Free Cash Flow Reporting
|EXCHANGE:||CBOE BZX Exchange, Inc.|
|INCEPTION DATE:||September 27, 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.
Fund Data & Pricing
|NET ASSETS AS OF|
|GROSS/NET EXPENSE RATIO||0.59%|
|30-DAY SEC YIELD AS OF 09/30/2020**||0.35%|
|MEDIAN 30 DAY SPREAD PERCENTAGE||0.08|
Fund Investment Objective
The TrimTabs All Cap US Free‐Cash‐Flow ETF (TTAC) focuses on generating long‐term returns that exceed those of the Russell 3000 Index. Through its active, “quantamental” investment process, TTAC seeks to identify the top 100 companies in the Russell 3000 index that are generating free cash flow, maintaining strong balance sheets, and reducing their share count
Where does TTAC fit into a portfolio?
Using a quantitative and disciplined approach, TTAC seeks to deliver alpha, or add value, beyond the popular, or major market averages. Because we target a similar level of volatility, TTAC can be used as a core equity holding.
Why invest in TTAC?
- For access to quality US companies exhibiting strong free cash flow growth, 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 share reduction with free cash flow can potentially deliver more value to shareholders`
- To potentially outperform the broad market: as an actively managed fund, TTAC’s objective is to achieve “alpha,” that is, to outperform its broad benchmark