# LeaderShares Activist Leaders ETF (ACTV): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/actv for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Leader Shares · Asset class: U.S. Equities - Strategy: Actively Managed · Inception: 2020-10-27 The LeaderShares Activist Leaders ETF seeks to generate long-term capital growth. The Fund is an actively managed exchange-traded fund (“ETF”) that employs an investment approach that focuses on equity securities that are the target of shareholder activism. These equity securities are identified using a proprietary quantitative methodology built on the foundation of tracking legally mandated filings known as "13D" filings that are submitted with the Securities and Exchange Commission (“SEC”). Rules adopted under the Securities Exchange Act of 1934 require a shareholder that acquires, with a... ## Key Facts | Metric | Value | |---|---| | Price | $33.14 | | Expense Ratio | 0.75% | | Assets Under Management | $8.3M | | NAV | $33.15 | | Holdings Count | 10 | | Distribution Yield (TTM) | 1.28% | | Annual Distribution (TTM) | $0.42 /share | | Distribution Frequency | Annual | | 52-Week Range | $27.04 – $34.79 | | Beta | 1.09 | ## Latest Distribution - Amount: $0.4243 /share - Ex-date: 2025-10-23 - Pay date: 2025-10-24 ## Frequently Asked Questions ### What does ACTV invest in? The LeaderShares Activist Leaders ETF seeks to generate long-term capital growth. The Fund is an actively managed exchange-traded fund (“ETF”) that employs an investment approach that focuses on equity securities that are the target of shareholder activism. These equity securities are identified using a proprietary quantitative methodology built on the foundation of tracking legally mandated filings known as "13D" filings that are submitted with the Securities and Exchange Commission (“SEC”). Rules adopted under the Securities Exchange Act of 1934 require a shareholder that acquires, with an activist intent, more than 5% of a company's shares to file a form with the SEC known as a Schedule 13D that discloses the investor's identity and the investor’s purpose in acquiring those shares. ### What is the expense ratio of ACTV? LeaderShares Activist Leaders ETF (ACTV) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is ACTV? LeaderShares Activist Leaders ETF (ACTV) manages $8.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is ACTV actively managed or an index fund? ACTV is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ACTV's is 0.75%) in exchange for the discretion to over- or under-weight positions. ### When was ACTV launched? LeaderShares Activist Leaders ETF (ACTV) launched in October 2020 and is managed by Leader Shares. ### How has ACTV performed? ACTV's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does ACTV pay a dividend? LeaderShares Activist Leaders ETF (ACTV) currently distributes little or no income. Trailing-twelve-month yield is 1.28%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does ACTV pay dividends? LeaderShares Activist Leaders ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is ACTV's dividend yield? ACTV's trailing-twelve-month yield is 1.28%, calculated from the sum of dividends over the past year divided by the current price. ### When is ACTV's next ex-dividend date? The most recently announced ex-dividend date for ACTV was 2025-10-23. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will ACTV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.75% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does ACTV charge its expense ratio? The expense ratio is deducted in tiny daily slices from ACTV's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does ACTV cost more than a fund like VOO? ACTV is actively managed (current expense ratio 0.75%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether ACTV's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to ACTV? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as ACTV (0.75%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/actv - Distribution history: https://www.dividenddata.com/funds/actv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/actv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/actv/expenses - Peer comparison: https://www.dividenddata.com/funds/actv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.