# TrueShares Technology, AI and Deep Learning ETF (LRNZ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/lrnz for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: TrueShares · Asset class: Equity - Strategy: Actively Managed · Inception: 2020-02-28 This ETF typically dedicates at least 80% of its net assets—including any funds borrowed for investment purposes—to the common stock of companies operating in the technology, artificial intelligence, and deep learning sectors. The fund also retains the flexibility to invest in small and mid-capitalization companies, a strategy the Adviser believes may lead to enhanced capital appreciation and dividend yield from these comparatively smaller firms. It is important to note that this fund is structured as non-diversified. ## Key Facts | Metric | Value | |---|---| | Price | $65.19 | | Expense Ratio | 0.68% | | Assets Under Management | $44.5M | | NAV | $66.46 | | Holdings Count | 26 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Special | | 52-Week Range | $37.89 – $72.21 | | Beta | 1.79 | ## Latest Distribution - Amount: $0.0626 /share - Ex-date: 2021-12-29 - Pay date: 2021-12-31 ## Frequently Asked Questions ### What does LRNZ invest in? This ETF typically dedicates at least 80% of its net assets—including any funds borrowed for investment purposes—to the common stock of companies operating in the technology, artificial intelligence, and deep learning sectors. The fund also retains the flexibility to invest in small and mid-capitalization companies, a strategy the Adviser believes may lead to enhanced capital appreciation and dividend yield from these comparatively smaller firms. It is important to note that this fund is structured as non-diversified. ### What is the expense ratio of LRNZ? TrueShares Technology, AI and Deep Learning ETF (LRNZ) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is LRNZ? TrueShares Technology, AI and Deep Learning ETF (LRNZ) manages $44.5M 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 LRNZ actively managed or an index fund? LRNZ is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LRNZ's is 0.68%) in exchange for the discretion to over- or under-weight positions. ### When was LRNZ launched? TrueShares Technology, AI and Deep Learning ETF (LRNZ) launched in February 2020 and is managed by TrueShares. ### How has LRNZ performed? LRNZ'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 LRNZ pay a dividend? TrueShares Technology, AI and Deep Learning ETF (LRNZ) 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 LRNZ pay dividends? TrueShares Technology, AI and Deep Learning ETF pays dividends Special. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is LRNZ's dividend yield? LRNZ's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is LRNZ's next ex-dividend date? The most recently announced ex-dividend date for LRNZ was 2021-12-29. The next ex-date typically follows Special; once announced it appears at the top of the dividend history table on this page. ### How much will LRNZ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.68% 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 LRNZ charge its expense ratio? The expense ratio is deducted in tiny daily slices from LRNZ'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 LRNZ cost more than a fund like VOO? LRNZ is actively managed (current expense ratio 0.68%). 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 LRNZ's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to LRNZ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as LRNZ (0.68%) 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/lrnz - Distribution history: https://www.dividenddata.com/funds/lrnz/dividend - Holdings & diversification: https://www.dividenddata.com/funds/lrnz/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/lrnz/expenses - Peer comparison: https://www.dividenddata.com/funds/lrnz/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.