DUNK
Dana Unconstrained Equity ETF
Investment Objective
The Dana Unconstrained Equity ETF (the “Fund”) seeks long-term growth of capital.
DUNK
The Fund is an actively-managed exchange-traded fund (“ETF”) that invests primarily in the equity securities of U.S. listed companies that the Fund’s investment sub-adviser, Dana Investment Advisors, Inc. (the “Sub-Adviser”), determines are engaged in or appear poised to benefit from disruptive technologies.
Fund Details
| Name | Value |
|---|---|
| Fund Inception | 9/15/2025 |
| Ticker | DUNK |
| Primary Exchange | NYSE Arca |
| CUSIP | 88634W108 |
| Expense Ratio | 0.75% |
| 30 Day SEC Yield* As of 10/31/2025 | -0.35% |
*The 30-Day SEC Yield is calculated with a standardized formula mandated by the SEC. The formula is based on the maximum offering price per share and does not reflect waivers in effect.
Fund Data and Pricing
| Name | Value |
|---|---|
| Net Assets | $128.87m |
| NAV | $25.02 |
| Shares Outstanding | 5,151,000 |
| Premium/Discount Percentage | 0.47% |
| Closing Price | $25.14 |
| Median 30 Day Spread* | 0.20% |
As of 11/7/2025
*30-Day Median Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
Performance
As of 10/31/2025
As of 9/30/2025
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. For the most recent month-end performance, please call (866) 991-5811 or visit our website at WWW.DANAETFS.COM
Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Market price is the price at which shares in the ETF can be bought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.
Fund Documents
Purchase
The Fund (DUNK) is available through various channels including via phone (866) 991-5811, broker-dealers, investment advisers, and other financial services firms, including:
