Morningstar

TrueShares Active Yield ETF ERNZ

Morningstar Medalist Rating
Medalist Rating as of | See TrueMark Investment Hub

Morningstar’s Analysis ERNZ

Will ERNZ outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ERNZ’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ERNZ management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ERNZ’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in TrueShares Active Yield ETF's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ERNZ

More ERNZ Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Arbor Realty Trust Inc

3.11 4.8 Mil
Real Estate

Oaktree Specialty Lending Corp BDC

3.05 4.7 Mil
Financial Services

Cornerstone Strategic Value

3.04 4.7 Mil
—

Guggenheim Strategic Opp Fund

3.03 4.7 Mil
—

International Seaways Inc

3.02 4.6 Mil
Energy

Nordic American Tankers Ltd

2.95 4.5 Mil
Energy

DHT Holdings Inc

2.87 4.4 Mil
Energy

Prospect Capital Corp

2.57 3.9 Mil
Financial Services

Global Net Lease Inc

2.53 3.9 Mil
Real Estate

Hercules Capital Inc

2.53 3.9 Mil
Financial Services

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