AKAF: THE FRONTIER ECONOMIC FUND
What this ETF is trying to do
The Frontier Economic Fund (AKAF) is an exchange-traded fund (ETF) that spreads its investments across many different companies. As of October 4, 2026, it held a total of 153 holdings.
Its Top Holdings include companies from various industries, such as ConocoPhillips (2.34%), ExxonMobil Holdings Corp (2.29%), Uber Technologies Inc (1.99%), and DoorDash Inc (1.92%). Because the holdings list is partial, these represent only the largest pieces of the portfolio.
What the numbers show
As of October 9, 2026, the current price of one share is $31.44.
There are two ways to look at the returns:
• Price Return: This measures only the change in the share price. The year-to-date (YTD) price return is 8.02%, and the one-year price return is 10.06%.
• Total Return: This reflects the overall return, including distributions. The YTD total return is 9.38%, and the one-year total return is 13.97%.
To put this in perspective, the estimated price from roughly one year ago was $28.56. If an investor had put $10,000 into the fund based on that estimated price, the price-only growth (excluding distributions) would have increased that amount by 10.06%.
Income and distribution explanation
This ETF pays out cash to investors, which is called a distribution. It usually does this quarterly. Over the last 12 months, it has made 4 payouts totaling $1.06 per share.
The distribution yield is 3.38%. It is important for beginners to know that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment (the principal) will stay the same or grow.
NAV erosion explanation
"NAV erosion" happens when the underlying value of a fund's assets drops over time. StockValueFinder uses an erosion-risk score to measure this.
AKAF has an erosion score of 100, and the erosion severity is labeled as "good." The data shows "No price erosion detected," and the severe erosion-risk flag is false.
Pros
• Positive Returns: Both the price return and total return have been positive over the last year.
• Low Erosion Risk: The fund has a "good" erosion severity rating.
• Income Grade: It has an income rating grade of "A."
Cons
• Limited Long-Term Data: Three-year and five-year return data were not supplied.
Beginner takeaway
AKAF is a fund that provides both share-price growth and regular cash distributions. While the distribution yield is a helpful source of income, investors should always look at the total return to see the full picture of how the investment performed.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | CONOCOPHILLIPS | COP | 2.34% |
| 2 | EXXONMOBIL HOLDINGS CORP | XOM | 2.29% |
| 3 | UBER TECHNOLOGIES INC | UBER | 1.99% |
| 4 | DOORDASH INC ORDINARY SHARES CLASS A | DASH | 1.92% |
| 5 | APA CORP | APA | 1.63% |
| 6 | NIPPON YUSEN KABUSHIKI KAISHA | n/a | 1.61% |
| 7 | REPSOL SA | n/a | 1.58% |
| 8 | HALLIBURTON CO | HAL | 1.52% |
| 9 | SANTOS LTD | n/a | 1.52% |
| 10 | SLB LTD | SLB | 1.48% |