JUNE

Dhandho Junoon ETF
CLOSING PRICECHANGE (%)VOLUME
$25.02-- (--)7.33K
3:29:00 p.m. (ET) 06/26/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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N/A

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

JUNE Fund Description

The Dhandho Junoon ETF tracks an index which follows three separate strategies: share buybacks, spin-offs, and hedge fund holdings . The portfolio consists of up to 100 US-listed stocks.

JUNE FactSet Analytics Insight

This fund is closed.  Its last day of trading was 6/26/17.

JUNE offers 3-in-1 exposure to three distinct buckets of US stocks. One bucket holds 33 companies with a recent history of buying back shares. Another holds 34 companies that are top holdings among a list of value-oriented hedge funds. The final buckets holds up to 33 companies that have been spun-off in the past seven years. JUNE may hold ADRs and MLPs, but utilities, consumer finance firms, oil & gas, airlines and REITs are excluded (the hedge fund bucket only excludes REITs).

JUNE's weighting is unusual . In 2009, the fund's underlying index was weighted 75% to buybacks, 20% to hedge fund picks and 5% to spin-offs, with equal weighting within the buckets. However, the index is not rebalanced. Instead, each bucket has a cash balance funded by dividends and the sale of removed constituents. Once a quarter, the cash balance is allocated among both newly added securities and current holdings, using different rules for each bucket.

JUNE launched in March 2016. The fund is more expensive to hold than most US equity ETFs, with a fee comparable to an actively-managed fund.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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JUNE Top 10 Countries

JUNE Top 10 Sectors

JUNE Top 10 Holdings View All

JUNE Summary Data

03/31/16
$3.33 M

JUNE Portfolio Data

$27.66 B
21.61
2.92
N/A
40

JUNE Index Data

Dhandho Junoon Index
Tiered
Proprietary

Related ETFs to JUNE

QDF, DGRW, TILT, FPX, VUSE
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

JUNE Portfolio Management

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JUNE Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

JUNE Fund Structure

No
No
0% / 100%
N/A
N/A
Closing
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 23:59:59
Daily Spread
Premium/Discount
Volume

JUNE FactSet Analytics Block Liquidity

5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of 06/26/17. 06/26/17 is rated a JUNE out of 5.

JUNE Tradability

2,067
615
$17.17 K
$0.14
0.00%
5.28% / -1.88%
None
100.00%
25,000
0.02
0.08%
0.09%
--
$25.91

JUNE Performance Statistics

0.70
1.02
0.99
0.85
0.41%