MVPL

Miller Value Partners Leverage ETF

$36.28
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Miller Value Partners Leverage ETF (MVPL) seeks to provide exposure to a portfolio of undervalued stocks with the potential for capital appreciation, using leverage to amplify returns.

Overview

ETF tracking Miller Value Partners Leverage ETF

Category Value
Issuer Other
Inception Date 2024-02-28
Market Cap $20.7M
Average Volume N/A
Dividend Yield 5.70%
52-Week Range $23.52 - $38.16
VWAP $36.02

Performance

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Investment Summary

📎 Investment Objective

The Miller Value Partners Leverage ETF (MVPL) seeks to provide exposure to a portfolio of undervalued stocks with the potential for capital appreciation, using leverage to amplify returns.

🎯 Investment Strategy

The fund invests in a concentrated portfolio of equity securities that the fund's manager believes are undervalued. The fund uses leverage, typically up to 1.5x the value of its assets, to magnify the potential upside of the underlying investments.

✨ Key Features

  • Actively managed portfolio of undervalued stocks
  • Uses leverage to potentially enhance returns
  • Concentrated portfolio with high conviction positions
  • Expense ratio of 0.00%

⚠️ Primary Risks

  • Increased volatility and risk due to the use of leverage
  • Concentration risk from a limited number of holdings
  • Potential for significant losses if the manager's stock selection is incorrect
  • Lack of performance history to evaluate long-term returns

👤 Best For

The Miller Value Partners Leverage ETF may be suitable for experienced, risk-tolerant investors seeking the potential for higher returns through an actively managed, leveraged portfolio of undervalued stocks. Investors should have a long-term investment horizon and be comfortable with the increased volatility and risks associated with the use of leverage.