What this ETF is trying to do

The LEADERSHARES(R) ALPHAFACTOR(R) TACTICAL FOCUSED ETF (ticker: LSAT) is an exchange-traded fund traded on the NYSE. While specific details about its individual holdings were not provided in the current data, this ETF is designed to follow a tactical investment strategy.

What the numbers show

The data shows how the share price and total value of the fund have moved over different periods. It is important to know that price return only tracks the change in the share price, while total return includes both price changes and distributions (cash payments).

• Year-to-Date (YTD): The YTD price return is approximately 16.87%. For this specific fund, the YTD total return is also approximately 16.87%.

• One Year: The one-year price return is approximately 11.50%. However, the one-year total return is higher, at approximately 13.58%.

• Three Years: The three-year price return is approximately 37.50%, while the three-year total return is approximately 44.53%.

• Five Years: The five-year total return is approximately 41.86%.

To give you an idea of the price movement, the estimated price from roughly one year ago was $40.73. The current price is $45.42.

Income and distribution explanation

LSAT provides cash distributions to investors. The distribution yield is approximately 1.62%. This number describes the cash payments relative to the current ETF price.

The fund has an income rating grade of "A" with a score of 83. Regarding how often it pays, the distribution frequency is described as "Irregular / less frequent," with one payout recorded in the last 12 months. The trailing distributions are approximately $0.74.

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

However, looking at the price-based evidence, the fund has an erosion-risk score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.

Pros

• Positive Returns: The fund has shown positive price returns and total returns over one-year, three-year, and five-year periods.

• Total Return Growth: The total return figures are higher than the price return figures, meaning distributions have added to the overall value.

• Low Erosion Risk: Based on the supplied erosion-risk score, there are no signs of price deterioration.

Cons

• Irregular Income: The distributions are not frequent or regular, which may be a factor for investors looking for steady monthly cash flow.

Beginner takeaway

LSAT has shown growth in both its share price and its total return over several years. While it provides a distribution yield of approximately 1.62%, these payments are irregular rather than frequent. The data suggests the fund is not currently showing signs of price erosion.