BATS | ETF
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities ofU. S. publicly listed private equity companies.
It defines "listed private equity companies" as Leverage Finance Providers and Buyout Firms, Sponsors, and Asset Managers (collectively, "Listed Private Equity Companies") that are listed and traded on aU. S. national securities exchange.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| ARCC | Ares Capital Corporation | Financial Services | Asset Management | 8.10% |
| BXSL | Blackstone Secured Lending Fund | Financial Services | Asset Management | 7.82% |
| FSK | FS KKR Capital Corp | Financial Services | Asset Management | 7.42% |
| KKR | KKR & Co LP | Financial Services | Asset Management | 7.06% |
| ARES | Ares Management LP | Financial Services | Asset Management | 5.79% |
| HTGC | Hercules Capital Inc | Financial Services | Asset Management | 5.62% |
| GBDC | Golub Capital BDC Inc | Financial Services | Asset Management | 5.38% |
| APO | Apollo Global Management LLC Class A | Financial Services | Asset Management | 4.72% |
| BX | Blackstone Group Inc | Financial Services | Asset Management | 4.24% |
| OWL | Blue Owl Capital Inc | Financial Services | Asset Management | 3.87% |
| PSEC | Prospect Capital Corporation | Financial Services | Asset Management | 3.79% |
| CG | Carlyle Group Inc | Financial Services | Asset Management | 3.07% |
| TRIN | Trinity Capital Inc | Financial Services | Asset Management | 3.03% |
| TPG | TPG Inc | Financial Services | Asset Management | 2.70% |
| BLK | BlackRock Inc | Financial Services | Asset Management | 2.09% |
| TSLX | Sixth Street Specialty Lending Inc | Financial Services | Asset Management | 2.09% |
| CSWC | Capital Southwest Corporation | Financial Services | Asset Management | 2.06% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 2.04% | ||
| GSBD | Goldman Sachs BDC Inc | Financial Services | Asset Management | 1.97% |
| BBDC | Barings BDC Inc | Financial Services | Asset Management | 1.69% |