DALT — Anfield Capital Diversified Alternatives ETF
Data updated: 2024-04-01
DALT — Anfield Capital Diversified Alternatives ETF. United States Small Cap Blend / Core Financials Equity. Holdings, fees, performance and SEC filings.
DALT Fund Overview
DALT — Anfield Capital Diversified Alternatives ETF is a US ETF managed by Two Roads Shared Trust, categorised as United States Small Cap Blend / Core Financials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Two Roads Shared Trust
- Category: United States Small Cap Blend / Core Financials Equity
- Assets under management: $40.66M
- 1-year return: 0.7%
- Ticker: DALT
- SEC CIK: 0001552947
- SEC series ID: S000059538
- Share class ID: C000194999
DALT Investment Objective and Strategy
Anfield Capital Diversified Alternatives ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Two Roads Shared Trust.
Investment objective
The Fund seeks to provide capital growth and income.
Principal investment strategy
The Fund is an actively managed exchange traded fund (ETF) that is a fund of funds. It seeks to achieve its investment objective by investing primarily in alternative asset classes and securities that represent sectors, market segments or asset classes that do not represent the general investment universe. The Fund will implement this strategy primarily through investments in unaffiliated ETFs, closed-end funds (CEFs), business development companies (BDCs) and real estate investment trusts (REITs). The market segments and sectors represented in these securities will typically have a lower correlation to the general equity and fixed income markets and whose performance and volatility is affected by factors different from those that determine the general direction of the equity and fixed income markets.
These alternative sectors and asset class categories are (i) frontier technology companies at the forefront of major technical innovations in computing, medical sciences and nano-technology, (ii) companies in newly opened or frontier markets or involved in infrastructure development and resource exploitation, (iii) traditional alternatives such as private equity, private debt, and hedge funds, (iv) long and short positions (including leveraged positions) in stocks, bonds, cash, and derivatives (futures, options, and forward contracts) on individual securities and indices,(v) energy, and commodity related securities, (vi) long and short volatility strategies, (vii) multi-asset / market neutral, and (viii) absolute return / macro & event driven. The equity securities in which the Fund invests will be both domestic and foreign (including emerging markets) and of any market capitalization.
The Fund may also invest in convertible and preferred securities. The Funds indirect investments in derivatives will be used for both hedging purposes and investment purposes to gain exposure to various market segments. Anfield Capital Management, LLC (the Sub-Adviser) selects potential investments based on its ongoing analysis of available opportunities. Of primary consideration are the potential for growth and an estimation of the risks involved in achieving these goals. The Sub-Adviser analyzes the Fund's goals, portfolio composition, volatility, risk exposures and historical returns, using data from multiple sources, combined with a proprietary quantitative methodology with the goal of finding the correct balance between potential risk and return. The analysis considers multiple factors (overall economic conditions, fundamental financial criteria, valuation considerations as well as market and technical analysis).
The Sub-Adviser expects that the Fund will generally hold 20 - 30 equally weighted positions.
DALT Holdings
Top 10 holdings of Anfield Capital Diversified Alternatives ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Janus Detroit Street Trust | 5.26% |
| First Trust Exchange-Traded Fund | 5.23% |
| Ares Capital Corp. | 5.16% |
| Invesco Exchange Traded Fd Tr | 4.41% |
| First Tr Mlp & Energy Income Fd | 4.22% |
| Oxford Lane Capital Corp | 4.12% |
| First Trust Exchange-Traded Fund III | 3.66% |
| Invesco Db Multi-Sector Comm Tr | 3.34% |
| iShare Trust | 3.33% |
| Pimco Dynamic Income Fd | 3.23% |
DALT Portfolio Allocation
Asset-class allocation of Anfield Capital Diversified Alternatives ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 88.3% |
| Cash & Equivalents | 1.9% |
DALT Performance
Total returns for DALT (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 0.7% |
| 3 years (annualised) | -1.5% |
DALT Risk Information
Risk metrics for DALT, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.0%
DALT Costs and Fees
DALT costs about $292 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.92%
- Gross expense ratio: 2.92%
- Portfolio turnover: 23%
- Brokerage commissions: 1.45 bps of average net assets (SEC N-CEN)
DALT Cashflows
Over the 12 months to 2024-01, Anfield Capital Diversified Alternatives ETF had net inflows of $56.40M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-01 | $1.07M |
| 2023-12 | $2.15M |
| 2023-11 | $28.08M |
| 2023-10 | $2.49M |
| 2023-09 | $654.62K |
| 2023-08 | $10.98M |
DALT Debt Constituents
No individual debt constituents are reported in Anfield Capital Diversified Alternatives ETF's latest SEC N-PORT filing.
DALT Prospectus and SEC Filings
Official Anfield Capital Diversified Alternatives ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-08-28
- Prospectus (485BPOS) — filed 2022-08-29
- Prospectus (485BPOS) — filed 2021-09-14
- Portfolio holdings (N-PORT) — filed 2024-04-01
- Portfolio holdings (N-PORT) — filed 2023-12-26
- Portfolio holdings (N-PORT) — filed 2023-09-28
- Annual census (N-CEN) — filed 2023-07-14
- Annual census (N-CEN) — filed 2022-07-13
Related Funds
Other United States Small Cap Blend / Core Financials 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.