Leatherback Long/Short Alternative Yield ETF (LBAY)

Leatherback Long/Short Alternative Yield ETF (LBAY) is an exchange-traded fund in the Long Short Equity category. It has $18.60M in assets, an expense ratio of 1.20% and a 3.60% dividend yield. Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in income producing securities that are an alternative to traditional debt instruments. Alternative Yield Investments are investments, other than traditional debt instruments (e.g., bonds), that generate interest and dividend income. It is non-diversified.