- What does FDAT invest in?
- The fund is an actively managed “fund-of ETFs.” Family Dynasty Advisors LLC, the fund’s sub-adviser, invests the fund’s assets in ETFs that are listed on U.S. stock exchanges. The fund will invest in underlying ETFs that primarily invest in U.S. equity securities or high-yield bonds. Additionally, the fund will hold cash and cash equivalents.
- What is the expense ratio of FDAT?
- Tactical Advantage ETF (FDAT) charges an expense ratio of 0.78%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FDAT's dividend yield?
- FDAT's trailing-twelve-month yield is 5.92%, calculated from the sum of dividends over the past year divided by the current price.
- How big is FDAT?
- Tactical Advantage ETF (FDAT) manages $35.5M 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 FDAT actively managed or an index fund?
- FDAT is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FDAT's is 0.78%) in exchange for the discretion to over- or under-weight positions.
- When was FDAT launched?
- Tactical Advantage ETF (FDAT) launched in April 2023 and is managed by Tactical Funds.
