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TCV

Towle Value ETF·ARCA
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Key Stats

Assets Under Management
93.76MUSD
Fund Flows (1Y)
-4.68MUSD
Dividend Yield
0.27%
Discount/Premium to NAV
-0.01%
Shares Outstanding
3.10M
Expense Ratio
0.85%

About Towle Value ETF

Issuer
Empowered Funds, LLC
Brand
Towle
Inception Date
Jun 17, 2025
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Empowered Funds LLC
Distributor
Quasar Distributors LLC
TCV seeks to unlock opportunities for long-term capital appreciation. A core tenet of the Fund's strategy is Towle's independent, contrarian mindset, which actively challenges market consensus. Towle focuses on investments that are out-of-favor due to adverse business developments, industry-specific downturns, short-term earnings misses, unfavorable market sentiment, or other temporary factors. The strategy emphasizes identifying opportunities ahead of anticipated catalysts where even modest improvements in profitability can drive significant earnings expansion and stock price appreciation.

Classification

Asset Class
Equity
Category
Size and Style
Focus
Total Market
Niche
Value
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary

Analysis

Sector

Consumer Cyclical

23.69%

Industrials

21.33%

Energy

14.46%

Technology

8.39%

Financial Services

8.04%

Basic Materials

7.12%

Healthcare

6.67%

Consumer Defensive

5.32%

Real Estate

4.98%

Asset

Holdings

Symbol

Ratio

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GOLD

Gold.com
3.74%
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ARCB

ArcBest
3.17%
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PBF

PBF Energy
3.12%
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LBRT

Liberty Energy
3.03%
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BXC

Bluelinx
3.00%
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DLX

Deluxe
2.96%

Symbol

Ratio

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UNFI

United Natural Foods
2.90%
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AMR

Alpha Metallurgical
2.88%
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LEG

Leggett & Platt
2.79%
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HOV

Hovnanian Enterprises
2.75%

Top 10 Weight 30.34%

10 Total Holdings

See all holdings

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