The TrimTabs Float Shrink ETF (TTAC) focuses on generating long-term returns that exceed those of the Russell 3000 index. Through quantitative analysis and an active management process focused on selecting companies that are both generating free cash flow and reducing their share count, TTAC identifies the 100 companies listed on the Russell 3000 index that best fulfill its investment criteria.
Using a quantitative and disciplined approach, TTAC seeks to add value beyond the popular stock market averages. Because we target a similar level of volatility, TTAC can be used as a core equity holding.
-For access to quality companies with high free cash flow—healthy balance sheets and cash on hand to grow their businesses
-To get a bigger piece of that “higher quality pie”: companies executing share buybacks or "float shrink" with free cash flow can deliver more value to shareholders
-To potentially outperform the broad market: as an actively managed fund, TTAC offers investors the potential to achieve “alpha,” that is, to outperform its broad benchmark
|INCEPTION DATE:||September 28, 2016|
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.
|NET ASSETS AS OF 06/26/2017||$26,022,167.19|
|GROSS/NET EXPENSE RATIO||0.59%|
|30-DAY SEC YIELD AS OF 5/31/17**||0.71%|
|QUARTER END PERFORMANCE (As of 03/31/2017 )|
|Quarter||1 Yr||2 Yr||
9/27 - 3/31/2017
|Russell 3000TR Index||5.74%||18.07%||8.47%||10.66%|
Expense Ratio: 0.59%.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will uctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling (toll free 800-617-0004).
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.
|EX- Date||Record Date||Payable Date||Amount|
|Ticker||CUSIP||Security Description||Shares||Market Value||% of Net Assets|
|LUV||844741108||SOUTHWEST AIRLS CO||5779.00||356853.25||1.37|
|STMP||852857200||STAMPS COM INC||2190.00||331237.50||1.27|
|UAL||910047109||UNITED CONTL HLDGS INC||4255.00||327762.65||1.26|
|BBY||086516101||BEST BUY INC||5777.00||325187.33||1.25|
|CHE||16359R103||CHEMED CORP NEW||1506.00||309226.98||1.19|
|DPZ||25754A201||DOMINOS PIZZA INC||1402.00||306869.76||1.18|
|NUS||67018T105||NU SKIN ENTERPRISES INC||4803.00||306287.31||1.18|
|DECK||243537107||DECKERS OUTDOOR CORP||4483.00||300092.02||1.15|