Manager Directed Portfolios - SWP Growth & Income ETF

Frequently Asked Questions About SWP

What does SWP invest in?

SWPs objective is to provide long-term capital appreciation with the secondary goal of providing income. It does so by actively investing in income-producing companies in the US equity market. The fund focuses on companies that have consistent profit margins and earnings growth while providing a history of paying stable dividends. The securities are actively managed but are selected using macroeconomic, fundamental, and technical analysis. The fund will primarily hold US companies, but it may invest in foreign issuers including ADRs and foreign securities traded on US exchanges. It may also hold companies of any size but is expected to substantially invest in large-caps. Note that the fund may tilt to certain sectors due to greater value stock exposure. Approximately 30-70 stocks will comprise the fund, all capped at 10% in weighting.

What is the expense ratio of SWP?

Manager Directed Portfolios - SWP Growth & Income ETF (SWP) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.

What is SWP's dividend yield?

SWP's trailing-twelve-month yield is 9.52%, calculated from the sum of dividends over the past year divided by the current price.

How big is SWP?

Manager Directed Portfolios - SWP Growth & Income ETF (SWP) manages $145.3M 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 SWP actively managed or an index fund?

SWP is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SWP's is 0.99%) in exchange for the discretion to over- or under-weight positions.

When was SWP launched?

Manager Directed Portfolios - SWP Growth & Income ETF (SWP) launched in September 2024 and is managed by SWP Investment Management.