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Impact Shares NAACP Minority Empowerment ETF (NACP)

40.91 -0.73 (-1.75%)
At close: October 31 at 3:59 PM EDT

ETF Summary

The fund will, under normal circumstances, invest at least 80% of its total assets, plus borrowings for investment purposes (the "80% basket") in component securities of the underlying index ("Component Securities"). The underlying index is designed to measure the performance of large and mid- capitalization companies that are "empowering to minorities," and to exhibit risk and return characteristics similar to those of the Morningstar U.S. Large-Mid Cap ? Index.

ETF Overview

Category Large Blend
Fund Family Impact Shares
Net Assets 50.66M
YTD Daily Total Return 21.45%
Yield 1.04%
Legal Type Exchange Traded Fund

ETF Operations

Attributes NACP Category Average
Annual Report Expense Ratio (net) 0.49% 0.77%
Holdings Turnover 0.00% 47.19%
Total Net Assets 349,260.28 349,260.28

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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