Our ETF

TUGN

STF Management offers the STF Tactical Growth and Income ETF (Ticker: TUGN), a simple, rules-based approach to tactical asset allocation with monthly income. The tactical asset allocation engine of TUG is used to set the exposure to equities and fixed income while an active managed options strategy provides an additional income component. The rules-based options overlay seeks to enhance yield and underlying returns.
Mosaic tile floor depicting ribbons and leaves.
Decorative graphic of an abstract circular shape.

About TUGN

TUGN seeks long-term growth of capital and current income

TUGN is an income solution with a rules-based approach to asset allocation

Powered by the Tactical Unconstrained Growth (TUG) Model signals which were used in 2014, with analysis of data that expands over decades

The TUGN strategy seeks to generate a less correlated source of income, along with the potential to dampen equity volatility and downside risk

The TUG Model allows for the optionality of generating potential monthly income through a systematic, rules-based approach using index options

Fund Details (as of 04/02/2025)

The 30-Day SEC Yield is computed as of the most recent month end under an SEC standardized formula based on net income earned over the past 30 days.

The distribution yield is calculated by annualizing the most recent distribution and dividing by the most recent fund NAV. The yield represents a single distribution from the fund and does not represent total return of the fund.

TUGN Performance
as of 04/02/2025

Cumulative YTD 1M 3M 6M 1Y Since Inception
NAV -7.37 -7.38 -7.37 -1.28 3.42 21.01
Market Price -7.19 -7.43 -7.19 -1.26 3.15 21.03
Benchmark -4.85 -5.32 -4.85 -2.48 6.17 46.01
YTD and Since Inception begin 5/18/2022
Total Expense Ratio for the Fund is 0.65%. The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Net Asset Value (NAV) is the dollar value of a single share based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated each business day. Market Price is the current price at which shares are bought and sold. Market returns are based upon the last trade price.

Premiums and Discounts
as of 04/02/2025
Since Inception* Q1 Q2 Q3 Q4
Days traded at premium 231 12 36 8 8
Days traded at discount 141 46 6 5 9
Days traded at net asset value 8 4 -- -- --
*Data starts at Date of Inception, 5/18/2022

Top Ten Holdings
Name Ticker CUSIP % of Fund Shares Held
Apple Inc AAPL 037833100 9.27% 17258
Microsoft Corp MSFT 594918104 7.76% 8459
NVIDIA Corp NVDA 67066G104 7.54% 28456
Amazon.com Inc AMZN 023135106 5.67% 12051
Broadcom Inc AVGO 11135F101 3.68% 8924
Meta Platforms Inc META 30303M102 3.52% 2513
Tesla Inc TSLA 88160R101 2.96% 4362
Costco Wholesale Corp COST 22160K105 2.84% 1228
Netflix Inc NFLX 64110L106 2.57% 1147
Alphabet Inc GOOGL 02079K305 2.53% 6709
Alphabet Inc GOOG 02079K107 2.42% 6354
T-Mobile US Inc TMUS 872590104 2.05% 3229
Cash & Other Cash&Other Cash&Other 2.05% 853127.07
Cisco Systems Inc CSCO 17275R102 1.64% 11156
Linde PLC LIN G54950103 1.49% 1326
PepsiCo Inc PEP 713448108 1.36% 3790
Palantir Technologies Inc PLTR 69608A108 1.30% 6180
Intuitive Surgical Inc ISRG 46120E602 1.20% 989
Intuit Inc INTU 461202103 1.17% 783
QUALCOMM Inc QCOM 747525103 1.15% 3112
Adobe Inc ADBE 00724F101 1.14% 1237
Amgen Inc AMGN 031162100 1.10% 1495
Advanced Micro Devices Inc AMD 007903107 1.08% 4384
Texas Instruments Inc TXN 882508104 1.08% 2523
Booking Holdings Inc BKNG 09857L108 1.02% 91
Gilead Sciences Inc GILD 375558103 0.94% 3505
Honeywell International Inc HON 438516106 0.94% 1820
Comcast Corp CMCSA 20030N101 0.93% 10633
Automatic Data Processing Inc ADP 053015103 0.83% 1130
Applied Materials Inc AMAT 038222105 0.82% 2320
Vertex Pharmaceuticals Inc VRTX 92532F100 0.82% 709
Palo Alto Networks Inc PANW 697435105 0.76% 1825
Starbucks Corp SBUX 855244109 0.75% 3157
Analog Devices Inc ADI 032654105 0.66% 1379
Micron Technology Inc MU 595112103 0.65% 3053
Lam Research Corp LRCX 512807306 0.64% 3628
MercadoLibre Inc MELI 58733R102 0.64% 138
KLA CORP KLAC 482480100 0.62% 375
Intel Corp INTC 458140100 0.59% 11236
Mondelez International Inc MDLZ 609207105 0.59% 3716
Crowdstrike Holdings Inc CRWD 22788C105 0.57% 635
Cintas Corp CTAS 172908105 0.56% 1125
AppLovin Corp APP 03831W108 0.55% 794
O'Reilly Automotive Inc ORLY 67103H107 0.54% 160
PDD Holdings Inc PDD 722304102 0.51% 1777
Fortinet Inc FTNT 34959E109 0.50% 2146
MicroStrategy Inc MSTR 594972408 0.49% 647
DoorDash Inc DASH 25809K105 0.48% 1059
Cadence Design Systems Inc CDNS 127387108 0.47% 746
Constellation Energy Corp CEG 21037T109 0.45% 869
Marriott International Inc/MD MAR 571903202 0.45% 769
PayPal Holdings Inc PYPL 70450Y103 0.45% 2781
Regeneron Pharmaceuticals Inc REGN 75886F107 0.45% 299
Synopsys Inc SNPS 871607107 0.45% 423
Roper Technologies Inc ROP 776696106 0.42% 298
American Electric Power Co Inc AEP 025537101 0.39% 1490
Autodesk Inc ADSK 052769106 0.38% 590
ASML Holding NV ASML N07059210 0.38% 234
CSX Corp CSX 126408103 0.38% 5378
Monster Beverage Corp MNST 61174X109 0.38% 2684
Copart Inc CPRT 217204106 0.37% 2672
Paychex Inc PAYX 704326107 0.37% 998
Charter Communications Inc CHTR 16119P108 0.36% 395
MARVELL TECHNOLOGY INC MRVL 573874104 0.36% 2399
PACCAR Inc PCAR 693718108 0.34% 1448
Airbnb Inc ABNB 009066101 0.33% 1123
NXP Semiconductors NV NXPI N6596X109 0.33% 703
Workday Inc WDAY 98138H101 0.33% 586
Keurig Dr Pepper Inc KDP 49271V100 0.32% 3793
Exelon Corp EXC 30161N101 0.31% 2814
Fastenal Co FAST 311900104 0.30% 1595
Diamondback Energy Inc FANG 25278X109 0.29% 748
AstraZeneca PLC AZN 046353108 0.28% 1639
Axon Enterprise Inc AXON 05464C101 0.27% 199
Baker Hughes Co BKR 05722G100 0.27% 2523
Ross Stores Inc ROST 778296103 0.27% 849
Xcel Energy Inc XEL 98389B100 0.27% 1605
Verisk Analytics Inc VRSK 92345Y106 0.26% 362
Coca-Cola Europacific Partners PLC CCEP G25839104 0.25% 1169
Cognizant Technology Solutions Corp CTSH 192446102 0.23% 1261
Electronic Arts Inc EA 285512109 0.23% 672
Take-Two Interactive Software Inc TTWO 874054109 0.23% 446
GE HealthCare Technologies Inc GEHC 36266G107 0.22% 1161
Kraft Heinz Co/The KHC 500754106 0.22% 3031
Old Dominion Freight Line Inc ODFL 679580100 0.22% 545
Atlassian Corp TEAM 049468101 0.22% 408
IDEXX Laboratories Inc IDXX 45168D104 0.21% 205
CoStar Group Inc CSGP 22160N109 0.20% 1028
Lululemon Athletica Inc LULU 550021109 0.20% 296
Datadog Inc DDOG 23804L103 0.19% 791
Zscaler Inc ZS 98980G102 0.19% 385
Dexcom Inc DXCM 252131107 0.18% 1089
ANSYS Inc ANSS 03662Q105 0.17% 220
Microchip Technology Inc MCHP 595017104 0.17% 1471
Warner Bros Discovery Inc WBD 934423104 0.16% 6224
Trade Desk Inc/The TTD 88339J105 0.15% 1138
Biogen Inc BIIB 09062X103 0.13% 401
CDW Corp/DE CDW 12514G108 0.13% 338
GLOBALFOUNDRIES Inc GFS G39387108 0.13% 1498
ON Semiconductor Corp ON 682189105 0.12% 1180
MongoDB Inc MDB 60937P106 0.09% 199
ARM Holdings PLC ARM 042068205 0.08% 317

Data as of 04/03/2025.

Show More
Yield Details(as of 04/02/2025)
30-day SEC Yield 0.13%
Distribution Yield 11.17%

Distribution
Ex/EFF Date Type Cash Amount Declaration Date Record Date Payment Date
6/22/22 CASH $0.16793333 6/24/22 6/23/22 6/24/22
7/20/22 CASH $0.2244 7/22/22 7/21/22 7/22/22
8/24/22 CASH $0.228625 8/26/22 8/25/22 8/26/22
9/21/22 CASH $0.21976471 9/23/22 9/22/22 9/23/22
10/26/22 CASH $0.20689655 10/28/22 10/27/22 10/28/22
11/23/22 CASH $0.19932203 11/28/22 11/25/22 11/28/22
12/21/22 CASH $0.19254237 12/23/22 12/22/22 12/23/22
1/25/23 CASH $0.1966 1/27/23 1/26/23 1/27/23
2/22/23 CASH $0.1971 2/24/23 2/23/23 2/24/23
3/22/23 CASH $0.2006 3/24/23 3/23/23 3/24/23
4/26/23 CASH $0.2039 4/28/23 4/27/23 4/28/23
View All

Important Information

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, visit our website at www.stfm.com. Read the prospectus or summary prospectus carefully before investing.

Investing in ETFs involves risk and there is no guarantee of principal.

Because the Fund is an ETF (rather than a mutual fund), shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemable. Owners of shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Unit aggregations only. Brokerage commissions will reduce returns.

Cash Redemption Risk. The Fund’s investment strategy may, at times, require it to redeem shares for cash or to otherwise include cash as part of its redemption proceeds. In that case, the Fund may be required to sell or unwind portfolio investments to obtain the cash needed, which may cause the Fund to recognize a capital gain that it might not have recognized if it had made a redemption in kind. Derivatives (Options) Risk. The Fund invests in options that derive their performance from that of the Nasdaq-100 Index. Derivatives may be more sensitive to changes in market conditions and may amplify risks. Selling and buying options are speculative activities and entail greater than ordinary investment risks. Fixed income Risk. Fixed income investments are subject to changes in governmental policy and market conditions, which may cause such investments to be subject to significant volatility and reduced liquidity, depending on the environment. Fixed Income – Call Risk. During periods of falling interest rates, an issue of a callable bond held by the Fund may call or repay the security before maturity, causing the Fund to reinvest proceeds at a lower interest rate. Fixed Income – Credit Risk. Debt issuers and other counterparties may not honor their obligations or have their debt downgraded by ratings agencies. Fixed Income – Extension Risk. During periods of rising interest rates, certain debt obligations will be paid off more slowly than anticipated, causing the value of those securities to fall. This may result in a decline in the Fund’s income and potential the value of the Fund’s investments. Fixed Income – Interest Rate Risk. Rising interest rates may cause the value of fixed-income securities held by the Fund to decline. Large-Capitalization Investing Risk. The securities or large capitalization companies may be relatively mature compared to smaller companies and therefor subject to slower growth during times of economic expansion. Management Risk. The Fund is actively managed and may not meet its investment objective based on the Adviser’s success or failure in implementing the Fund’s strategy. Models and Data Risk. When models and data prove to be incorrect or incomplete, decisions made based on them can expose the Fund to potential risks. New Fund Risk. The Fund is recently organized with no operating history and managed by an Adviser that has not previously managed a registered fund. As such, the Fund has no track record on which to base investment decisions. Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in securities of a single issuer or fewer issuers than a diversified fund, which may expose the Fund to the risks associated with the developments affecting the issuers in which the Fund invests. Other Investment Company Risk. By investing in another investment company, including ETFs, the Fund becomes a shareholder of that investment company and bears its proportionate share of the fees and expenses of that investment company. In addition, the Fund is also subject to the principal risks of the investment companies in which it invests U.S. Treasury Obligations Risk. Changes to the financial condition or credit rating of the U.S. government may cause the value of the Fund’s U.S. Treasury obligations to decline.

The Nasdaq 100 Index is a basket of the 100 largest, most actively traded U.S companies listed on the Nasdaq stock exchange. The index includes companies from various industries except for the financial industry, like commercial and investment banks. These non-financial sectors include retail, biotechnology, industrial, technology, health care, and others. Indexes cannot be invested in directly.

STF Management, LP serves as the Fund’s investment adviser.

The Fund is distributed by Foreside Fund Services, LLC.

    We’re always eager to talk with you.
    Get started today.

    If you have questions or comments about the products or services of STF Management please let us know by completing the form below.  Additionally, if you would like to receive regular updates and market commentary please complete the form below.

    Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, visit our website at www.stfm.com. Read the prospectus or summary prospectus carefully before investing.

    Investing in ETFs involves risk and there is no guarantee of principal. The Fund is distributed by Foreside Fund Services, LLC.

    © 2022 STF Management LP. All rights reserved.

    All investments involve risk, including the possible loss of capital. The products and services of STF Management LP are not available in all jurisdictions or regions where such provision would be contrary to local laws or regulations.