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.

PERFORMANCE [as of 08/03/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
LBAY -1.94% -2.37% 10.93% 18.27% -- -- --
LBAY (NAV) -2.16% -2.45% 10.80% 18.02% -- -- --
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
1.43%
$50.12M
$817.97K
0.31%

LBAY Portfolio Data

Long/Short Equity
2.84%
N/A
--

LBAY Index Data

No Underlying Index
Proprietary
Proprietary
N/A

LBAY Portfolio Management

1.43%
--
--
--

LBAY Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

LBAY Fund Structure

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

LBAY Factset Analytics Block Liquidity

As of 08/04/22
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

29,743
$817.97K
17,331
$468.42K
0.31%
$0.08
0.01%
0.43% / -0.54%
None
100.00%
25,000
0.69
0.04%
--
0
$26.90
N/A

LBAY Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

LBAY Top 5 Holdings Short

-33.74%

LBAY Performance Statistics

18.02%
10.18%
-6.51%
0.07
0.12
-0.18
0.18

LBAY Correlations (Daily Returns 12 Mo)

0.44
0.08
0.32