What this ETF is trying to do

The ATLAS AMERICA FUND (USAF) is an exchange-traded fund (ETF) traded on the NASDAQ. It is designed to provide investors with a way to hold a diversified basket of assets in a single share.

What the numbers show

As of September 18, 2026, the current price of one share is $28.04.

To understand how the price has changed, we can look at the price return. The price return only measures the change in the share price. For this ETF, the year-to-date (YTD) price return is approximately 4.61%. Over the last year, the price return was approximately 3.73%.

The total return is different because it includes both the share-price change and any distributions paid out. The one-year total return is approximately 6.32%.

For a simple example, if you had invested $10,000 based on the estimated price from roughly one year ago ($27.03), a 3.73% price return would mean your shares are now worth approximately $10,373 (not including any cash distributions).

Income and distribution explanation

This ETF pays out cash distributions to its shareholders. Over the last 12 months, it has made one payout totaling $0.67 per share. This results in a distribution yield of approximately 2.39%.

The distribution frequency is listed as irregular or less frequent. It is important for beginners to know that a high distribution yield alone can be misleading. While distributions provide cash income, they do not guarantee that the original money you invested (the principal) will stay the same or grow.

NAV erosion explanation

"NAV erosion" happens when the actual value of the fund's underlying assets drops over time, often causing the share price to fall consistently.

For this ETF, the erosion-risk score is 94, and the erosion severity is labeled as "good." The erosion label is "Stable / sideways," and the severe erosion-risk flag is false. This means the screening rules did not detect a pattern of substantial price deterioration.

Pros

• Positive Returns: The ETF has shown positive price and total returns over the last year and year-to-date.

• Stability: The erosion-risk measurements suggest the price has remained relatively stable.

Cons

• Irregular Income: Because distributions are irregular, investors cannot rely on a steady, predictable payment schedule.

• Limited Data: There is no supplied data for three-year or five-year returns.

Beginner takeaway

The ATLAS AMERICA FUND has seen a modest increase in both share price and total return over the past year. While it provides some cash income through distributions, those payments are not frequent. The fund currently shows a "good" erosion-risk score, meaning it has not shown the typical signs of NAV erosion.