Impact Shares NAACP Minority Empowerment ETF
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.1%
1 yr return
27.9%
3 Yr Avg Return
7.7%
5 Yr Avg Return
14.2%
Net Assets
$43.5 M
Holdings in Top 10
41.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.49%
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 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NACP - Profile
Distributions
- YTD Total Return 9.1%
- 3 Yr Annualized Total Return 7.7%
- 5 Yr Annualized Total Return 14.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.03%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameImpact Shares NAACP Minority Empowerment ETF
-
Fund Family NameImpact Shares
-
Inception DateJul 18, 2018
-
Shares Outstanding1274885
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEthan Powell
Fund Description
1 | The UN Global Compact is an arrangement by which companies voluntarily and publicly commit to a set of principles, known as the Ten Principles of the UN Global Compact, all of which are drawn from key UN Conventions and Declarations, in four areas: (i) human rights; (ii) labor; (iii) environment; and (iv) anti-corruption. |
NACP - Performance
Return Ranking - Trailing
Period | NACP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.1% | -47.2% | 13.8% | 5.18% |
1 Yr | 27.9% | -38.4% | 44.8% | 9.97% |
3 Yr | 7.7%* | -15.0% | 26.9% | 30.54% |
5 Yr | 14.2%* | -8.9% | 106.7% | 10.19% |
10 Yr | N/A* | 0.2% | 20.6% | 82.30% |
* Annualized
Return Ranking - Calendar
Period | NACP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 27.9% | -42.6% | 47.4% | 4.07% |
2022 | -25.6% | -56.3% | -4.2% | 79.01% |
2021 | 23.7% | -27.2% | 53.7% | 20.21% |
2020 | 23.9% | -36.2% | 2181.7% | 2.88% |
2019 | 29.0% | -22.7% | 40.4% | 12.33% |
Total Return Ranking - Trailing
Period | NACP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.1% | -47.2% | 13.8% | 5.18% |
1 Yr | 27.9% | -38.4% | 44.8% | 9.97% |
3 Yr | 7.7%* | -15.0% | 26.9% | 30.54% |
5 Yr | 14.2%* | -8.9% | 106.7% | 10.19% |
10 Yr | N/A* | 0.2% | 20.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | NACP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 29.7% | -5.0% | 47.4% | 7.35% |
2022 | -23.0% | -36.8% | -2.2% | 94.31% |
2021 | 27.6% | 3.0% | 124.3% | 38.63% |
2020 | 25.9% | -15.8% | 2266.0% | 3.56% |
2019 | 30.4% | -0.4% | 241.3% | 46.41% |
NACP - Holdings
Concentration Analysis
NACP | Category Low | Category High | NACP % Rank | |
---|---|---|---|---|
Net Assets | 43.5 M | 2.34 M | 1.55 T | 93.88% |
Number of Holdings | 200 | 1 | 4053 | 33.59% |
Net Assets in Top 10 | 17.3 M | 885 K | 387 B | 93.33% |
Weighting of Top 10 | 41.48% | 0.3% | 112.0% | 19.86% |
Top 10 Holdings
- NVIDIA CORP COMMON STOCK 10.38%
- STIT GOVT AGENCY INST CLASS INSTITUTIONAL 5.53%
- APPLE INC COMMON STOCK 5.34%
- META PLATFORMS INC COMMON STOCK 3.92%
- AMAZON.COM INC COMMON STOCK 3.64%
- ALPHABET INC-CL A COMMON STOCK 3.01%
- TESLA INC COMMON STOCK 2.73%
- ALPHABET INC-CL C COMMON STOCK 2.69%
- SALESFORCE INC COMMON STOCK 2.21%
- JPMORGAN CHASE CO COMMON STOCK 2.03%
Asset Allocation
Weighting | Return Low | Return High | NACP % Rank | |
---|---|---|---|---|
Stocks | 94.34% | 0.00% | 124.03% | 92.31% |
Cash | 5.66% | 0.00% | 99.06% | 6.67% |
Preferred Stocks | 0.00% | 0.00% | 2.38% | 69.31% |
Other | 0.00% | -13.91% | 100.00% | 80.22% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 67.09% |
Bonds | 0.00% | -0.50% | 93.78% | 68.68% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NACP % Rank | |
---|---|---|---|---|
Technology | 26.75% | 0.00% | 48.94% | 14.22% |
Healthcare | 14.75% | 0.00% | 60.70% | 41.13% |
Consumer Cyclical | 11.70% | 0.00% | 30.33% | 25.88% |
Financial Services | 11.29% | 0.00% | 55.59% | 86.74% |
Communication Services | 10.20% | 0.00% | 27.94% | 16.13% |
Industrials | 6.90% | 0.00% | 29.90% | 90.89% |
Energy | 5.79% | 0.00% | 41.64% | 15.89% |
Consumer Defense | 4.79% | 0.00% | 47.71% | 86.26% |
Utilities | 4.30% | 0.00% | 20.91% | 12.14% |
Basic Materials | 1.86% | 0.00% | 25.70% | 79.55% |
Real Estate | 1.67% | 0.00% | 31.91% | 73.64% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NACP % Rank | |
---|---|---|---|---|
US | 94.34% | 0.00% | 124.03% | 82.97% |
Non US | 0.00% | 0.00% | 62.81% | 73.31% |
NACP - Expenses
Operational Fees
NACP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.49% | 0.01% | 16.07% | 75.04% |
Management Fee | 0.49% | 0.00% | 1.89% | 45.35% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 14.73% |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
NACP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
NACP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | 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.
NACP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 496.00% | 46.58% |
NACP - Distributions
Dividend Yield Analysis
NACP | Category Low | Category High | NACP % Rank | |
---|---|---|---|---|
Dividend Yield | 1.17% | 0.00% | 25.84% | 56.57% |
Dividend Distribution Analysis
NACP | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Annual |
Net Income Ratio Analysis
NACP | Category Low | Category High | NACP % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.03% | -54.00% | 6.06% | 31.25% |
Capital Gain Distribution Analysis
NACP | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.111 | OrdinaryDividend |
Dec 29, 2023 | $0.108 | OrdinaryDividend |
Sep 29, 2023 | $0.121 | OrdinaryDividend |
Jun 30, 2023 | $0.100 | OrdinaryDividend |
Mar 31, 2023 | $0.107 | OrdinaryDividend |
Sep 30, 2022 | $0.095 | OrdinaryDividend |
Jun 30, 2022 | $0.088 | OrdinaryDividend |
Mar 31, 2022 | $0.083 | OrdinaryDividend |
Sep 30, 2021 | $0.070 | OrdinaryDividend |
Jun 30, 2021 | $0.068 | OrdinaryDividend |
Mar 31, 2021 | $0.074 | OrdinaryDividend |
Sep 30, 2020 | $0.059 | OrdinaryDividend |
Jun 30, 2020 | $0.045 | OrdinaryDividend |
Mar 31, 2020 | $0.063 | OrdinaryDividend |
Sep 30, 2019 | $0.072 | OrdinaryDividend |
Jun 28, 2019 | $0.072 | OrdinaryDividend |
Mar 29, 2019 | $0.076 | OrdinaryDividend |
Sep 28, 2018 | $0.049 | OrdinaryDividend |
NACP - Fund Manager Analysis
Managers
Ethan Powell
Start Date
Tenure
Tenure Rank
Jul 12, 2018
3.89
3.9%
Mr. Powell, has spent over two decades in financial services, primarily in hedge funds and private equity. Most recently Ethan founded Impact Shares which is a single issue ESG ETF issuer. Mr. Powell is the Chief Product Strategist, Executive Vice President and Secretary of Highland Capital Management Fund Advisors, L.P. and was previously a Senior Retail Fund Analyst at HCMFA and its predecessor since 2007. He has served as the Secretary of the funds in the Highland Fund Complex since November 2010 and as the Executive Vice President of the funds in the Highland Fund Complex since June 2012. Prior to joining HCMFA and its predecessor, Mr. Powell was the manager in the Merger and Acquisitions Division at Ernst & Young from 1999 to 2007.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.23 | 2.42 |