NACP - NACP: ESG ETF Deserving More Attention
2025-07-02 13:26:16 ET
Strategy
Impact Shares NAACP Minority Empowerment ETF ( NACP ) was launched on 7/18/2018 and tracks the Morningstar Minority Empowerment Index, which has a methodology focused on environmental, social and governance factors (“ESG”). NACP has a portfolio of 200 stocks, a 30-day SEC yield of 0.94% and an expense ratio of 0.49%. The fund’s issuer, Impact Shares is a nonprofit organization. It aims to donate all net advisory profits to the NAACP (National Association for the Advancement of Colored People), although management fees have not yet exceeded operating expenses due to the fund’s small size. As described in the prospectus,...
NACP: ESG ETF Deserving More Attention