Defiance InvestmentsNew Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
Defiance has renamed the Defiance AI Capacitors Leaders ETF (CAPA) as the Defiance AI Capacitors & MLCC ETF, effective immediately. Its benchmark has also changed from the BITA AI Capacitors Leaders Index to the BITA AI Capacitors & MLCC Index. The updates sharpen the fund’s branding around multilayer ceramic capacitors (MLCCs), a key component category used across electronics and AI-related hardware, while leaving the ticker CAPA unchanged.
At a glance
- Beat
- Fund Updates
- Issuer
- Defiance Investments
- Region
- United States
- Filed
- 10 September 2026
Source: SEC Filings
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