Anfield Capital Diversified Alternatives ETF
DALT
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Oct 3, 2017
- CIK
- 0001552947
- Similar Companies
- Business
- Anfield Capital Diversified Alternatives ETF (DALT) is an actively managed exchange-traded fund that operates as a fund of funds, seeking capital growth and income with positive returns over full market cycles by investing primarily in alternative asset classes outside the general investment universe. The ETF implements its strategy through investments in unaffiliated exchange-traded funds (ETFs), closed-end funds (CEFs), business development companies (BDCs), and real estate investment trusts (REITs), targeting a diverse set of 10 asset classes, sectors, and themes with typically 20 to 30 positions to manage risk and enhance returns; allocations span equity securities (domestic and foreign, including emerging markets, of any capitalization), convertible and preferred securities, commodities, and derivatives used for hedging and exposure. It provides diversified exposure to multi-strategy alternatives such as convertible/preferred securities, private equity/BDCs, multi-asset/market neutral strategies, and global macro approaches, complementing traditional stock-bond allocations with volatility resembling a 50/50 blend. DALT was incepted on September 29, 2017, and lists on the Cboe BZX Exchange with monthly dividend frequency. The fund is advised by Regents Park Funds, LLC, headquartered in Newport Beach, California, and sub-advised by Anfield Capital Management, LLC, founded in 2009 and also based in Newport Beach (with addresses referenced in Irvine and surrounding areas), which underwent a reorganization in 2012 and focuses on institutional-quality investment strategies across fixed income, ETFs, mutual funds, and outsourced chief investment officer (OCIO) services. Portfolio management is led by experienced professionals including Peter Van de Zilver, CFA (42+ years) and David Young, CFA (35+ years). In a major recent development, Regents Park Funds announced the closure of DALT in March 2024, with trading ceasing on April 19, 2024, followed by liquidation and cash distributions to shareholders by April 26, 2024, after over six years of operation. Despite this closure under prior management, trading data as of December 2025 indicates DALT remains active and quoted on platforms at approximately $8.90 per share. Concurrently, Anfield Capital Management was acquired by Horizon Investments on December 4, 2025, integrating its approximately $662 million in assets under management, including ETFs like DALT, mutual funds, and OCIO practices, to expand customizable advisor solutions with Anfield's fixed income expertise. The fund targets financial advisors and investors seeking liquid alternatives for portfolio diversification across global markets, with risks including illiquidity in non-traded BDCs/REITs, commodity volatility, emerging/frontier market exposures, and energy sector regulations.