Active Index Investing to Bridge the Gap of Volatility
The Sub-Adviser will deduct for overlap between indexes and remove some names based on its proprietary valuation and volatility analysis. The Sub-Adviser will then filter these companies based on its analysis of company growth opportunities, volatility, and downside risk to select the large-capitalization U.S. equity securities for the Fund. Under normal circumstances, the Fund primarily invests in common stocks and shares of ETFs that invest primarily in common stocks or cash-equivalents. The Fund seeks to provide capital appreciation with a focus on capital preservation during periods determined by the Sub-Adviser to pose greater risk of overall market drawdowns. To identify portfolio investments, the Sub-Adviser has developed a proprietary multi-step investment process.
The Bridges Capital Tactical ETF (the “Fund”) seeks to provide capital appreciation while preserving capital during market drawdowns.
| 1 | Description | BDGS |
|---|---|---|
| 1 | Ticker | BDGS |
| 3 | CUSIP | 02072L474 |
| 3 | Exchange | Nasdaq |
| 5 | Inception | 05/10/2023 |
| 5 | Management Fee | 0.7800% |
| 6 | Affiliated Funds Fee* | 0.0900% |
| 7 | Gross Expense Ratio | 0.8700% |
| 8 | 30-Day Bid/Ask Spread | 0.08% |
| 9 | AUM ($mm) | $43.34 |
| 10 | As of Date | 10/29/2026 |
| Fund Ticker | Factsheet | Summary Prospectus | Statutory Prospectus | SAI | Part F Q1 | Part F Q3 | N-PX Proxy Voting Record | Annual Financials | Annual SOI | Annual TSR | Semi-Annual Financials | Semi-Annual SOI | Semi-Annual TSR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BDGS | Download | Download | Download | Download | Download | Download | Download | Download | Download | Download | Download | Download | Download |
| Field | Last | 1-Day Change ($) | 1-Day Change (%) |
|---|---|---|---|
| NAV | $37.69 | $0.24 | 0.63% |
| Market Price | $37.68 | $0.22 | 0.6% |
| Premium / Discount | -0.03% |
| As of Date |
|---|
| 09/30/2026 |
| Fund_Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | As of Date |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BDGS | MKT | 9.50 | 2.69 | 4.58 | 11.06 | 11.19 | 15.58 | 14.12 | 09/30/2026 | ||
| BDGS | NAV | 9.50 | 2.63 | 4.59 | 10.97 | 11.17 | 15.57 | 14.11 | 09/30/2026 |
| As of Date |
|---|
| 09/30/2026 |
| Fund_Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | As of Date |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BDGS | MKT | 9.50 | 2.69 | 4.58 | 11.06 | 11.19 | 15.58 | 14.12 | 09/30/2026 | ||
| BDGS | NAV | 9.50 | 2.63 | 4.59 | 10.97 | 11.17 | 15.57 | 14.11 | 09/30/2026 |
| Period | Days Traded at Premium | Days Traded at Discount |
|---|---|---|
| 2026 Q3 | ||
| 2026 Q2 | ||
| 2026 Q1 | ||
| 2025 |
| Ex Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Total Capital Gain | Total Distro |
|---|---|---|---|---|---|---|---|
| 12/20/2023 | 12/21/2023 | 12/22/2023 | 0.2260 | 0.2260 | |||
| 12/30/2024 | 12/30/2024 | 12/31/2024 | 0.5708 | 0.5708 | |||
| 12/23/2025 | 12/23/2025 | 12/24/2025 | 0.1450 | 0.0327 | 0.0138 | 0.0466 | 0.1916 |
| Ticker | Name | CUSIP | Shares | Price | Market Value ($mm) | % of Net Assets | EFFECTIVE_DATE |
|---|---|---|---|---|---|---|---|
| AMD | Advanced Micro Devices Inc | 007903107 | 2,343 | 578.44 | 1.36 | 3.13 | 10/29/2026 |
| BOXX | Alpha Architect 1-3 Month Box ETF | 02072L565 | 129,100 | 118.76 | 15.33 | 35.38 | 10/29/2026 |
| GOOG | Alphabet Inc | 02079K107 | 2,539 | 321.89 | 0.82 | 1.89 | 10/29/2026 |
| AMZN | Amazon.com Inc | 023135106 | 5,086 | 254.60 | 1.29 | 2.99 | 10/29/2026 |
| AAPL | Apple Inc | 037833100 | 1,298 | 343.83 | 0.45 | 1.03 | 10/29/2026 |
| AMAT | Applied Materials Inc | 038222105 | 3,014 | 416.00 | 1.25 | 2.89 | 10/29/2026 |
| AVGO | Broadcom Inc | 11135F101 | 3,824 | 351.81 | 1.35 | 3.10 | 10/29/2026 |
| META | Meta Platforms Inc | 30303M102 | 1,218 | 612.49 | 0.75 | 1.72 | 10/29/2026 |
| FGXXX | First American Government Obligations Fund 12/01/2031 | 31846V336 | 36,273 | 100.00 | 0.04 | 0.08 | 10/29/2026 |
| INTC | Intel Corp | 458140100 | 13,758 | 95.53 | 1.31 | 3.03 | 10/29/2026 |
| SPMO | Invesco S&P 500 Momentum ETF | 46138E339 | 5,789 | 144.90 | 0.84 | 1.94 | 10/29/2026 |
| IWM | iShares Russell 2000 ETF | 464287655 | 7,762 | 281.29 | 2.18 | 5.04 | 10/29/2026 |
| MSFT | Microsoft Corp | 594918104 | 827 | 531.01 | 0.44 | 1.01 | 10/29/2026 |
| MU | Micron Technology Inc | 595112103 | 1,420 | 983.23 | 1.40 | 3.22 | 10/29/2026 |
| NFLX | Netflix Inc | 64110L106 | 17,211 | 61.99 | 1.07 | 2.46 | 10/29/2026 |
| TSLA | Tesla Inc | 88160R101 | 3,588 | 404.22 | 1.45 | 3.35 | 10/29/2026 |
| 912797WQ6 | United States Treasury Bill 01/19/2027 | 912797WQ6 | 10,819,000 | 99.09 | 10.72 | 24.74 | 10/29/2026 |
| SMH | VanEck Semiconductor ETF | 92189F676 | 2,339 | 567.67 | 1.33 | 3.06 | 10/29/2026 |
| Cash&Other | Cash & Other | -26,861 | 1.00 | -0.03 | -0.06 | 10/29/2026 |