Key stats
About Sovereign's Capital Flourish Fund
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Inception date
Oct 3, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Sovereign's Capital Management LLC
Distributor
Paralel Distributors LLC
ISIN
US2103222020
SOVF targets US companies led by faith-driven CEOs. The fund uses an investment strategy based on non-denominational Christian values to identify firms that create exceptional cultures. The adviser believes that a leader who enables their employees to flourish attracts and retains the best talents in the market, thus outperforming its peers along various metrics that can enhance long-term operating results. The portfolio is constructed using fundamental research and a proprietary due diligence framework that evaluates firms based on their faith-driven management, employee benefits, the presence of faith-based employee resource groups and counselors, and whether their mission and vision statements align with biblical values. Financial due diligence is also conducted to consider factors such as business quality, balance sheet, and risk/reward. The narrow portfolio typically holds 80 to 100 stocks. The fund excludes firms involved in tobacco, alcohol, gaming, abortion, and pornography.
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
Finance
Commercial Services
Health Services
Stocks100.02%
Finance19.34%
Commercial Services17.08%
Health Services10.02%
Electronic Technology7.91%
Technology Services7.41%
Producer Manufacturing6.47%
Health Technology4.59%
Process Industries4.20%
Consumer Non-Durables4.04%
Transportation4.02%
Utilities3.85%
Energy Minerals3.61%
Industrial Services2.25%
Retail Trade1.68%
Distribution Services1.26%
Consumer Durables1.18%
Consumer Services1.10%
Bonds, Cash & Other−0.02%
Cash−0.02%
Stock breakdown by region
North America99.76%
Europe0.24%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SOVF invests in stocks. The fund's major sectors are Finance, with 19.35% stocks, and Commercial Services, with 17.08% of the basket. The assets are mostly located in the North America region.
SOVF top holdings are Molina Healthcare, Inc. and Insperity, Inc., occupying 3.46% and 3.25% of the portfolio correspondingly.
SOVF last dividends amounted to 0.09 USD. The year before, the issuer paid 0.05 USD in dividends, which shows a 46.25% increase.
SOVF assets under management is 123.38 M USD. It's risen 7.66% over the last month.
SOVF fund flows account for 61.13 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SOVF pays dividends to its holders with the dividend yield of 0.30%. The last dividend (Dec 30, 2024) amounted to 0.09 USD. The dividends are paid annually.
SOVF shares are issued by Sovereign's Capital Management LLC under the brand Sovereign's. The ETF was launched on Oct 3, 2023, and its management style is Active.
SOVF expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
SOVF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SOVF invests in stocks.
SOVF price has risen by 5.08% over the last month, and its yearly performance shows a −0.33% decrease. See more dynamics on SOVF price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.72% increase in three-month performance and has decreased by −0.14% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.72% increase in three-month performance and has decreased by −0.14% in a year.
SOVF trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.