TrueShares Active Yield ETF
ERNZ
NASDAQ Global Market- -
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
- 402 W. Broadway, Suite 400 San Diego CA United States of America 92101
- IPO Date
- May 1, 2024
- Website
- true-shares.com
- Similar Companies
- Business
- TrueShares Active Yield ETF (ERNZ) is an actively managed exchange-traded fund that seeks to deliver above-average yield relative to the broader market through a diversified portfolio of 50 to 150 income-generating securities, including dividend-paying equities, business development companies, covered call ETFs, high-yield closed-end funds and money market instruments; it emphasizes capital preservation and long-term growth potential while targeting monthly dividend distributions with an annualized yield of approximately 8-9%. The fund invests across sectors such as energy shipping (e.g., FLEX LNG Ltd, International Seaways Inc), business development companies (e.g., FS KKR Capital Corp, Ares Capital Corp), covered call strategies (e.g., Global X Nasdaq 100 Covered Call, First Trust NASDAQ BuyWrite Income), and mining (e.g., Caledonia Mining Corp PLC), utilizing proprietary quantitative and qualitative analysis incorporating non-generative AI optimization tools. Launched on April 30, 2024, and listed on the Nasdaq exchange, ERNZ is sponsored by TrueMark Investments LLC, based in Chicago, Illinois, with sub-advisory services provided by Wealth Builder Funds, LLC; it operates primarily in U.S. markets targeting income-oriented investors such as retirees seeking reliable cash flow, inflation protection, and reduced volatility. In May 2024, TrueMark Investments announced the launch of ERNZ in partnership with Wealth Builder Funds as sub-advisor, marking a strategic expansion of its ETF lineup focused on thematic income strategies. The fund maintains an expense ratio of 0.75% and has grown assets under management to approximately $135 million, with recent holdings reflecting active portfolio adjustments amid market conditions. No further major acquisitions, funding rounds, or reorganizations have been reported since inception as of late 2025.