# Dana Unconstrained Equity ETF (DUNK): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dunk for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Dana · Asset class: Equity - Strategy: — · Inception: 2025-09-15 The DUNK ETF strategically allocates its capital to enterprises actively leading or effectively adjusting to significant transformative trends. These encompass sectors such as online commerce, distributed computing, digital advertising, electric vehicles, biotechnology, and artificial intelligence. The fund maintains a concentrated portfolio, typically holding 15 to 30 equities. These holdings are chosen based on strong financial underpinnings, prudent valuation, and their connection to long-term profitability within these innovative domains. While its primary emphasis is on large, establis... ## Key Facts | Metric | Value | |---|---| | Price | $28.88 | | Expense Ratio | 0.75% | | Assets Under Management | $176.8M | | NAV | $29.22 | | Holdings Count | 0 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $19.50 – $29.89 | | Beta | 1.38 | ## Frequently Asked Questions ### What does DUNK invest in? The DUNK ETF strategically allocates its capital to enterprises actively leading or effectively adjusting to significant transformative trends. These encompass sectors such as online commerce, distributed computing, digital advertising, electric vehicles, biotechnology, and artificial intelligence. The fund maintains a concentrated portfolio, typically holding 15 to 30 equities. These holdings are chosen based on strong financial underpinnings, prudent valuation, and their connection to long-term profitability within these innovative domains. While its primary emphasis is on large, established companies, the ETF has the flexibility to invest in smaller firms and can incorporate international exposure through depositary receipts or holdings in developing markets when deemed appropriate. To mitigate risk, no individual position will surpass 15% of total assets. Additionally, up to 20% of the fund's assets may be held in cash, providing tactical flexibility. This conviction-based methodology allows the portfolio to adapt rapidly and capitalize on new opportunities as they emerge across diverse industries. By pairing strict valuation discipline with a sharp focus on disruptive growth, the strategy aims to capture gains driven by innovation while simultaneously minimizing the risk of overpaying for currently popular market themes. ### What is the expense ratio of DUNK? Dana Unconstrained Equity ETF (DUNK) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is DUNK? Dana Unconstrained Equity ETF (DUNK) manages $176.8M 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 DUNK actively managed or an index fund? DUNK's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was DUNK launched? Dana Unconstrained Equity ETF (DUNK) launched in September 2025 and is managed by Dana. ### How has DUNK performed? DUNK'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 DUNK pay a dividend? Dana Unconstrained Equity ETF (DUNK) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DUNK pay dividends? Dana Unconstrained Equity ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is DUNK's dividend yield? DUNK's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is DUNK's next ex-dividend date? DUNK hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will DUNK'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 DUNK charge its expense ratio? The expense ratio is deducted in tiny daily slices from DUNK'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 DUNK cost more than a fund like VOO? DUNK's strategy (current expense ratio 0.75%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where DUNK sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to DUNK? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as DUNK (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/dunk - Distribution history: https://www.dividenddata.com/funds/dunk/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dunk/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dunk/expenses - Peer comparison: https://www.dividenddata.com/funds/dunk/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.