Impact Shares Affordable Housing MBS ETF

OWNS

OWNS

Fund Description and Objective

OWNS invests in agency mortgage-backed securities (MBS) backed by pools of mortgage loans made to minority families, low- and moderate-income (LMI) families, and/or families that live in persistent poverty areas. OWNS seeks to invest in the dignity of homeownership for these traditionally underserved communities.

Home loans include those in census tracts where more than 50% of the population is non-white and at least 40% of the population is living at or below the poverty line. Additionally, OWNS will include loans in counties where 20% or more of the population has lived in poverty for more than 20 years and loans to minority borrowers or loans originated in a census tract where more than 50% of the population is a minority. OWNS also looks to invest in MBS backed by pools of loans sourced from non-traditional originators including Community Development Financial Institutions (CDFIs) and minority-owned banks.

  • Sub-advised by Community Capital Management (CCM), a pioneer in fixed income impact investing.
  • OWNS invests primarily in agency mortgage-backed securities (MBS) issued by Fannie Mae, Freddie Mac and Ginnie Mae.
  • Over half of the loans in OWNS will be made to low-and moderate-income (LMI) borrowers
  • Offers investors a capital markets solution for bridging the racial wealth gap to help address the affordable housing crisis in the U.S. and looks to make a positive impact on the well-being of individuals, families, and communities.

Fund Information

wdt_ID Name Data
1 Inception Date 7/26/2021
2 Ticker OWNS
3 Primary Exchange NYSE Arca
4 CUSIP 45259R103
5 Net Expense Ratio* 0.30%
6 Gross Expense Ratio 0.49%

*Community Capital Management LLC, the Sub-Adviser has contractually agreed to limit the total annual operating expenses (exclusive of fees paid by the Fund pursuant to its distribution plan under Rule 12b-1 under the Investment Company Act of 1940, as amended, taxes, brokerage commissions and other transaction costs, interest payments, acquired fund fees and expenses, extraordinary expenses and dividend expenses on short sales) of the Fund to 0.30% through at least June 30, 2022. This contract may not be terminated without the action or consent of the Fund’s Board of Trustees.

Fund Data & Pricing

Data as of

Performance

RETURNS

Inception Date: 07/26/2021

DAILY CHANGE

Net Asset Value (NAV)

Market Price

PREMIUM/DISCOUNT

DISTRIBUTION DETAIL

wdt_ID Ex-Date Record Date Payable Date Amount
1 09/27/21 08/98/21 09/30/21 $0.04

Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor`s shares, when redeemed or sold, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns for periods of less than one year are not annualized. Market returns does not represent the returns you would receive if you traded shares at other times. For performance data current to the most recent month end, please call 844-448-3383.

MARKET PRICE Beginning 12/17/2020, the market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. Prior to 12/17/2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of (4:00 PM Eastern Time).

NAV The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

30-Day Median Bid Ask Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

Holdings

TOP 10 HOLDINGS

Holdings are subject to change.

Data as of

Sector Allocation

As of 09/30/2021

Sector Weight
Information Technology 31.53%
Health Care 11.53%
Media & Entertainment 11.56%
Consumer Discretionary 10.60%
Financials 8.25%
Industrials 7.88%
Others 13.48%

Literature

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Purchase Information

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