BUSM — EA Bridgeway Ultra-Small Company Market ETF

BUSM Fund Overview

BUSM — EA Bridgeway Ultra-Small Company Market ETF is a US ETF managed by EA Series Trust, categorised as United States Small Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: EA Series Trust
• Category: United States Small Cap Blend / Core Equity
• Ticker: BUSM
• SEC CIK: 0001592900
• SEC series ID: S000104603
• Share class ID: C000275232

BUSM Investment Objective and Strategy

EA Bridgeway Ultra-Small Company Market ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by EA Series Trust.

Investment objective

The EA Bridgeway Ultra-Small Company Market ETF (the Fund) seeks to provide long-term total return on capital, primarily through capital appreciation.

Principal investment strategy

The Fund invests in a portfolio of common stocks of ultra-small companies selected by the Funds sub-adviser, Bridgeway Capital Management, LLC (the Sub-Adviser). Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in ultra-small companies. For purposes of the Funds 80% policy, the Fund considers ultra-small companies to be those with a market capitalization of less than $1 billion at the time of purchase. The Sub-Adviser generally seeks to construct a portfolio with similar sector and size composition as the universe of the smallest 10% of U.S.-listed stocks. However, the Sub-Adviser may exclude companies that it views as likely to underperform the ultra-small company market universe. The Sub-Advisers investment process incorporates material environmental, social, and governance (ESG) information, when available, as a consideration in the ongoing assessment of potential portfolio securities.

The Sub-Adviser uses ESG research and/or ratings information provided by third parties in performing this analysis and considering ESG risks. As with any consideration used in assessing portfolio securities, the Sub-Adviser may, at times, utilize ESG information to increase the weighting of an issuer with a good ESG record or decrease the weighting of an issuer with a poor ESG record. However, as ESG information is just one investment consideration, ESG considerations are not solely determinative in any investment decision made by the Sub-Adviser. ESG information for ultra-small companies may be limited, although the Sub-Advisers investment process incorporates this information when available. Although the Fund seeks investments across a number of sectors, from time to time the Fund may have significant positions in particular sectors.

BUSM Costs and Fees

BUSM costs about $73 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.73%
• Gross expense ratio: 0.73%
• Portfolio turnover: 39%

BUSM Debt Constituents

No individual debt constituents are reported in EA Bridgeway Ultra-Small Company Market ETF's latest SEC N-PORT filing.

BUSM Prospectus and SEC Filings

Official EA Bridgeway Ultra-Small Company Market ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-05-13

Related Funds

Other United States Small Cap Blend / Core Equity funds tracked on ABC INVEST:

• iShares Core S&P Small-Cap ETF (IJR)
• iShares Russell 2000 ETF (IWM)
• Fidelity Small Cap Index Fund (FSSNX)
• Schwab U.S. Small-Cap ETF (SCHA)
• U.s. Small Cap Portfolio (DFSTX)

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.