LBAYLeatherback Long/Short Alternative Yield ETF
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 Portfolio Management
LBAY Tax Exposures
LBAY Fund Structure
LBAY Factset Analytics Block Liquidity
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 Asset Allocation