TRUESHARES

FLDZ

RIVERNORTH PATRIOT ETF

Why Invest in FLDZ

TRUEPURPOSE
HONOR THEIR SACRIFICE / INVEST IN THEIR LEGACIES / MAKE AN IMPACT
The RiverNorth Patriot ETF seeks capital growth through investing in mid to large cap companies that are domiciled in, listed in, and whose revenues are primarily generated in the United States of America. It is generally blended into the core equity sleeve of a portfolio. 100% of the Advisory profits from managing the Fund, including a majority of fees from the first dollar invested, are donated to the Folds of Honor Foundation, a charity focused on providing educational scholarships to the families of veterans and first responders who have been disabled or killed in action. FLDZ is designed to provide an alternative approach to charitable giving. Since 2007, Folds of Honor has a cumulative average ratio of over 91% of every dollar raised going to their scholarship program and has awarded over 52,000 educational scholarships.

Why Invest in FLDZ

TRUEPURPOSE
HONOR THEIR SACRIFICE / INVEST IN THEIR LEGACIES / MAKE AN IMPACT
The RiverNorth Patriot ETF seeks capital growth through investing in mid to large cap companies that are domiciled in, listed in, and whose revenues are primarily generated in the United States of America. It is generally blended into the core equity sleeve of a portfolio. 100% of the Advisory profits from managing the Fund, including a majority of fees from the first dollar invested, are donated to the Folds of Honor Foundation, a charity focused on providing educational scholarships to the families of veterans and first responders who have been disabled or killed in action. FLDZ is designed to provide an alternative approach to charitable giving. Since 2007, Folds of Honor has a cumulative average ratio of over 91% of every dollar raised going to their scholarship program and has awarded over 52,000 educational scholarships.
FUND SUMMARY

About the FLDZ ETF

Fund Details

Data as of 04/30/2024

Inception Date

December 30, 2021

CUSIP

53656F227

Primary Exchange

CBOE BZX

Ticker

FLDZ

Fund Listing

January 3, 2022

IOPV Symbol

N/A

NAV Symbol

FLDZ.NV

Expense Ratio

0.75%

30 Day SEC Yield

1.63

Fund Data & Pricing

Data as of 05/29/2024
Net Assets as of 05/29/2024
$3.52M

NAV

$25.15

Shares Outstanding

140,000

Premium/Discount Percentage

-0.06%

Closing Price

$25.14

30 Day Median Bid/Ask Spread

0.24%

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 FLDZ ETF

Fund Details

Data as of 04/30/2024

Inception Date

December 30, 2021

Fund Listing

January 3, 2022

Primary Exchange

CBOE BZX

Ticker

FLDZ

CUSIP

53656F227

IOPV Symbol

N/A

NAV Symbol

FLDZ.NV

Expense Ratio

0.75%

30 Day SEC Yield

1.63

Fund Materials

Fund Materials

Fund Data & Pricing

Data as of 05/29/2024
Net Assets as of 05/29/2024
$3.52M

NAV

$25.15

Shares Outstanding

140,000

Premium/Discount Percentage

-0.06%

Closing Price

$25.14

30 Day Median Bid/Ask Spread

0.24%

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

RiverNorth Capital Management

RiverNorth is an investment management firm founded in 2000 that specializes in opportunistic strategies in niche markets where the potential to exploit inefficiencies is greatest. RiverNorth is an institutional investment manager to registered funds, private funds and separately managed accounts.

Investment Philosophy

While we believe the broad markets are fairly efficient, we also believe there are certain markets and types of securities that are inefficient. We typically favor under-followed, specialty asset classes and markets where the potential to exploit inefficiencies is greatest. We focus on risk control rather than speculative market timing. We believe it is more prudent and more consistent to protect rather than predict. We avoid macro-forecasting as it is difficult and does not consistently align with capital markets.

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Fund Materials

Fund Data & Pricing

Data as of 05/29/2024
Net Assets as of 05/29/2024
$3.52M

NAV

$25.15

Shares Outstanding

140,000

Premium/Discount Percentage

-0.06%

Closing Price

$25.14

30 Day Median Bid/Ask Spread

0.24%

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

Data as of 01/01/1970

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

Data as of 01/01/1970

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

25.15/

SPX Period Return

Remaining Buffer

Downside Before Buffer

Remaining Outcome Period

-19279

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

$25.15
-19279 days

Performance

Data as of 04/30/2024

3 Month

6 Month

1 Year

5 Year

Since Inception

Market Price

5.73
19.09
15.16
1.23

Fund NAV

5.77
18.97
15.10
1.20
S&P 900 Index TR
4.34
21.04
22.32
3.92

3 Month

6 Month

1 Year

5 Year

Since Inception

Market Price

5.73
19.09
15.16
1.23

Fund NAV

5.77
18.97
15.10
1.20
S&P 900 Index TR
4.34
21.04
22.32
3.92
Expense ratio: 0.70%

Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes.

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 for more information. Click here to view or download the factsheet for quarter-end standardized performance.

Index performance does not represent TrueShares fund performance. It is not possible to invest directly in an index. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Market price performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times. Performance figures do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or upon redemption or sale of fund shares.

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

5.73
19.09
15.16
1.23

Fund NAV

5.77
18.97
15.10
1.20
S&P 900 Index TR
4.34
21.04
22.32
3.92
Expense ratio: 0.70%

Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes.

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 for more information. Click here to view or download the factsheet for quarter-end standardized performance.

Index performance does not represent TrueShares fund performance. It is not possible to invest directly in an index. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Market price performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times. Performance figures do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or upon redemption or sale of fund shares.

Distribution Detail

Ex-Date Record Date Payable Date Amount Rate Type
12/29/2022 12/30/2022 01/03/2023 0.329 -
12/27/2023 12/28/2023 12/29/2023 0.334 -

Top 10 Holdings

Data as of 05/30/2024
% of Net Assets 0.69%
Name First American Treasury Obligations Fund 01/01/2040
Ticker FXFXX
CUSIP 31846V328
Shares Held 24,216
Market Value 24,215.92
% of Net Assets 0.66%
Name First Solar Inc
Ticker FSLR
CUSIP 336433107
Shares Held 83
Market Value 23,089.77
% of Net Assets 0.58%
Name Altria Group Inc
Ticker MO
CUSIP 02209S103
Shares Held 450
Market Value 20,317.50
% of Net Assets 0.56%
Name Intuit Inc
Ticker INTU
CUSIP 461202103
Shares Held 33
Market Value 19,743.24
% of Net Assets 0.54%
Name Vistra Corp
Ticker VST
CUSIP 92840M102
Shares Held 185
Market Value 19,169.70
% of Net Assets 0.54%
Name AT&T Inc
Ticker T
CUSIP 00206R102
Shares Held 1,108
Market Value 18,968.96
% of Net Assets 0.53%
Name Martin Marietta Materials Inc
Ticker MLM
CUSIP 573284106
Shares Held 33
Market Value 18,606.06
% of Net Assets 0.52%
Name NextEra Energy Inc
Ticker NEE
CUSIP 65339F101
Shares Held 241
Market Value 18,479.88
% of Net Assets 0.52%
Name Tenet Healthcare Corp
Ticker THC
CUSIP 88033G407
Shares Held 140
Market Value 18,417.00
% of Net Assets 0.52%
Name Republic Services Inc
Ticker RSG
CUSIP 760759100
Shares Held 100
Market Value 18,159.00

Top 10 Holdings

Data as of 05/30/2024
% of Net Assets Name Ticker CUSIP Shares Held Market Value
0.69% First American Treasury Obligations Fund 01/01/2040 FXFXX 31846V328 24,216 24,215.92
0.66% First Solar Inc FSLR 336433107 83 23,089.77
0.58% Altria Group Inc MO 02209S103 450 20,317.50
0.56% Intuit Inc INTU 461202103 33 19,743.24
0.54% Vistra Corp VST 92840M102 185 19,169.70
0.54% AT&T Inc T 00206R102 1,108 18,968.96
0.53% Martin Marietta Materials Inc MLM 573284106 33 18,606.06
0.52% NextEra Energy Inc NEE 65339F101 241 18,479.88
0.52% Tenet Healthcare Corp THC 88033G407 140 18,417.00
0.52% Republic Services Inc RSG 760759100 100 18,159.00

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