KAT Scharf ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 59.19 | Day Range | 59.14 – 59.34 |
| 52-Week Range | 52.27 – 59.34 | Volume | 15.15K |
| Avg Volume | 12.62K | AUM | $758.6M (Aug 27, 2026) |
| Expense Ratio | 0.75% | Yield (TTM) | 0.44% |
| NAV | 57.78 | Premium/Discount | +2.47% indicative |
| Inception | Jan 27, 2016 | Holdings | 38 |
| Issuer | Scharf | Exchange | NASDAQ |
| Category | — | Index Tracked | Not stated in source data |
| CUSIP | 00770X220 | ISIN | US00770X2201 |
| Management | Not stated in source data | ||
About this ETF
KAT primarily holds 25 to 35 mid- and large-cap stocks globally with strong long-term appreciation potential and limited downside risk. The strategy seeks securities with low valuations combined with growing earnings, cash flow, and/or book value by utilizing five key principles. These include low valuation, discount to fair value, investment flexibility, focus, and a long-term outlook. The fund may allocate as much as 50% of its assets to foreign markets, with up to 25% to emerging markets. Investments include common and preferred stocks, rights, warrants, special situations, ADRs, EDRs, and GDRs. Up to 30% of assets may be invested in fixed-income securities and ETFs. It may also fully shift into cash or short-term instruments for liquidity or defensive purposes. Securities are sold when they no longer offer attractive upside or fail to meet valuation and growth criteria. On Aug. 25, 2025, KAT converted from a mutual fund into an ETF structure, starting with $406.69 million in assets.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +6.11% | +7.46% | — | +6.70% | +592513900.00% | — | — | — | +82.59% |
| Total return | +6.11% | +7.55% | — | +6.80% | +593223632.95% | — | — | — | +82.61% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.75% | Annual cost of a $10,000 investment | $75.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Jun 04, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 34 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | PNC FINANCIAL SERVICES GROUP INC | PNC | 14.65% | 395.65K | $86.4M |
| 2 | US BANCORP | USB | 13.73% | 1.52M | $80.9M |
| 3 | TRUIST FINANCIAL CORP | TFC | 9.95% | 1.24M | $58.6M |
| 4 | FIFTH THIRD BANCORP | FITB | 6.22% | 740.58K | $36.7M |
| 5 | M&T BANK CORP | MTB | 4.48% | 123.38K | $26.4M |
| 6 | CITIZENS FINANCIAL GROUP INC | CFG | 4.47% | 428.51K | $26.4M |
| 7 | HUNTINGTON BANCSHARES INC | HBAN | 4.33% | 1.60M | $25.5M |
| 8 | REGIONS FINANCIAL CORP | RF | 4.26% | 917.00K | $25.1M |
| 9 | KEYCORP | KEY | 3.51% | 989.94K | $20.7M |
| 10 | FIRST CITIZENS BANCSHARES INC CLAS | FCNCA | 3.41% | 10.27K | $20.1M |
| 11 | EAST WEST BANCORP INC | EWBC | 2.99% | 145.35K | $17.6M |
| 12 | PINNACLE FINANCIAL PARTNERS INC | PNFP | 2.52% | 159.04K | $14.9M |
| 13 | WEBSTER FINANCIAL CORP | WBS | 2.08% | 170.34K | $12.3M |
| 14 | FIRST HORIZON CORP | FHN | 2.05% | 512.38K | $12.1M |
| 15 | WINTRUST FINANCIAL CORP | WTFC | 1.78% | 70.76K | $10.5M |
| 16 | POPULAR INC | BPOP | 1.74% | 69.43K | $10.3M |
| 17 | SOUTHSTATE BANK CORP | SSB | 1.64% | 104.73K | $9.7M |
| 18 | UMB FINANCIAL CORP | UMBF | 1.62% | 75.43K | $9.5M |
| 19 | ZIONS BANCORPORATION | ZION | 1.62% | 156.73K | $9.5M |
| 20 | CULLEN FROST BANKERS INC | CFR | 1.52% | 66.77K | $9.0M |
| 21 | WESTERN ALLIANCE | WAL | 1.43% | 108.49K | $8.4M |
| 22 | COMMERCE BANCSHARES INC | CBSH | 1.26% | 144.78K | $7.4M |
| 23 | PROSPERITY BANCSHARES INC | PB | 1.22% | 106.75K | $7.2M |
| 24 | VALLEY NATIONAL | VLY | 1.15% | 505.71K | $6.8M |
| 25 | FNB CORP | FNB | 1.09% | 377.47K | $6.4M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 0.44% | Paid (last 12 months) | $0.2631 |
| Frequency | Quarterly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Jun 29, 2026 | Last payment | $0.0460 (Jun 30, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Jun 29, 2026 | Jun 29, 2026 | Jun 30, 2026 | $0.0460 |
| Mar 30, 2026 | Mar 30, 2026 | Mar 31, 2026 | $0.1960 |
| Dec 30, 2025 | Dec 30, 2025 | Dec 31, 2025 | $0.0211 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
Liquidity
| Volume today | 15.15K | Average volume | 12.62K |
| AUM | $758.6M | Premium/Discount | +2.47% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $758.6M → $758.6M |
| 1 Week | -$11.7M | -1.54% | $758.6M → $758.6M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for KAT
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.