Defiance Hotel, Airline, and Cruise ETF (CRUZ) and the Defiance Next Gen H2 ETF (HDRO) Closure
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 10 2025
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Source: Globenewswire
Closure of Funds: The Board of Trustees has decided to close and liquidate the Defiance Hotel, Airline, and Cruise ETF (CRUZ) and the Defiance Next Gen H2 ETF (HDRO), effective April 29, 2025, with liquidation of assets starting around April 18, 2025.
Shareholder Impact: Shareholders will receive cash distributions after asset liquidation, which are taxable events, and should consult tax advisors regarding potential income tax consequences.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
