Fund Info
EXCHANGE: | CBOE BZX Exchange, Inc. |
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TICKER: | TTAI |
CUSIP: | 89628W401 |
INCEPTION DATE: | June 28, 2017 |
NAV SYMBOL: | TTAI.NV |
NET ASSETS AS OF 08/17/2018 | $10,428,615.74 |
SHARES OUTSTANDING | 400,000 |
CLOSING PRICE | $26.08 |
NAV | $26.07 |
PREMIUM/DISCOUNT | 0.04% |
GROSS/NET EXPENSE RATIO | 0.59% |
30-DAY SEC YIELD AS OF 12/31/2020** | 1.21% |
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Median 30 Day Bid/Ask Spread | 0.07 |
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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 Investment Objective
The TrimTabs International Free Cash Flow Quality ETF (TTAI) seeks to generate long‐term returns in excess of the total return of the S&P Developed ex‐U.S. BMI® Index (the “Index”), with similar volatility to that Index. The Adviser employs a quantamental process using proprietary quantitative models to generate decile rankings (i.e., top 10%, top 20%, top 30%, etc.) for stocks included in the Index, which is based on the following criteria:
(1) Strong Free Cash Flow: based on proprietary measures of Free Cash Flow profitability and growth (Free Cash Flow (FCF) represents the cash that a company is able to generate after accounting for capital expenditures);
(2) High-Quality Balance Sheets: based on proprietary measures of quality, leverage and underlying trends;
(3) Actual Share Reduction: based on the relative decrease and trend in their outstanding shares over different periods in real‐time.
The top decile of stocks ranked represent the companies with (1) the strongest proprietary Free Cash Flow rankings, (2) strongest proprietary balance sheet rankings, and (3) the largest share reduction rankings, respectively, based on the Adviser’s sequential layering process.
Why invest in TTAI?
Our decades of proprietary research has shown that strong Free Cash Flow is the best indicator of high‐quality companies. The TrimTabs International Free Cash Flow Quality ETF (TTAI) utilizes a modern diversified investment process, offering investors quality International equity exposure, along with the goal of achieving alpha.
Where does TTAI fit into a portfolio?
Quality International Ex-US Exposure: TTAI offers quality core international equity exposure utilizing our decades of proprietary research, which has shown that strong Free Cash Flow is the best indicator of high‐quality companies. When Paired with TTAC, Global Equity Exposure: TTAI targets a similar level of volatility as the major developed Ex‐US market averages, while offering core equity exposure across a range of countries, sectors, and economies.
Alpha Sleeve: Our strategy seeks to deliver alpha, or positive asymmetric returns, beyond the major developed Ex‐US market averages.
ESG: TTAI has tended to rank very well on an ESG scale. We believe that companies with strong Free Cash Flow and cushions of cash have greater fiscal flexibility to pursue environmental, social and governance goals.
Nav and Market Price
TrimTabs International Free Cash Flow Quality ETF
As of December 31, 2020
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Market Price |
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Performance
QUARTER END PERFORMANCE (As of 12/31/2020 ) | ||||||
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Quarter | 1 Yr | 2 Yr | 3 Yr |
Annualized Since Inception 6/27/2017 - 12/31/2020 |
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Fund Performance | ||||||
Market Price | 16.20% | 18.30% | 21.36% | 6.61% | 8.31% | |
NAV | 16.62% | 18.83% | 21.41% | 7.05% | 8.37% | |
S&P Developed Ex-US BMI TR | 17.18% | 10.58% | 16.20% | 4.77% | 7.04% |
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).
Top 10 Holdings
Premium Discount
TrimTabs International Free Cash Flow Quality ETF
January 2, 2019 to December 31, 2020

Calender Year 2019 | Calender Year 2020 through December 31, 2020 | |
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Days Traded at premium |
142 |
133 |
Days Traded at net asset value |
0 |
0 |
Days Traded at discount |
110 |
120 |
Distribution
DISTRIBUTION DETAIL | ||||||
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EX- Date | Record Date | Payable Date | Amount | |||
12/28/2017 | 12/29/2017 | 01/02/2018 | $0.07160616 | |||
12/28/2018 | 12/31/2018 | 01/02/2019 | $0.20479334 | |||
12/30/2019 | 12/31/2019 | 01/02/2020 | $0.51465475 | |||
12/30/2020 | 12/31/2020 | 01/04/2020 | $0.20292472 |