Morningstar

Castellan Targeted Equity ETF CTEF

Medalist Rating as of Sep 30, 2026 See Castellan Investment Hub

Strategy

The investment seeks to achieve capital appreciation. Under normal circumstances, at least 80% of the fund’ net assets (plus the amount of any borrowings for investment purposes) will be invested in equity securities and derivatives based on those securities. The fund manager defines “equity securities” to mean common and preferred stocks, rights, warrants, and depositary receipts. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
CTEF	Castellan Targeted Equity ETF	ETF	Open	—		Jun 17, 2025	$613.11M	0.450%	—	—	$31.70M

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