STRV

Strive 500 ETF

On or about January 26th, 2024, The Fund’s Index will change from the SolactiveGBSUnited States 500 Index to the Bloomberg US Large Cap Index. For more information please read the fund prospectus.

Fund Objective
STRV is a passively managed exchange traded fund (ETF) that seeks broad market exposure to 500 of the largest U.S. publicly traded stocks.

Fund Description
STRV offers concentrated exposure to U.S. large capitalization corporations through a cost efficient index product. Through Corporate Governance practices, including voting proxy shares and proactively engaging with management teams and boards, Strive aims to unlock value across all corporations in STRV's portfolio by mandating companies to focus on excellence.

Fund Data & Pricing
Net Assets as of 02/20/2024 $436.95m
NAV $31.94
Shares Outstanding 13,680,000
Premium/Discount Percentage 0.12%
Closing Price $31.98
Median 30 Day Spread 0.03%

Data as of 02/20/2024

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund's NAV every fifteen seconds throughout the trading day.

Median 30 Day Spread is a calculation of Fund's median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

The Fund expects to declare and to distribute its net investment income, if any, to shareholders as dividends quarterly.  The amount of any distribution will vary, and there is no guarantee the Fund will pay either an income dividend or a capital gains distribution.

Fund Information
Fund Inception 09/15/2022
Primary Exchange NYSE
Ticker STRV
CUSIP 02072L680
IOPV Symbol STRVUS.IV
NAV Symbol STRVUS.NV
Expense Ratio 0.0545%
30 Day SEC Yield * 1.39%

*As of 1/31/2024

Performance Quarter end returns as of 12/31/2023
  Avg. Annualized  
Quarter 1 Year 3 Year Since Inception
NAV 11.91% 27.52% - 23.79%
Market Price 11.98% 27.68% - 23.86%
Benchmark 11.91% 27.59% - 23.86%

Expense ratio: 0.0545%

Inception Date:  09/15/2022

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 855-427-7360. Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Distribution Detail
EX- Date Record Date Income Payable Date
12/20/2023 12/21/2023 0.11327072 12/22/2023
09/27/2023 09/28/2023 0.09035932 09/29/2023
06/28/2023 06/29/2023 0.08105168 06/30/2023
03/29/2023 03/30/2023 0.08643689 03/31/2023
12/29/2022 12/30/2022 0.09011707 01/06/2023
TOP 10 HOLDINGS
% Of Net Assets Name Ticker CUSIP Shares Held Market Value
7.13% MICROSOFT CORP MSFT 594918104 78,107 31,460,718.53
6.36% APPLE INC AAPL 037833100 154,592 28,067,723.52
3.93% NVIDIA CORPORATION NVDA 67066G104 24,933 17,316,467.16
3.60% AMAZON COM INC AMZN 023135106 95,101 15,889,475.08
2.49% META PLATFORMS INC META 30303M102 23,276 10,968,815.00
2.00% ALPHABET INC GOOGL 02079K305 62,446 8,812,379.52
1.67% ALPHABET INC GOOG 02079K107 51,947 7,386,863.40
1.52% ELI LILLY & CO LLY 532457108 8,888 6,716,306.08
1.28% TESLA INC TSLA 88160R101 29,081 5,634,734.56
1.23% BERKSHIRE HATHAWAY INC DEL BRK/B 084670702 13,371 5,444,002.65

Data as of 02/21/2024.   Holdings are subject to change.