TBFC ETF — The Brinsmere Fund - Conservative ETF

The Brinsmere Fund - Conservative ETF (TBFC)

Updated October 16, 2026.

TBFC is an ETF. its distribution rate is 2.93%, its trailing-12-month yield is 3.17%, its expense ratio is 0.44%. Dividend Vision Distribution Safety Score™ is 98/100 (Safe). Total return is 24.6% over the past 2.7 years, 41.4 points behind SPY at 66.0%.

The Brinsmere Fund - Conservative ETF is an actively managed fund of funds that invests in a globally diversified portfolio of equity and bond markets, systematically rebalancing holdings using two proprietary strategies—SMB and CAAR—developed by The Milwaukee Company. The fund distributes quarterly at a modest current distribution rate, with an expense ratio of 0.44%. It appeals to income-focused investors seeking a diversified approach with active management and systematic risk oversight.

TBFC performance versus SPY

Price and return data through 2026-10-16.

Total return is 24.6% over the past 2.7 years, 41.4 points behind SPY at 66.0%. Over the past year its total return — price change plus distributions reinvested — is 5.0%. Its deepest 1-year drawdown was 5.5%.

TBFC key facts

Distribution Safety Score™

98 · Safe

Safety-Adjusted Yield

2.87%

Issuer

The Brinsmere Funds

Asset type

ETF

Asset class

Equity

Inception date

01/12/2024

Expense ratio

0.44%

Distribution rate

2.93%

Distribution frequency

Quarterly

Trailing yield

3.17%

Last close

$28.67 (as of 2026-10-16)

AUM

$358,123,171

Average volume

368.0

Dividend

$0.21

Ex-dividend date

09/24/2026

Payment date

09/25/2026

Beta

0.4897

How Dividend Vision calculates yield and returns

Distribution rate (2.93%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.17%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: The Brinsmere Funds; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TBFC risks and drawbacks

TBFC's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 5.5%.

Who may consider TBFC — and who may not

TBFC may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (TBFC pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on TBFC

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Frequently asked questions

More securities from The Brinsmere Funds.