Anfield Diversified Alternatives ETF

Introducing DALT

The Anfield Diversified Alternatives ETF

Fund Objective:

The Anfield Capital Diversified Alternatives ETF (“the Fund”) seeks to provide capital growth and income with positive return over full market cycles. The Fund invests in a broad spectrum of asset classes with tactical adjustments made by the portfolio management team in an effort to reduce risk and increase return. The portfolio may invest in all domestic and international asset classes, including but not limited to equity, debt, commodities, all categories of alternatives and real estate. The portfolio managers will look to invest in a diverse set of assets classes, typically ten different markets, sectors, and themes with a target of approximately 20 to 30 different positions, dependent on market conditions.

Investment Strategy:

The Fund is an actively managed exchange traded fund (“ETF”) and seeks to achieve its investment objective by investing primarily in alternative asset classes and securities that represent sectors, market segments or asset classes that do not represent the general investment universe. The Fund will implement this strategy primarily through investments in unaffiliated ETFs, closed-end funds (“CEFs”), business development companies (“BDCs”) and real estate investment trusts (“REITs”). The market segments and sectors represented in these securities will typically have a lower correlation to the general equity and fixed income markets and whose performance and volatility is affected by factors different from those that determine the general direction of the equity and fixed income markets.

Fund Details as of 05/05/2021

Ticker: DALT

Primary Exchange: Cboe BZX Exchange

Cusip: 90213U115

Inception Date: 09/29/2017

Net Assets: $65,987,090.76

Shares Outstanding: 6,450,000

Advisor Fee: 0.80%

Total Expense Ratio: 1.30%

30-Day SEC Yield: 1.81

Distribution Rate: 0

NAV: $10.23

Closing Market Price: $10.24

Premium Discount: $0.01

30 Day Median Bid/Ask Spread: 0.29%

Fund Documents:

Top Holdings as of 05/05/2021

Market Value % Net Assets % Name Market Price Shares Held Market Value
7.73% 7.73% JANUS HENDERSON SHORT DUR $50.18 101,644 $5,100,495.92
5.89% 5.89% BLACKSTONE GRO-A $88.07 44,139 $3,887,321.73
4.88% 4.88% EATON VA-T/M B/W $15.9615 201,899 $3,222,610.89
4.84% 4.84% ISHARES PREFERRED & INCOM $38.51 82,947 $3,194,288.97
4.4% 4.4% FLAHERTY & CRUMR $23.175 125,247 $2,902,599.23
4.06% 4.06% ABERDEEN STANDARD PHYSICA $277.07 9,668 $2,678,712.76
3.83% 3.83% US DOLLAR FUTURE $1 2,530,079 $2,530,079.03
3.65% 3.65% CROWN CASTLE INT $183.18 13,166 $2,411,747.88
3.01% 3.01% SPDR BBG BARC CONVERTIBLE $82.99 23,915 $1,984,705.85
2.97% 2.98% AMERICAN TOWER C $248.6 7,898 $1,963,442.80

Download All Holdings (.csv)

Approval Code: 4751-NLD-7/2/2018

The median bid-ask spread is calculated by identifying the national best bid and national best offer (“NBBO”) for each fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.