LBAY

Leatherback Long/Short Alternative Yield ETF
*Unless otherwise stated, data provided by FactSet.

LBAY Fund Description

LBAY is actively managed, seeking to provide monthly income and capital appreciation. The portfolio will generally be 75% - 110% net long. Long positions will focus on providing shareholder yield and short those expected to decline.

LBAY Factset Analytics Insight

LBAY is the first ETF from Leatherback Asset Management. The fund will focus on providing monthly distributions to investors. Using a quantitative and fundamental approach, the fund’s adviser selects securities they feel offer attractive, sustainable yield through dividends, buybacks or debt reduction. Long positions may include US common stocks, preferred stocks, closed-end funds, REITs, MLPs, BDCs, or YieldCos. Short positions will be established in securities considered overvalued, situations where financial and accounting irregularities appear, or poor governance is discovered. The adviser also has discretion to sell covered calls against individual positions or the entire portfolio if the risk/return premiums appear favorable.

LBAY MSCI ESG Analytics Insight

Leatherback Long/Short Alternative Yield ETF has an MSCI ESG Fund Rating of A based on a score of 6.97 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Leatherback Long/Short Alternative Yield ETF ranks in the 67th percentile within its peer group and in the 88th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 10/14/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
LBAY 2.79% 1.93% 16.57% -- -- -- --
LBAY (NAV) 3.84% 3.03% 17.70% -- -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

LBAY Summary Data

Leatherback
11/16/20
Open-Ended Fund
1.09%
$5.90M
$6.93K
0.30%

LBAY Portfolio Data

Long/Short Equity
--
N/A
39

LBAY Index Data

No Underlying Index
Proprietary
Proprietary
N/A

LBAY Portfolio Management

1.09%
--
--
--

LBAY Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

LBAY Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
High
Daily

LBAY Factset Analytics Block Liquidity

As of 10/15/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of LBAY. LBAY is rated a N/A out of 5.

LBAY Tradability

299
$6.93K
87
0
0.30%
$0.07
0.00%
0.37% / -0.36%
None
100.00%
25,000
0.00
0.04%
--
0
$23.93
N/A

LBAY Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

LBAY Top 5 Holdings Long

4.95%

LBAY Top 5 Holdings Short

-29.54%

LBAY Performance Statistics

--
7.85%
-5.32%
0.09
0.15
-0.10
0.29

LBAY Correlations (Daily Returns 12 Mo)

0.57
-0.07
0.39

LBAY MSCI ESG Ratings

6.97 / 10
87.61
66.97
2.51%
--
170.04