OACP

OACP

OneAscent Core Plus Bond ETF

The OneAscent Core Plus Bond ETF (OACP) seeks total return, with an emphasis on income as the source of that total return, while giving special consideration to certain values-based and impact criteria.

Key Uniques:

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Diversified Core Bond Exposure
OACP is constructed to be a core fixed income portfolio holding by providing diversified US fixed income holdings, including non-benchmark exposure to bonds rated below investment grade, non-US dollar and emerging markets.

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Institutional Caliber, Fundamental Process
OACP, Sub-advised by Nuveen, applies a disciplined and fundamental process driven by top-down macro and bottom-up credit research to evaluate issuers relative to their industry peers and other fixed income sectors.

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Aligned for Impact
OACP seeks to elevate issuers that demonstrably and consistently promote flourishing for their communities, environments, and stakeholders. We believe that Impact should be direct and measurable.

Fund Details As of 11/28/2022
Ticker OACP
Primary Exchange NYSE Arca
CUSIP 90470L519
Inception Date 3/30/22
Net Assets $99,171,352.57
Shares Outstanding 4,350,000.00
Gross Expense Ratio 0.79%
Distribution Frequency Monthly
Fund Price As of 11/28/2022
NAV $22.80
Market Price $22.80
30-day Median Bid/Ask Spread 0.05%
Premium Discount $0.000

Our Approach

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Allocation as of 11/28/2022

CORPORATE BONDS 47.5

U.S. GOVERNMENT & AGENCIES 23.8

ASSET BACKED SECURITIES 13

MUNICIPAL BONDS 8.3

TERM LOANS 2.9

CURRENCY 1.4

NON U.S. GOVERNMENT & AGENCIES 1.1

PREFERRED STOCKS 1.1

COLLATERALIZED MORTGAGE OBLIGATIONS 0.9

Top 10 Holdings as of 11/28/2022 Weight
US DOLLARS 4.97%
NYSPWR 4.871 04/1/2037 3.12%
FN MA4580 2.66%
FN FS1533 2.55%
T 4 11/15/42 2.36%
FN CB2627 1.99%
FN MA4701 1.93%
DISREV 3.85 02/28/2025 1.71%
G2 MA7768 1.69%
ISPIM 8.248 11/21/33 1.67%
View all holdings (csv)

As a percent of net assets. Portfolio Holdings are subject to change and should not be considered investment advice. Current and future portfolio holdings are subject to risk.

Documents

Summary Prospectus

Prospectus

SAI

Prospectus Supplement

Annual Report

Fact Sheet

Quarterly Holdings

Investors should carefully consider the investment objectives, risks, and charges and expenses of the fund before investing. The prospectus contains this and other information about the fund, and it should be read carefully before investing. Investors may obtain a copy of the prospectus by calling 1-800-222-8274 or clicking the link above. The fund is distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC, which is not affiliated with OneAscent Investment Solutions, LLC.

Important Risk Information:
Exchange-traded funds involve risk including the possible loss of principal. Past performance does not guarantee future results.

The Adviser invests in securities only if they meet both the Fund's investment and values-based screening requirements, and as such, the returns may be lower than if the Adviser made decisions based solely on investment considerations.

The Fund faces numerous market trading risks, including the potential lack of an active market for Fund sharers, losses from trading in secondary markets, and periods of high volatility and disruption in the creation/redemption process of the Fund. These factors may lead to the Fund's shares trading at a premium or discount to NAV.

The Fund is a new ETF and has a limited history of operations for investors to evaluate. The Adviser has not previously managed a mutual fund or an ETF.

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