Key stats
About Impact Shares Trust I Impact Shares NAACP Minority Empowerment ETF
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Inception date
Jul 18, 2018
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
NACP is the first product offering from Impact Shares and the first ETF to support the promotion of racial equality. The portfolio construction process starts by scoring eligible large- and mid-cap stocks for minority empowerment criteria. Defined by the NAACP, the scoring criteria include: board diversity, anti-discrimination policies, supply chain/contractors social programs, programs to provide equal access to digital information, diversity programs, community development efforts, and health and safety programs. The final portfolio is selected and weighted by an optimizer to maximize exposure to the highest scoring companies while keeping risk and return characteristics in line with the starting universe. The index is reconstituted annually and rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks99.75%
Technology Services26.05%
Electronic Technology17.22%
Finance8.74%
Health Technology8.46%
Retail Trade7.21%
Transportation4.78%
Commercial Services4.09%
Consumer Durables3.90%
Energy Minerals3.65%
Utilities3.47%
Producer Manufacturing2.94%
Health Services2.59%
Consumer Non-Durables2.46%
Communications1.21%
Industrial Services0.86%
Non-Energy Minerals0.79%
Consumer Services0.66%
Process Industries0.62%
Distribution Services0.05%
Bonds, Cash & Other0.25%
Mutual fund0.20%
Cash0.04%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history