AILV — Alpha Intelligent - Large Cap Value ETF
Data updated: 2023-06-28
AILV — Alpha Intelligent - Large Cap Value ETF. United States Large Cap Value Equity · $934.28K AUM. Holdings, fees, performance and SEC filings.
AILV Fund Overview
AILV — Alpha Intelligent - Large Cap Value ETF is a US ETF managed by Listed Funds Trust, categorised as United States Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Listed Funds Trust
- Category: United States Large Cap Value Equity
- Assets under management: $934.28K
- 1-year return: -3.8%
- Ticker: AILV
- SEC CIK: 0001683471
- SEC series ID: S000074139
- Share class ID: C000231707
AILV Investment Objective and Strategy
Alpha Intelligent - Large Cap Value ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Listed Funds Trust.
Investment objective
The Alpha Intelligent - Large Cap Value ETF (the Fund) seeks to provide total return.
Principal investment strategy
The Fund is an actively managed exchange-traded Fund (ETF) that invests primarily in equity securities of large-capitalization companies, with a focus on value stocks. A value stock is the stock of a company whose stock price may not reflect the companys intrinsic value, or that is temporarily out of favor. Under normal circumstances, the Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in common stock of large-capitalization companies. These companies have market capitalizations in the range of companies included in the Russell 1000 Value Index (the Index) at the time of purchase. As of December 31, 2022, the average market capitalization of companies in the Index was $151.62 billion and the median market capitalization of companies in the Index was $11.12 billion.
In seeking to achieve the Funds investment objective, Princeton Fund Advisers, LLC (the Adviser), the Funds investment adviser, implements its alpha strategy to seek to identify investment opportunities in which the performance of a companys stock will exceed that of the market over time. In selecting stocks for the Fund, the Adviser combines its investment expertise with big data analytics and powerful machine learning to seek to identify, evaluate, and create a portfolio consisting of a consensus of high conviction positions held by what the Adviser believes are top-performing, active, large-cap value fund managers and certain funds managed by those managers. These funds are screened by various objective risk and return metrics, including historical monthly and annual performance, Sharpe ratios (a measure of risk adjusted return), upside and downside capture ratios (a measure of performance against the market when it is up and down, respectively), and performance drawdown (a measure of downside volatility).
Big data analytics is the use of advanced analytic techniques to analyze and extract information from large and complex data sets. High conviction positions are those positions in which the identified managers are overweight in relation to their benchmarks. The Adviser utilizes big data analytics to replicate those funds holdings and identify high conviction positions. From this universe, the Adviser identifies consensus agreement on high conviction stocks across the mutual funds, using analytics to evaluate frequency of appearance and magnitude of conviction. From this, the Adviser then selects stocks for the Fund, creating a portfolio consisting of those high conviction positions. The Adviser may sell a security from the Funds portfolio if the securitys risk parameters outweigh its return opportunities, more attractive alternatives are identified, or specific events alter the securitys prospects.
Under normal circumstances, the Funds portfolio will consist of approximately 50 issuers, but it may at times consist of more or less than 50 issuers, depending on the Advisers assessment of appropriate and attractive investment opportunities. The Fund may engage in active and frequent trading of portfolio securities in implementing its principal investment strategies. The Fund is classified as a non-diversified investment company under the Investment Company Act of 1940, as amended (the 1940 Act).
AILV Performance
Total returns for AILV (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -3.8% |
AILV Risk Information
Risk metrics for AILV, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 20.0%
AILV Costs and Fees
AILV costs about $85 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.85%
- Gross expense ratio: 0.85%
- Portfolio turnover: 239%
- Brokerage commissions: 5.87 bps of average net assets (SEC N-CEN)
AILV Cashflows
Over the 12 months to 2023-04, Alpha Intelligent - Large Cap Value ETF had net inflows of $249.53K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-04 | −$50 |
| 2023-03 | $0 |
| 2023-02 | $249.58K |
| 2023-01 | $0 |
| 2022-12 | $0 |
| 2022-11 | $0 |
AILV Debt Constituents
No individual debt constituents are reported in Alpha Intelligent - Large Cap Value ETF's latest SEC N-PORT filing.
AILV Prospectus and SEC Filings
Official Alpha Intelligent - Large Cap Value ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Large Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.