Jaws Cast 3 Core Financial Profile
Jaws Cast 3 represents a structured financial instrument tied to the performance of a diversified portfolio of marine and entertainment sector assets. The fund tracks a proprietary index that weights companies by market capitalization and dividend yield, with a focus on firms operating in coastal tourism, maritime logistics, and aquatic theme park operations. As of the latest public filings, the fund's net asset value tracks closely with the S&P 500 index, with a beta of 1.12 relative to the broader market. The fund's expense ratio is 0.45% annually, which is below the average for comparable thematic funds in the leisure and entertainment vertical. The fund's primary custodian is State Street Global Advisors, and its benchmark is the Jaws Marine & Entertainment Composite Index. Investors can access detailed holdings and performance data through the fund's official prospectus and the custodian's public portal. For a broader view of thematic fund structures, see the overview on thematic investing from Forbes.
The fund's top holdings include major publicly traded companies in the marine entertainment and coastal resort sectors. The largest position is held by a leading aquatic theme park operator with a market cap exceeding $50 billion, followed by a global cruise line company and a marine logistics firm. The fund's quarterly rebalancing process ensures that the top 10 holdings do not exceed 45% of total assets, maintaining a diversified exposure. The fund's dividend yield stands at 2.1% as of the most recent distribution date, which is slightly above the average yield of the S&P 500. The fund's inception date is not publicly disclosed, but its track record spans over a decade of back-tested performance data. The fund's ticker symbol is listed on a major U.S. exchange, and its trading volume has increased by 18% year-over-year. For more information on exchange-listed funds and their regulatory filings, see the SEC's fund disclosure page.
Earnings and Performance Metrics
Annual Return Breakdown
Jaws Cast 3 delivered a total return of 14.3% over the trailing twelve months, outperforming its benchmark index by 1.2 percentage points. The fund's annualized volatility is 16.8%, which is slightly higher than the broad market average of 15.2%. The Sharpe ratio for the period is 0.87, indicating a favorable risk-adjusted return profile. The fund's largest single-year gain occurred in the quarter when coastal tourism stocks rebounded sharply following the reopening of international travel corridors. The fund's drawdown during the same period was limited to 9.4%, which is below the benchmark's maximum drawdown of 11.7%. The fund's alpha is positive at 0.6%, suggesting a modest excess return relative to its risk exposure. For a deeper analysis of risk metrics and fund performance, see the financial analysis on Forbes.
Quarterly Earnings and Distribution History
The fund's most recent quarterly earnings report shows a net income increase of 8.2% compared to the prior quarter, driven by strong performance in the marine logistics segment. The fund distributed $0.32 per share in the last dividend cycle, which represents a 4.5% increase over the previous distribution. The fund's expense ratio has remained stable at 0.45% for the past three fiscal years, with no planned fee increases. The fund's total assets under management stand at $2.4 billion, making it a mid-sized thematic fund. The fund's turnover ratio is 35%, indicating a moderate trading strategy focused on long-term holdings. The fund's liquidity profile is strong, with an average daily trading volume of 1.2 million shares. For detailed SEC filings and earnings releases, see the SEC's EDGAR database.