OACP

OACP

OneAscent Core Plus Bond ETF

The OneAscent Core Plus Bond ETF (OACP) seeks total return, with an emphasis on income as the source of that total return, while giving special consideration to certain values-based and impact criteria.

Key Uniques:

1

Diversify Traditional Fixed Income Allocations

OACP is constructed to be a core fixed income portfolio holding by providing diversified US fixed income holdings, including non-benchmark exposure to bonds rated below investment grade, non-US dollar and emerging markets.
2

Add Alpha and Manage Risk Over Market Cycles

OACP is designed and actively managed to seek to deliver attractive, risk-adjusted returns. The Fund leverages the scale, deep sector expertise, and embedded risk management process of its Sub-Adviser.
3

Align with Values, Elevate for Impact

OACP seeks to elevate issuers that demonstrably and consistently promote flourishing for their communities, environments, and stakeholders. We believe that Impact should be direct and measurable.
Fund Details As of 09/04/2026
TickerOACP
CUSIP90470L519
Inception Date3/30/22
Net Assets$267,613,789.64
Net Expense Ratio0.74%
Gross Expense Ratio0.74%
Primary ExchangeNYSE Arca
Distribution FrequencyMonthly
Shares Outstanding12,000,000
Fund Price As of 09/04/2026
NAV$22.30
Market Price$22.32
30-Day Median Bid/Ask Spread0.04%
Premium/Discount0.09%
×
Historical Premium/Discount
The table above shows the number of days the fund traded at a premium or discount to its NAV. A premium occurs when the market price is higher than the NAV, while a discount occurs when the market price is lower.
As of 02/28/2026
30-Day SEC Yield
4.07%
30-Day Median Bid/Ask Spread gives investors the midpoint within the spread between an ETF’s selling price and buying price. It is calculated over the last 30 days in 10 second intervals by dividing the difference between the bid (sell price) and offer (buy price) by the midpoint of the National Best Bid Offer (NBBO) and identifying the median of those values.

Premium Discount is the amount the fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.

The 30-Day Yield represents net investment income earned by the Fund over the 30-day period ending on the most recent month end, expressed as an annual percentage rate based on the Fund's share price at the end of the 30-day period.

Investment Process

Values Alignment

Fundamental Analysis

Impact Assestment

Portfolio Construction

An actively managed, high-conviction fixed income portfolio that we believe positively impacts the world

Performance

Trailing Returns

Performance as of 06/30/2026

3 Month YTD 1 Year 3 Year Since Inception
OneAscent Core Plus Bond ETF (Price) 1.06% 0.66% 4.07% 4.64% 1.82%
OneAscent Core Plus Bond ETF (NAV) 1.11% 0.70% 4.21% 4.66% 1.84%
Bloomberg U.S. Aggregate Bond Index 0.67% 0.62% 3.79% 4.16% 1.55%

Fund NAV represents the closing price of underlying securities. Closing Market Price is calculated using the price which investors buy and sell ETF shares in the market. The Closing Market Price returns in the table were calculated using the closing price and account for distributions from the funds.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance current to the most recent month end, please call 1-800-222-8274.

The total fund operating expense is 0.74%.

The Bloomberg US Agg Index is a broad-based flagship benchmark that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate pass-throughs), ABS and CMBS (agency and non-agency).

Source: Morningstar Direct

Elevate Stories

When a company elevates every single person and every square inch, they create stories worth sharing. Below are examples from this fund.

BB Blue Financing DAC

The oceans cover more than 70% of the earth’s surface, and nearly half of the world’s population depends upon the ocean for energy, food, and income. Nevertheless, less than 8% of ocean water is currently protected from overfishing, pollution, and habitat destruction.
These bonds elevate the environment by preserving Barbados’ ocean waters. The bonds refinance $150 million of Barbados sovereign debt, supporting the conservation of at least 30% of the country’s marine space. Barbados’ ocean is 430 times the size of its land area, and 40% of its GDP and workforce is tied to tourism. Despite its reliance upon the water for economic prosperity, only 1% of Barbados’ oceans are currently protected. Access to the government’s impact reporting of this project was negotiated as a condition of participation in the deal.
Learn More

Women's Livelihood Bond Series

Globally, 383 million women and girls live on less than $2 per day.1
This bond’s proceeds will be distributed to nine borrowers in SE Asia and Africa to help transition nearly 900,000 women from subsistence to sustainable livelihoods through access to credit, market linkages, and affordable goods.
Learn More

The Conservation Fund

Of the 105 largest cities on earth, 33 cities—including New York, San Francisco, and Boston–depend upon protected forests for quality and available drinking water, yet agribusiness and natural disasters threaten forest stability worldwide.
This bond elevates the environment by using proceeds to finance the Working Forest Fund. The Conservation Fund (CF) works to preserve the U.S.’s most at-risk lands and waters. For ten years, the CF’s Working Forest Fund has conserved over 754,000 acres of land from deforestation, securing 5,359 jobs and $628 million in annual economic impact. Conservation matters because U.S. rural communities depend upon one million forestry-related jobs and $125 billion in annual tax revenue generated from outdoor recreation.
Learn More

Duke Energy Carolinas

Grids will need to become both more resilient and greener if they are to sustain increased demand 'sustainably.'2
In order to increase power grid generation while meeting variable demand curves and emission targets, this bond’s proceeds will fund energy efficiency, distribution, and storage initiatives nationwide. Duke estimates that such efforts reduced 75 million minutes of customer power outages in 2023.
Learn More

IBRD

Sixty percent of Vietnam does not have sufficient access to safe water and sanitation.3
This bond elevates communities by providing access to clean water for Vietnam children. This International Bank for Reconstruction and Development project aims to manufacture 300,000 water purifiers, distribute them to approximately 8,000 schools across Vietnam, and make clean water available to around 2,000,000 children.
Learn More

Allocations as of 9/4/2026

Sector Allocation
As a percent of net assets. Portfolio Holdings are subject to change and should not be considered investment advice. Current and future portfolio holdings are subject to risk.

Documents

Summary Prospectus
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Prospectus
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SAI
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Semi-Annual Report
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Annual Report
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Fact Sheet
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Quarterly Holdings
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Quarterly Commentary
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Form N-PX
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N-CSR
Semi-Annual
Annual

Investors should carefully consider the investment objectives, risks, and charges and expenses of the fund before investing. The prospectus contains this and other information about the fund, and it should be read carefully before investing. Investors may obtain a copy of the prospectus by calling 1-800-222-8274 or clicking the link above. The fund is distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC, which is not affiliated with OneAscent Investment Solutions, LLC.

Important Risk Information:
Exchange-traded funds involve risk including the possible loss of principal. Past performance does not guarantee future results.

The Adviser invests in securities only if they meet both the Fund’s investment and values-based screening requirements, and as such, the returns may be lower than if the Adviser made decisions based solely on investment considerations.

The Fund faces numerous market trading risks, including the potential lack of an active market for Fund sharers, losses from trading in secondary markets, and periods of high volatility and disruption in the creation/redemption process of the Fund. These factors may lead to the Fund’s shares trading at a premium or discount to NAV.

Diversification does not ensure a profit or guarantee against loss.

1Source: Azcona, Ginette, and Antra Bhatt. “Poverty Is Not Gender-Neutral.” SDG Action.
2Source: “Sources of Greenhouse Gas Emissions.” United States Environmental Protection
3Source: Nuveen. “Green Bond: Water Purification.” YouTube.