The Castellan Targeted Income ETF (CBOE:CTIF) is an actively managed exchange-traded fund (“ETF”) that seeks to provide capital appreciation by investing in equity securities with a history of growing their dividends. In selecting equity securities for the Fund, Castellan employs a proprietary methodology to find equity securities that blends both quantitative and qualitative analysis. Castellan seeks to find companies that have strong balance sheets and earnings growth which have consistently increased their dividends in the past 10 years. In order to seek additional income, Castellan opportunistically trades call options on these equity positions.
Targeted Income ETF (CTIF) is built for investors who desire income from high-quality companies, with an added income boost from a slice of covered call options strategy.
CTIF selects companies with strong histories of dividend growth, applying a screen focused on balance sheet strength, earnings growth, and sustainable payout ratios along with a proprietary scoring metric. These are companies that not only pay dividends — they’ve shown the ability to grow them over time. To enhance income further, CTIF sells short-term calls on a portion of its holdings.
The Castellan Targeted Income ETF (the “Fund”) seeks to provide current income with an opportunity for capital appreciation.
| 1 | ||
|---|---|---|
| 1 | Ticker | CTIF |
| 2 | Fund Type | Active |
| 3 | CUSIP | 02072Q481 |
| 4 | Exchange | Cboe |
| 5 | Inception | 06/24/2025 |
| 6 | Expense Ratio | 0.45% |
| 7 | 30-Day Bid/Ask Spread* | 0.15% |
| 8 | AUM ($mm) | 190.83 |
| 9 | As of Date | 10/15/2026 |
| — | Last | 1-Day Change ($) | 1-Day Change (%) |
|---|---|---|---|
| NAV | $52.64 | $-0.23 | -0.44% |
| Market Price | $52.59 | $-0.28 | -0.53% |
| Premium / Discount | -0.09% |
| Fund_Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | As of Date |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CTIF | MKT | 5.33 | -4.11 | 1.23 | 8.51 | 4.65 | 7.38 | 09/30/2026 | |||
| CTIF | NAV | 5.26 | -4.21 | 1.07 | 8.23 | 4.51 | 7.25 | 09/30/2026 |
| Fund_Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | As of Date |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CTIF | MKT | 5.33 | -4.11 | 1.23 | 8.51 | 4.65 | 7.38 | 09/30/2026 | |||
| CTIF | NAV | 5.26 | -4.21 | 1.07 | 8.23 | 4.51 | 7.25 | 09/30/2026 |
Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. YTD is year-to-date and ITD is inception-to-date.
| Period | Days Traded at Premium | Days Traded at Discount |
|---|---|---|
| 2026 Q3 | ||
| 2026 Q2 | ||
| 2026 Q1 | ||
| 2025 |
| Ex Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Total Distro |
|---|---|---|---|---|---|---|
| 09/29/2025 | 09/29/2025 | 09/30/2025 | 0.6448 | 0.6448 | ||
| 12/23/2025 | 12/23/2025 | 12/24/2025 | 0.6440 | 0.6440 | ||
| 03/30/2026 | 03/30/2026 | 03/31/2026 | 0.6300 | 0.6300 | ||
| 06/29/2026 | 06/29/2026 | 06/30/2026 | 0.6437 | 0.6437 | ||
| 09/28/2026 | 09/28/2026 | 09/30/2026 | 0.6578 | 0.6578 |
| Ticker | Name | CUSIP | Shares | Price | Market Value ($mm) | % of Net Assets | EFFECTIVE_DATE |
|---|---|---|---|---|---|---|---|
| ABT | Abbott Laboratories | 002824100 | 78,647 | 102.34 | 8.05 | 4.03 | 10/15/2026 |
| BOXX | Alpha Architect 1-3 Month Box ETF | 02072L565 | 3,527 | 118.57 | 0.42 | 0.21 | 10/15/2026 |
| AXP | American Express Co | 025816109 | 28,009 | 306.95 | 8.60 | 4.30 | 10/15/2026 |
| AMP | Ameriprise Financial Inc | 03076C106 | 19,221 | 495.82 | 9.53 | 4.77 | 10/15/2026 |
| ADI | Analog Devices Inc | 032654105 | 24,357 | 403.57 | 9.83 | 4.92 | 10/15/2026 |
| ADP | Automatic Data Processing Inc | 053015103 | 37,232 | 280.32 | 10.44 | 5.22 | 10/15/2026 |
| BR | Broadridge Financial Solutions Inc | 11133T103 | 55,372 | 168.26 | 9.32 | 4.66 | 10/15/2026 |
| AVGO | Broadcom Inc | 11135F101 | 24,342 | 346.25 | 8.43 | 4.22 | 10/15/2026 |
| 2ABT 261016C00098850 | ABT 10/16/2026 98.85 C | -150 | 3.64 | -0.05 | -0.03 | 10/15/2026 | |
| 2ACN 261016C00240370 | ACN 10/16/2026 240.37 C | -92 | 0.06 | 0.00 | 0.00 | 10/15/2026 | |
| 2ADI 261016C00434260 | ADI 10/16/2026 434.26 C | -47 | 0.27 | 0.00 | 0.00 | 10/15/2026 | |
| 2ADP 261016C00277370 | ADP 10/16/2026 277.37 C | -71 | 4.31 | -0.03 | -0.02 | 10/15/2026 | |
| 2AMP 261016C00567420 | AMP 10/16/2026 567.42 C | -37 | 0.01 | 0.00 | 0.00 | 10/15/2026 | |
| 2AVGO 261016C00366530 | AVGO 10/16/2026 366.53 C | -47 | 0.53 | 0.00 | 0.00 | 10/15/2026 | |
| 2AXP 261016C00312540 | AXP 10/16/2026 312.54 C | -54 | 0.78 | 0.00 | 0.00 | 10/15/2026 | |
| 2BR 261016C00179260 | BR 10/16/2026 179.26 C | -105 | 0.07 | 0.00 | 0.00 | 10/15/2026 | |
| 2ETN 261016C00465220 | ETN 10/16/2026 465.22 C | -44 | 0.20 | 0.00 | 0.00 | 10/15/2026 | |
| 2GD 261016C00341500 | GD 10/16/2026 341.5 C | -51 | 0.59 | 0.00 | 0.00 | 10/15/2026 | |
| 2GS 261016C00969930 | GS 10/16/2026 969.93 C | -19 | 0.03 | 0.00 | 0.00 | 10/15/2026 | |
| 2GWW 261016C01293800 | GWW 10/16/2026 1293.8 C | -16 | 39.28 | -0.06 | -0.03 | 10/15/2026 | |
| 2HUBB 261016C00468580 | HUBB 10/16/2026 468.58 C | -38 | 8.70 | -0.03 | -0.02 | 10/15/2026 | |
| 2ITW 261016C00276980 | ITW 10/16/2026 276.98 C | -66 | 0.32 | 0.00 | 0.00 | 10/15/2026 | |
| 2KR 261016C00060340 | KR 10/16/2026 60.34 C | -277 | 2.83 | -0.08 | -0.04 | 10/15/2026 | |
| 2MSFT 261016C00531880 | MSFT 10/16/2026 531.88 C | -40 | 5.80 | -0.02 | -0.01 | 10/15/2026 | |
| 2PH 261016C00952220 | PH 10/16/2026 952.22 C | -23 | 11.44 | -0.03 | -0.01 | 10/15/2026 | |
| 2RPM 261016C00109740 | RPM 10/16/2026 109.74 C | -159 | 0.01 | 0.00 | 0.00 | 10/15/2026 | |
| 2SNA 261016C00392280 | SNA 10/16/2026 392.28 C | -44 | 0.01 | 0.00 | 0.00 | 10/15/2026 | |
| 2TEL 261016C00221970 | TEL 10/16/2026 221.97 C | -81 | 0.27 | 0.00 | 0.00 | 10/15/2026 | |
| 2XYL 261016C00112960 | XYL 10/16/2026 112.96 C | -162 | 0.02 | 0.00 | 0.00 | 10/15/2026 | |
| FGXXX | First American Government Obligations Fund 12/01/2031 | 31846V336 | 1,095,005 | 100.00 | 1.10 | 0.55 | 10/15/2026 |
| GD | General Dynamics Corp | 369550108 | 26,723 | 334.66 | 8.94 | 4.48 | 10/15/2026 |
| GS | Goldman Sachs Group Inc/The | 38141G104 | 10,081 | 878.72 | 8.86 | 4.43 | 10/15/2026 |
| GWW | WW Grainger Inc | 384802104 | 8,378 | 1,330.62 | 11.15 | 5.58 | 10/15/2026 |
| HUBB | Hubbell Inc | 443510607 | 20,201 | 473.37 | 9.56 | 4.79 | 10/15/2026 |
| ITW | Illinois Tool Works Inc | 452308109 | 34,862 | 269.47 | 9.39 | 4.70 | 10/15/2026 |
| KR | Kroger Co/The | 501044101 | 145,170 | 63.09 | 9.16 | 4.58 | 10/15/2026 |
| MSFT | Microsoft Corp | 594918104 | 21,082 | 533.69 | 11.25 | 5.63 | 10/15/2026 |
| PH | Parker-Hannifin Corp | 701094104 | 12,251 | 956.32 | 11.72 | 5.86 | 10/15/2026 |
| RPM | RPM International Inc | 749685103 | 83,594 | 97.95 | 8.19 | 4.10 | 10/15/2026 |
| SNA | Snap-on Inc | 833034101 | 23,003 | 363.51 | 8.36 | 4.19 | 10/15/2026 |
| XYL | Xylem Inc/NY | 98419M100 | 85,465 | 102.74 | 8.78 | 4.40 | 10/15/2026 |
| Cash&Other | Cash & Other | 263,632 | 1.00 | 0.26 | 0.13 | 10/15/2026 | |
| ACN | Accenture PLC | G1151C101 | 48,355 | 214.96 | 10.39 | 5.20 | 10/15/2026 |
| ETN | Eaton Corp PLC | G29183103 | 22,952 | 408.85 | 9.38 | 4.70 | 10/15/2026 |
| TEL | TE Connectivity PLC | G87052109 | 42,777 | 210.25 | 8.99 | 4.50 | 10/15/2026 |
Fund holdings and allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
| Fund_Ticker | Factsheet | Summary Prospectus | Statutory Prospectus | SAI | Part F Q3 | Part F Q1 | N-PX Proxy Voting Record | Annual Financials | Annual Schedule of Investments | Annual Tailored Shareholder Report | Semi-Annual Financials | Semi-Annual SOI | Semi-Annual TSR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CTIF | Download | Download | Download | Download | Download | Download | Download | Download | Download | Download | Download | Download |