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Planrock Market Neutral Income ETF (PRMN)

29.83 -0.16 (-0.52%)
At close: April 25 at 3:32 PM EDT
Key Events
Loading Chart for PRMN
DELL
  • Previous Close 29.88
  • Open 30.02
  • Bid 29.80 x 900
  • Ask 29.88 x 900
  • Day's Range 29.83 - 29.83
  • 52 Week Range 29.36 - 30.28
  • Volume 113
  • Avg. Volume 301
  • Net Assets 2.22M
  • NAV 29.91
  • PE Ratio (TTM) --
  • Yield --
  • YTD Daily Total Return 1.05%
  • Beta (5Y Monthly) 0.00
  • Expense Ratio (net) 1.30%

The fund strategy follows a proprietary, rules-based methodology that selects global high dividend-paying ETFs or stocks from those listed on an exchange and with significant underlying security liquidity, while using offsetting short positions through equity index futures. The strategy allocates to long and short equity index futures, volatility futures, options and options on futures to neutralize equity risk exposure and control volatility similar to the global bond market, while striving to achieve high dividend income and capital appreciation over the long-term.

PlanRock Investment Management, LLC

Fund Family

Large Blend

Fund Category

2.22M

Net Assets

2023-12-18

Inception Date

Performance Overview: PRMN

Trailing returns as of 4/25/2024. Category is Large Blend.

YTD Return

PRMN
1.05%
Category
9.95%
 

1-Year Return

PRMN
0.00%
Category
27.24%
 

3-Year Return

PRMN
0.00%
Category
9.88%
 

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Holdings: PRMN

Top 6 Holdings (413.48% of Total Assets)

SymbolCompany% Assets
VYM
Vanguard High Dividend Yield Index Fund ETF Shares 71.81%
SCHD
Schwab U.S. Dividend Equity ETF 70.15%
VYMI
Vanguard International High Dividend Yield Index Fund ETF Shares 68.54%
DEM
WisdomTree Emerging Markets High Dividend Fund 68.10%
CALF
Pacer US Small Cap Cash Cows 100 ETF 67.70%
DES
WisdomTree U.S. SmallCap Dividend Fund 67.18%

Sector Weightings

SectorPRMN
Energy   12.68%
Industrials   11.62%
Technology   8.09%
Healthcare   7.23%
Utilities   5.00%
Real Estate   2.22%

Recent News: PRMN

Research Reports: PRMN

  • Analyst Report: Laboratory Corporation of America Holdings

    Laboratory Corp. of America is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from routine blood and urine screens to complex oncology and genomic testing.

    Rating
    Price Target
     
  • ALGN: Raising target price to $303.00

    ALIGN TECHNOLOGY INC has an Investment Rating of HOLD; a target price of $303.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • Analyst Report: 3M Company

    3M is a multinational conglomerate that has operated since 1902, when it was known as Minnesota Mining and Manufacturing. The company is well known for its research and development laboratory and it leverages its science and technology across multiple product categories. As of 2020, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. Nearly 50% of the company’s revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of net sales. Many of the company’s 60,000-plus products touch and concern a variety of consumers and end markets.

    Rating
    Price Target
     

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