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 | 2023-05-10 |
| 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) | $56.31 |
| 10 | As of Date | 2026-10-09 |
| Fund Ticker | Factsheet | Summary Prospectus | Statutory Prospectus | SAI | Part F Q1 | Part F Q3 | N-PX Proxy Voting Record | Annual Financials | Annual SOI | Annual TSR | Semi-Annual Financials | Semi-Annual SOI | Semi-Annual TSR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BDGS | Download | Download | Download | Download | Download | Download | Download | Download | Download | Download | Download | Download | Download |
| Field | Last | 1-Day Change ($) | 1-Day Change (%) |
|---|---|---|---|
| NAV | $38.05 | $-0.3 | -0.78% |
| Market Price | $38.06 | $-0.29 | -0.75% |
| Premium / Discount | 0.03% |
| As of Date |
|---|
| 09/30/2026 |
| Fund_Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | As of Date |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BDGS | MKT | 9.50 | 2.69 | 4.58 | 11.06 | 11.19 | 15.58 | 14.12 | 09/30/2026 | ||
| BDGS | NAV | 9.50 | 2.63 | 4.59 | 10.97 | 11.17 | 15.57 | 14.11 | 09/30/2026 |
| As of Date |
|---|
| 09/30/2026 |
| Fund_Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | As of Date |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BDGS | MKT | 9.50 | 2.69 | 4.58 | 11.06 | 11.19 | 15.58 | 14.12 | 09/30/2026 | ||
| BDGS | NAV | 9.50 | 2.63 | 4.59 | 10.97 | 11.17 | 15.57 | 14.11 | 09/30/2026 |
| Period | Days Traded at Premium | Days Traded at Discount |
|---|---|---|
| 2026 Q3 | ||
| 2026 Q2 | ||
| 2026 Q1 | ||
| 2025 |
| Ex Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Total Capital Gain | Total Distro |
|---|---|---|---|---|---|---|---|
| 12/20/2023 | 12/21/2023 | 12/22/2023 | 0.2260 | 0.2260 | |||
| 12/30/2024 | 12/30/2024 | 12/31/2024 | 0.5708 | 0.5708 | |||
| 12/23/2025 | 12/23/2025 | 12/24/2025 | 0.1450 | 0.0327 | 0.0138 | 0.0466 | 0.1916 |
| Ticker | Name | CUSIP | Shares | Price | Market Value ($mm) | % of Net Assets | EFFECTIVE_DATE |
|---|---|---|---|---|---|---|---|
| AMD | Advanced Micro Devices Inc | 007903107 | 675 | 620.68 | 0.42 | 0.98 | 10/09/2026 |
| BOXX | Alpha Architect 1-3 Month Box ETF | 02072L565 | 125,734 | 118.48 | 14.90 | 34.96 | 10/09/2026 |
| GOOG | Alphabet Inc | 02079K107 | 2,473 | 344.86 | 0.85 | 2.00 | 10/09/2026 |
| AMZN | Amazon.com Inc | 023135106 | 4,954 | 254.06 | 1.26 | 2.95 | 10/09/2026 |
| AAPL | Apple Inc | 037833100 | 1,265 | 340.42 | 0.43 | 1.01 | 10/09/2026 |
| AMAT | Applied Materials Inc | 038222105 | 824 | 509.57 | 0.42 | 0.99 | 10/09/2026 |
| AVGO | Broadcom Inc | 11135F101 | 2,309 | 360.14 | 0.83 | 1.95 | 10/09/2026 |
| META | Meta Platforms Inc | 30303M102 | 1,188 | 720.89 | 0.86 | 2.01 | 10/09/2026 |
| FGXXX | First American Government Obligations Fund 12/01/2031 | 31846V336 | 48,519 | 100.00 | 0.05 | 0.11 | 10/09/2026 |
| INTC | Intel Corp | 458140100 | 7,854 | 107.08 | 0.84 | 1.97 | 10/09/2026 |
| SPMO | Invesco S&P 500 Momentum ETF | 46138E339 | 5,639 | 150.84 | 0.85 | 2.00 | 10/09/2026 |
| IWM | iShares Russell 2000 ETF | 464287655 | 7,591 | 277.57 | 2.11 | 4.94 | 10/09/2026 |
| MSFT | Microsoft Corp | 594918104 | 806 | 522.61 | 0.42 | 0.99 | 10/09/2026 |
| MU | Micron Technology Inc | 595112103 | 402 | 1,035.84 | 0.42 | 0.98 | 10/09/2026 |
| NFLX | Netflix Inc | 64110L106 | 16,764 | 71.57 | 1.20 | 2.82 | 10/09/2026 |
| TSLA | Tesla Inc | 88160R101 | 2,299 | 375.00 | 0.86 | 2.02 | 10/09/2026 |
| 912797WQ6 | United States Treasury Bill 01/19/2027 | 912797WQ6 | 15,144,000 | 98.85 | 14.97 | 35.13 | 10/09/2026 |
| SMH | VanEck Semiconductor ETF | 92189F676 | 1,389 | 607.27 | 0.84 | 1.98 | 10/09/2026 |
| Cash&Other | Cash & Other | 82,226 | 1.00 | 0.08 | 0.19 | 10/09/2026 |