AXS FTSE Venture Capital Return Tracker Fund Class A Shares NMFQS:LDVAX

Large Growth | Leland Funds

$24.60

↓ $-0.07 (-0.28%)

Last Updated: Jul 18, 2026

Fund Information

Fund Category Large Growth

Fund Family Leland Funds

Fund Style Large Growth

ISIN US46141T2814

CUSIP 66538G387

Inception Date 2014-10-01

Domicile United States

Country USA

Fiscal Year End September

NAV Chart

Fund Metrics

Net Assets $220.54 Million

Share Class Net Assets $75.77 Million

Expense Ratio 1.76%

Expense Ratio Date 2020-02-01

Dividend Yield 0.00%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return -%

1-Year Return -6.71%

3-Year Return 17.95%

5-Year Return -1.52%

NAV $24.60

Previous Close Price $24.67

Last Update 2026-03-31

Dividend Information

Dividend Yield 0.00%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About AXS FTSE Venture Capital Return Tracker Fund Class A Shares

Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in the component publicly listed assets included in the underlying index. The index seeks to replicate the aggregate gross performance of U.S. venture capital-backed companies by exclusively holding publicly listed assets. It does not invest in venture capital funds or start-up companies.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 305213.26%

Giant 32.18%

Large 55.92%

Medium 12.82%

Micro 0.00%

Small 0.01%

Value & Growth Metrics

Book-Value Growth % 10.83%

Cash-Flow Growth % 13.58%

Dividend Yield % 0.71%

Historical Earnings % 15.70%

Long-Term Earnings % 11.12%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	0.05%	0.00%
Cash	0.09%	0.09%	0.00%	1.79%	0.00%
Non US Stock	1.46%	1.46%	0.00%	4.55%	0.59%
Not Classified	0.00%	0.00%	0.00%	0.02%	0.00%
Other	-0.40%	0.00%	0.40%	0.66%	0.00%
US Stock	98.85%	99.47%	0.62%	93.34%	99.41%

Top Holdings

Name	Weight	Owned	Change
Meta Platforms, Inc. - Class A	4.63%	-	-
Microsoft Corp.	4.47%	-	-
Alphabet, Inc. - Class A	4.44%	-	-
Netflix, Inc.	3.96%	-	-
Mastercard, Inc. - Class A	4.71%	-	-
Visa, Inc. - Class A	4.08%	-	-
Salesforce, Inc.	3.54%	-	-
Adobe, Inc.	3.62%	-	-
Oracle Corp.	4.39%	-	-
BNPP Equity Swap UA XS2 Basket /	3.35%	-	-
Berkshire Hathaway, Inc. - Class B	3.79%	-	-
International Business Machines Corp.	3.82%	-	-
Palantir Technologies, Inc. - Class A	4.80%	-	-
AppLovin Corp. - Class A	3.04%	-	-

See the full breakdown of LDVAX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.03%	91.08%	100.00%	0.00%
Bond Sector	Corporate	0.03%	1.86%	0.00%	0.00%
Bond Sector	Derivative	0.03%	0.00%	0.00%	0.00%
Bond Sector	Government	0.03%	6.49%	0.00%	0.00%
Bond Sector	Municipal	0.03%	0.01%	0.00%	0.00%
Bond Sector	Securitized	0.03%	0.56%	0.00%	0.00%
Cyclical	Basic Materials	0.94%	1.09%	0.00%	1.09%
Cyclical	Consumer Cyclical	3.82%	12.27%	0.00%	10.62%
Cyclical	Financial Services	12.59%	7.68%	0.00%	5.97%
Cyclical	Real Estate	0.00%	0.58%	0.00%	1.42%
Defensive	Consumer Defensive	1.94%	2.52%	0.00%	1.63%
Defensive	Healthcare	6.74%	9.02%	0.00%	5.33%
Defensive	Utilities	0.03%	0.59%	0.00%	0.81%
Sensitive	Communication Services	19.74%	13.97%	0.00%	14.50%
Sensitive	Energy	0.87%	0.92%	0.00%	0.47%
Sensitive	Industrials	3.59%	8.26%	0.00%	8.35%
Sensitive	Technology	49.74%	43.08%	0.00%	49.82%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.35%	1.44%	0.24%
Americas	North America	96.67%	98.56%	99.41%
Greater Asia	Asia Developed	1.30%	-	-
Greater Asia	Asia Emerging	0.19%	-	0.13%
Greater Asia	Australasia	0.00%	-	-
Greater Asia	Japan	0.04%	-	-
Greater Europe	Africa/Middle East	0.03%	-	-
Greater Europe	Europe Developed	1.11%	-	0.16%
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	0.30%	-	0.07%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2022-12-16	$0.100	$0.100	USD	2022-12-16	2022-12-15	2022-12-16	Annual
2021-12-16	$2.556	$2.556	USD	2021-12-16	2021-12-15	2021-12-16	Annual
2017-12-13	$0.362	$0.362	USD	2017-12-13	2017-12-12	2017-12-13	Other
2016-12-14	$0.345	$0.345	USD	2016-12-14	2016-12-13	2016-12-14	Other
2015-12-17	$0.342	$0.342	USD	2015-12-17	2015-12-16	2015-12-17	Other
2014-12-30	$0.260	$0.260	USD	-	-	-	-

View the full dividend history for LDVAX.