TOT
LionShares U.S. Equity Total Return ETF
Advisor Managed Portfolios
Expense ratio1
0.07%
Net assets2
$7.82M
Holdings2
2
Category
US Equity
Return

Investment objective & strategy

As of Aug. 29, 2025 · prospectus

Objective. The Fund seeks to provide long-term capital growth.

Strategy. The Fund is actively managed and seeks to achieve its investment objective by investing generally in exchange-traded funds (ETFs) that seek to track the broad U.S. equity market. The Fund invests in such ETFs in a manner intended to minimize the Funds need to make distributions. As a result, the Fund aims to produce returns consistent with the total return of the U.S. equity market. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. equity securities and instruments with economic characteristics similar to such securities. From time to time, instead of investing in ETFs, the Fund may invest in options and/or futures on such ETFs, and in futures … The Fund is actively managed and seeks to achieve its investment objective by investing generally in exchange-traded funds (ETFs) that seek to track the broad U.S. equity market. The Fund invests in such ETFs in a manner intended to minimize the Funds need to make distributions. As a result, the Fund aims to produce returns consistent with the total return of the U.S. equity market. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. equity securities and instruments with economic characteristics similar to such securities. From time to time, instead of investing in ETFs, the Fund may invest in options and/or futures on such ETFs, and in futures on a U.S. equity index, as a means to more effectively get exposure to the broad U.S. equity market in certain circumstances. The Fund may engage in frequent and active trading as part of its principal investment strategy. The Funds holdings may be focused, from time to time, in one or more sectors. For example, at inception the Fund expects that a significant percentage of assets will be subject to exposure from the information technology sector.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
SCHWAB US BROAD MARKET ETF MUTUAL FUND SCHB $7.82M 100.00%
FIRST AM-TR OB-X TMPXX $252 0.00%
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Allocation by sector

As of March 31, 2026 · N-PORT
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Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
1
Exited
1
Increased
0
Decreased
1
Unchanged
0

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

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Footnotes

  1. Expense ratio as of August 29, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.

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