401P405 163,966 3.19M
2.44% DHT Holdings Inc DHT Y2065G121 260,598 3.13M
2.20% Nordic American Tankers Ltd NAT G65773106 729,366 2.82M
2.07% Global Net Lease Inc GNL 379378201 373,164 2.65M
2.03% Euronav NV EURN B38564108 163,452 2.61M
1.86% CNA Financial Corp CNA 126117100 53,456 2.39M

Keep up with the latest ERNZ news

Keep up with the latest ERNZ ETF news

Keep up with the latest ERNZ news