Academy Asset Management, a veteran-owned institutional asset manager, is pleased to celebrate reaching $1 billion in firm AUM. The leadership of Academy Asset Management will ring the closing bell at the New York Stock Exchange on Tuesday, November 11^th, 2025.

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Academy Asset Management

Academy Asset Management’s mission is to hire, train, and mentor veterans for careers in financial services while delivering institutional-quality investment solutions. Surpassing $1 billion in assets under management strengthens Academy’s ability to scale its veteran-centric programs and deepen its impact across the industry. This milestone underscores how mission and performance can reinforce one another to drive meaningful results.

“We’re incredibly proud to celebrate this milestone, which reflects not only our firm’s growth but the strength of our mission,” stated Academy’s Chairman and CEO Chance Mims. “As we continue to expand, our focus remains on delivering value to our clients while creating meaningful opportunities for veterans.”

Over two years ago, Academy Asset Management launched the Academy Veteran Bond ETF (NYSE Arca: VETZ), the first publicly traded ETF to primarily invest in loans to U.S. service members, military veterans, their survivors, and veteran-owned businesses. At least 80% of the underlying assets consist of loans to veterans or their families. Investing in these loans helps facilitate the flow of capital to veterans, resulting in lower borrowing costs for them and their families.

“This Veterans Day, we honor the men and women who have served our nation with courage and commitment, including many of my colleagues at Academy. Their dedication inspires the values we bring to our work every day. We’re grateful to those who have partnered with us and helped us surpass this milestone, which is a testament to their trust, discipline, and shared commitment," stated Academy Asset Management’s CIO Seth Rosenthal.

Academy is honored to recognize the State of Iowa, Eli Lilly and Company, Muriel Siebert and Co. LLC, Massey Romans Capital, and AAFMAA Wealth Management & Trust as key partners this Veterans Day, whose support helped Academy Asset Management reach these important thresholds.

“Ringing the bell at the New York Stock Exchange is a proud moment for all of us,” stated Phil McConkey, Vice Chairman of Academy Securities. “It celebrates not just our success as a firm but the continued advancement of veterans within the financial industry.”

About Academy Asset Management (AAM):

Academy Asset Management is the nation’s first post-9/11 veteran-owned and operated institutional asset manager, specializing in fixed-income funds and separately managed accounts. Our leadership and team members bring rigorous military training combined with deep expertise in global capital markets. Mission-driven and guided by a strong ethical foundation, we operate with a high degree of accountability and a relentless focus on our clients’ success. Academy Asset Management is an SEC registered investment adviser, certified Disabled Veteran Business Enterprise (DVBE), and Service-Disabled Veteran Owned Business (SDVOB) and has offices in New York, Chicago, and San Diego. To learn more, visit www.academyassetmanagement.com.

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (866) 631-0504 or visit our website at www.academyassetmanagement.com. Read the prospectus or summary prospectus carefully before investing.

Investing involves risk. Principal loss is possible.

Agency Small Business Loan & MBS Risk. There is uncertainty as to the current status of many obligations of Fannie Mae or Freddie Mac and other agencies that are placed under conservatorship of the U.S. Government.

Fixed income Securities Risk. Typically, the value of fixed income securities changes inversely with prevailing interest rates.

Non-Agency MBS Risk. Non-agency MBS are subject to heightened risks as compared to agency MBS, including that non-agency MBS are not subject to the same underwriting requirements for the underlying mortgages that are applicable to those MBS that have a government or government-sponsored entity guarantee.

Prepayment Risk and Extension Risk. Many issuers have a right to prepay their fixed income securities.

Repurchase Agreement Risk. Repurchase agreements may be viewed as loans made by the Fund that are collateralized by the securities subject to repurchase.

TBA Transactions Risk. The Fund may enter into TBA transactions for MBS.

New Fund Risk. As a new fund, there can be no assurance that the Fund will grow or maintain an economically viable size.

Investment grade is a rating of fixed-income bonds, bills, and notes by credit rating agencies like Standard and Poor’s (S&P), Fitch, and Moody’s, which signifies a low risk of default. The rating determines the creditworthiness of companies based on their financial strengths and structure, past data, and growth potential. Companies with good levels of debt, debt repayment, good earning potential, and growth will have good credit ratings.

Mortgage-backed securities (MBS) are investment products similar to bonds. Each MBS consists of a bundle of home loans and other real estate debt bought from the banks that issued them. Investors in mortgage-backed securities receive periodic payments similar to bond coupon payments.

Bloomberg US Aggregate Bond Index This index (the “Agg”) represents securities that are SEC registered, taxable and U.S. dollar denominated. It covers the U.S. investment grade, fixed-rate bond market, with components for government and corporate securities, mortgage pass-through securities and asset-backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis.

Bloomberg US Mortgage-Backed Securities (MBS) Index: This index measures the performance of investment grade, fixed-rate, mortgage-backed, pass-through securities of the government-sponsored enterprises (GSEs): Federal Home Loan Mortgage Corp. (Freddie Mac), Federal National Mortgage Association (Fannie Mae) and Government National Mortgage Association (Ginnie Mae).

VETZ is distributed by Foreside Fund Services, LLC. Foreside is not related to Academy.

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"We’re grateful to those who have partnered with us and helped us surpass this milestone, which is a testament to their trust, discipline, and shared commitment”