RNWZ
TrueShares Eagle Global Renewable Energy Income ETF·ARCA
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Key Stats
Assets Under Management
2.75MUSD
Fund Flows (1Y)
-263.20KUSD
Dividend Yield
2.32%
Discount/Premium to NAV
0.08%
Shares Outstanding
100.00K
Expense Ratio
0.75%
About TrueShares Eagle Global Renewable Energy Income ETF
Issuer
TrueMark Investments, LLC
Brand
TrueShares
Home Page
Inception Date
Dec 8, 2022
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
Truemark Investments LLC
Distributor
Paralel Distributors LLC
RNWZ provides exposure to the global transition to clean energy. The fund aims to invest in US and non-US companies that primarily own or operate alternative or renewable energy facilities, such as those used in the development, generation, production, transmission, storage, and sale of biofuels, solar, wind, hydro, nuclear, or geothermal power. These assets typically generate stable cash flow streams from long-term contracts with governments, utilities, and corporations. The fund may hold small-, mid-, and large-cap equities, including depositary receipts. The fund adviser uses a fundamentally driven approach for selection, which includes analyzing global macroeconomic and geo-political factors, internal valuation methods, and projected rate of return. The fund adviser has full discretion to buy, hold, or sell portfolio securities at any time.
Classification
Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Renewable Energy
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Analysis
Sector
Utilities
91.53%
Financial Services
6.44%
Industrials
2.03%
Utilities
91.53%
Financial Services
6.44%
Industrials
2.03%
Asset
Holdings
Symbol
Ratio
American Electric Power Co Inc
9.90%
Enel SpA
7.92%
RWE AG
7.91%
NEE
Nextera
6.93%
HASI
Hannon Armstrong
6.26%
CWEN.A
Clearway Energy A
5.99%
Symbol
Ratio
Endesa SA
4.43%
Orsted AS
4.05%
Drax Group PLC
3.97%
SSE PLC
3.93%
Top 10 Weight 61.29%
10 Total Holdings
See all holdings
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