Fund Description
The LeaderShares Dynamic Yield ETF seeks current income. The Fund is an actively managed exchange traded fund ( ETF ) that employs a top-down investment process driven by a quantitative model process that incorporates various fundamental and technical inputs to help the Adviser determine the most attractive sectors and segments of the bond market from a risk-reward perspective. The Adviser utilizes its quantitative research models to seek to identify when the opportunities for yield from increased credit risk and/or duration risk is sufficient to compensate for the relative risk of those exposures as compared to lower credit risk and/or shorter duration risk, and when to take more defensive positions if the yield premium relative to risk is less attractive due to greater risk of loss or downside volatility. The Fund normally invests, directly or indirectly, at least 80% of its net assets, including any borrowings for investment purposes, in a diversified portfolio of fixed income instruments. The Fund is not managed relative to an index and has broad flexibility to allocate its assets across different types of securities and sectors of the fixed income markets. The principal investments of the Fund include corporate bonds, U.S. government and agency securities, private debt, foreign sovereign bonds, convertible securities, bank loans, asset-backed securities, mortgage-backed securities, and cash equivalent instruments. The Fund may also invest in other investment companies, including other exchange-traded funds.
Fund Profile
Fund Name LeaderShares Dynamic Yield ETF
Fund Exchange Ticker DYLD
Fund Sponsor LeaderShares
Fund ISIN US90214Q6750
Net Expense Ratio 0.75 %
Fund Inception Date 28 June 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Bond Type Broad Market
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination Multiple Currencies
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 89.61 Million (USD)
1 Month Total Return -3.19 %
Year To Date Return -10.46 %
1 Year Total Return -9.55 %
3 Year Annualized Total Return
NAV 22.4035
Share Outstanding 4,000,000
Top 10 Holdings (28 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
US DOLLARS CASH 0.1187919065
B 01/26/23 BILL 0.0539867447
B 02/23/23 BILL 0.0537115406
T 1 1/2 02/29/24 BOND 0.0526959590
T 1 1/2 02/15/25 BOND 0.0524165484
B 07/14/22 BILL 0.0218021771
B 08/18/22 BILL 0.0217705201
B 09/08/22 BILL 0.0217540948
B 10/06/22 BILL 0.0217179847
B 11/03/22 BILL 0.0217127931