Tidal Trust II (JEPY)

US ETF Tidal Trust II Summary:

Profile:

• Focus: Tidal Trust II is a closed-end interval fund specializing in opportunistic investments in publicly traded and private companies, including distressed and special situations.
• Asset Allocation: Invests mainly in debt and equity related securities with a focus on illiquid opportunities.
• Investment Strategy: Utilizes an actively managed and flexible strategy, targeting high returns with a value-oriented approach.

Objective:

• To achieve high total return through capital appreciation and current income, with emphasis on capital appreciation.

Issuer:

• Company: Tidal ETF Trust II
• Reputation & Reliability: Launched in 2022, the fund has limited operational history and requires further observation for reputation assessment.
• Management: Led by Michael E. Karsch, a seasoned investor with experience in distressed and special situations investments.

Market Share:

• Difficult to assess due to the relatively new launch of the fund and its niche market focus.

Total Net Assets:

• Approximately $122.99 million as of 11/17/2023.

Moat:

• Niche Market Focus: Invests in a specialized area of distressed and special situations, potentially offering unique opportunities.
• Experienced Management: Led by a team with a proven track record in the specific investment strategy.

Financial Performance:

• Limited data available due to the recent launch. Performance analysis requires additional time.

Benchmark Comparison:

• Benchmark unclear as the fund invests in a broad range of assets across different sectors and situations.

Growth Trajectory:

• Uncertain due to limited operational history. Future growth potential needs further monitoring.

Liquidity:

• Average Trading Volume: Approximately 716 shares per day.
• Bid-Ask Spread: 1.09%.

Market Dynamics:

• The fund's performance is likely influenced by factors like economic conditions, credit market dynamics, and the availability of attractive opportunities in its target market.

Competitors:

• Fortress Value Acquisition Corp. II (FTVA.U): 1.99% market share.
• Cohn Robbins Holdings Corp. (CRHC): 1.68% market share.
• E2open Parent Holdings, Inc. (ETWO): 1.47% market share.

Expense Ratio:

• 1.75% (includes management fees and other operating expenses).

Investment Approach & Strategy:

• Strategy: Actively managed, focusing on opportunistic investments across public and private markets, with an emphasis on distressed and special situations.
• Composition: Primarily invests in debt and equity related securities, spanning various industries and asset classes.

Key Points:

• Targets high returns with a value-oriented approach.
• Focuses on illiquid opportunities in the distressed and special situation markets.
• Led by a team with experience in the specific investment strategy.

Risks:

• Volatility: High potential for price fluctuations due to the focus on illiquid and less-traded assets.
• Market Risk: Exposed to various risks associated with the underlying asset classes, including credit risk, market volatility, and liquidity risk.

Who Should Consider Investing:

• Experienced investors with high risk tolerance and a long-term investment horizon.
• Individuals seeking exposure to distressed and special situations investments with the potential for high returns.

Fundamental Rating Based on AI:

• 7/10:
  • Positive factors: Experienced management team, niche market focus, potential for high returns.
  • Negative factors: Limited operational history, high expense ratio, significant risk profile.

Resources & Disclaimers:

• This information is based on publicly available data and analysis as of 11/17/2023. It should not be considered financial advice.
• Always conduct independent research and due diligence before making any investment decisions.