NEWTOWN SQUARE, PA — Empowered Funds LLC has renamed its TCV exchange-traded fund the Towle Small-Cap Value ETF, effective Sept. 30, while leaving the fund’s investment strategy, management and trading structure unchanged.
The name change is intended to make the fund’s existing small-cap value mandate more explicit to investors. Towle & Co. will remain the fund’s sub-adviser, with Empowered Funds, which does business as ETF Architect, continuing as adviser.
The fund will retain the ticker TCV and remain listed on NYSE Arca. Its CUSIP remains 26824D506, and its fiscal year ends May 31.
The investment objective, portfolio management team and other principal elements of the fund are also unchanged.
Empowered Funds said shareholders do not need to take any action because of the rebranding.
The change places the Towle name directly on the ETF while preserving the investment approach and advisory relationship already in place.
Support the local news that supports Chester County. MyChesCo delivers reliable, fact-based reporting and essential community resources—free for everyone. If you value that, click here to become a patron today.