NFRX

Harrison Street Infrastructure Active ETF

Fund Summary

The Harrison Street Infrastructure Active ETF is an actively managed exchange-traded fund that seeks long-term capital appreciation and income by investing in equity securities of communications, energy, transportation and utility infrastructure companies.

Fund Details

Fund Inception01/29/2026
Fund NameHarrison Street Infrastructure Active ETF
TickerNFRX
Primary ExchangeNasdaq
CUSIP900934795
Gross Expense Ratio**0.85%
Net Expense Ratio**0.80%

**Contractual arrangements have been made with the Fund’s investment manager, Harrison Street Private Wealth LLC (“Harrison Street” or the “Adviser”), through April 30, 2027 to waive fees and/or reimburse fund expenses to the extent that total annual fund operating expenses exceed 0.80%, excluding, as applicable, acquired fund fees and expenses, interest (including borrowing costs and overdraft charges), taxes, brokerage commissions, dividend and interest expenses on securities sold short, extraordinary expenses and other expenses not incurred in the ordinary course of the Fund’s business. These arrangements will be in place for at least one year from the date of this Prospectus and cannot be terminated prior without the Board of Trustees’ consent.

Net Assets$1.26m
NAV$25.19
Shares Outstanding50,000
Premium/Discount Percentage-100.00%
Closing Price$0.00
Median 30 Day Spread*N/A
As of: 01/30/2026

*30-Day Median Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

Performance

Inception Date: 01/29/2026

As of: XX/XX/XXXX

Fund Ticker1MO3MO6MOYTD1YR3YR5YRInception
NFRX MKT--------
NFRX NAV--------

As of: XX/XX/XXXX

Fund Ticker1MO3MO6MOYTD1YR3YR5YRInception
NFRX MKT--------
NFRX NAV--------

The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call (877) 200-1878.

Short term performance, in particular, is not a good indication of the funds future performance, and an investment should not be made based solely on returns. Market price is the price at which shares in the ETF can be bought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each shares portion of the funds underlying assets and cash at the end of the trading day.

Top 10 Holdings

As of: 1/29/2026

Holdings are subject to change without notice.

NameCUSIPSharesPriceMarket ValueWeightings
NATIONAL GRID PLC /GBP/G6S9A71204,266$12.3$72,437.325.75%
XCEL ENERGY INC98389B100862$75.97$65,486.145.20%
NEXTERA ENERGY INC65339F101610$88.18$53,789.84.27%
CENTERPOINT ENERGY INC15189T1071,348$39.59$53,367.324.24%
UNION PACIFIC CORP907818108228$233.58$53,256.244.23%
ATMOS ENERGY CORP049560105316$166.0$52,456.04.17%
WILLIAMS COS INC969457100766$67.24$51,505.844.09%
FERROVIAL SE /EUR/N3168P101678$56.38$45,735.073.63%
ELIA GROUP SA/NV /EUR/B35656105304$124.4$45,246.873.59%
AENA SME SA /EUR/E526LK1011,412$25.52$43,113.173.42%
TARGA RESOURCES CORP87612G101210$201.52$42,319.23.36%
TC ENERGY CORP /CAD/87807B107714$79.88$42,275.833.36%
INTL CONTAINER TERM SVCS /PHP/Y411571013,864$629.0$41,232.613.27%
TRANSURBAN GROUP /AUD/Q9194A1064,216$13.85$41,145.643.27%
CSX CORP1264081031,084$37.87$41,051.083.26%
AMERICAN TOWER CORP03027X100226$181.34$40,982.843.25%
CANADIAN NATL RAILWAY CO /CAD/136375102404$136.17$40,777.323.24%
AMEREN CORPORATION023608102392$103.77$40,677.843.23%
ENTERGY CORP29364G103422$96.03$40,524.663.22%
SEMPRA816851109466$87.1$40,588.63.22%
ITALGAS SPA /EUR/T6R89Z1033,368$10.06$40,538.213.22%
AMERICAN ELECTRIC POWER025537101314$119.21$37,431.942.97%
P G & E CORP69331C1082,264$15.16$34,322.242.73%
CHENIERE ENERGY INC16411R208152$212.99$32,374.482.57%
EAST JAPAN RAILWAY CO /JPY/J1257M1091,220$3838.0$30,579.682.43%
EXELON CORP30161N101630$44.41$27,978.32.22%
CELLNEX TELECOM SA /EUR/E2R41M104726$26.06$22,636.311.80%
GRUPO AEROPORT DEL PACIF /MXN/P4959P100774$478.35$21,496.381.71%
GRUPO AEROPORT DEL SURES /MXN/P4950Y100542$601.26$18,920.831.50%
PENNON GROUP PLC /GBP/G8295T2392,442$5.565$18,760.621.49%
OSAKA GAS CO LTD /JPY/J62320130334$5762.0$12,568.631.00%
KANSAI ELECTRIC POWER CO /JPY/J30169106782$2449.5$12,509.860.99%
CASHCASH1,250 $1,249.970.10%

Purchase

The Fund (NFRX) is available through various channels including via phone (877) 200-1878, broker-dealers, investment advisers, and other financial services firms, including: