Form N-CSR Cover
Form N-CSR Cover | 12 Months Ended |
Jun. 30, 2024 | |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Manager Directed Portfolios |
Entity Central Index Key | 0001359057 |
Entity Investment Company Type | N-1A |
Document Period End Date | Jun. 30, 2024 |
Shareholder Report
Shareholder Report | 12 Months Ended |
Jun. 30, 2024 USD ($) $ / shares | |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Manager Directed Portfolios |
Entity Central Index Key | 0001359057 |
Entity Investment Company Type | N-1A |
Document Period End Date | Jun. 30, 2024 |
Vert Global Sustainable Real Estate ETF | |
Shareholder Report [Line Items] | |
Fund Name | Vert Global Sustainable Real Estate ETF |
Class Name | Vert Global Sustainable Real Estate ETF |
Trading Symbol | VGSR |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Vert Global Sustainable Real Estate ETF for the period of July 1, 2023, to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://vertfunds.com/fund-information/ . You can also request this information by contacting us at 1-844-740-VERT or by sending an email request to info vertasset.com. |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period. |
Additional Information Phone Number | 1-844-740-VERT or by sending an email request to info@vertasset.com. |
Additional Information Website | https://vertfunds.com/fund-information/ |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Vert Global Sustainable Real Estate ETF $50 0.47% |
Expenses Paid, Amount | $ 50 |
Expense Ratio, Percent | 0.47% |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? Over the trailing 12 months, the Fund has enjoyed positive returns and outperformed its strategy benchmark. Outperformance of this magnitude is not unexpected given the normal variation between the Fund and benchmark. Shareholders can often benefit from their discipline when they remain invested for the long term. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of the Fund’s future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | ANNUAL AVERAGE TOTAL RETURN (%) 1 Year 5 Year Since Inception (10/31/2017) Vert Global Sustainable Real Estate ETF NAV 11.41 1.42 2.33 Vert Global Sustainable Real Estate ETF Market 11.56 1.44 2.35 MSCI ACWI Net Total Return Index (USD) 19.38 10.76 9.38 S&P Global REIT (US Dollar) Net Total Return 5.10 0.65 2.37 |
No Deduction of Taxes [Text Block] | The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit https://vertfunds.com/fund-information/ for more recent performance information. |
Net Assets | $ 367,086,498 |
Holdings Count | $ / shares | 154 |
Advisory Fees Paid, Amount | $ 1,020,774 |
Investment Company Portfolio Turnover | 11% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of June 30, 2024) Net Assets $367,086,498 Number of Holdings 154 Net Advisory Fee Paid $1,020,774 Portfolio Turnover Rate 11% 30-Day SEC Yield 3.59% 30-Day SEC Yield Unsubsidized 3.49% |
Holdings [Text Block] | Top 10 Holdings (% of Net Assets) Digital Realty Trust, Inc. 5.1% Welltower, Inc. 5.1% Simon Property Group, Inc. 5.0% Prologis, Inc. 5.0% American Tower Corp. 4.9% Equinix, Inc. 4.7% Goodman Group 4.4% Extra Space Storage, Inc. 3.6% AvalonBay Communities, Inc. 3.2% Iron Mountain, Inc. 2.9% |
Material Fund Change [Text Block] | HOW HAS THE FUND CHANGED? This is a summary of certain changes to the Fund that occurred on December 4, 2023. For more complete information, you may review the Fund’s prospectus, which is available at http://www.vertfunds.com/fund-information/#documents or upon request by calling (844) 740-VERT or by sending an e-mail request to info vertasset.com. On December 4, 2023, the Vert Global Sustainable Real Estate Fund (the “Predecessor Fund”), was reorganized within Manager Directed Portfolios as the Vert Global Sustainable Real Estate ETF, resulting in a change to the Fund’s name. In connection with the Predecessor Fund’s conversion to an exchange-traded fund (“ETF”), the Fund has a lower net expense ratio and is subject to ETF-related risks. There were no other material changes as a result of the conversion. |
Updated Prospectus Phone Number | (844) 740-VERT |
Updated Prospectus Email Address | info@vertasset.com. |
Updated Prospectus Web Address | http://www.vertfunds.com/fund-information/#documentshttps://vertfunds.com/fund-information/. |
Shareholder Report, Line Graph
Shareholder Report, Line Graph (Details) - USD ($) | 12 Months Ended | ||||||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2018 | |
Vert Global Sustainable Real Estate ETF | |||||||
Account Value [Line Items] | |||||||
Line Graph and Table Measure Name | Vert Global Sustainable Real Estate ETF NAV | ||||||
Account Value | $ 11,657 | $ 10,462 | $ 10,880 | $ 12,421 | $ 9,220 | $ 10,865 | $ 10,189 |
Vert Global Sustainable Real Estate ETF Market [Member] | |||||||
Account Value [Line Items] | |||||||
Line Graph and Table Measure Name | Vert Global Sustainable Real Estate ETF Market | ||||||
Account Value | $ 11,671 | 10,462 | 10,880 | 12,421 | 9,220 | 10,865 | 10,189 |
MSCI ACWI Net Total Return Index (USD) [Member] | |||||||
Account Value [Line Items] | |||||||
Line Graph and Table Measure Name | MSCI ACWI Net Total Return Index (USD) | ||||||
Account Value | $ 18,175 | 15,225 | 13,065 | 15,508 | 11,136 | 10,905 | 10,313 |
S&P Global REIT (US Dollar) Net Total Return [Member] | |||||||
Account Value [Line Items] | |||||||
Line Graph and Table Measure Name | S&P Global REIT (US Dollar) Net Total Return | ||||||
Account Value | $ 11,687 | $ 11,120 | $ 11,466 | $ 12,827 | $ 9,514 | $ 11,314 | $ 10,397 |
Shareholder Report, Average Ann
Shareholder Report, Average Annual Return (Details) | 12 Months Ended | 60 Months Ended | 80 Months Ended |
Jun. 30, 2024 | Jun. 30, 2024 | Jun. 30, 2024 | |
Vert Global Sustainable Real Estate ETF | |||
Average Annual Return [Line Items] | |||
Line Graph and Table Measure Name | Vert Global Sustainable Real Estate ETF NAV | ||
Average Annual Return, Percent | 11.41% | 1.42% | 2.33% |
Vert Global Sustainable Real Estate ETF Market [Member] | |||
Average Annual Return [Line Items] | |||
Line Graph and Table Measure Name | Vert Global Sustainable Real Estate ETF Market | ||
Average Annual Return, Percent | 11.56% | 1.44% | 2.35% |
MSCI ACWI Net Total Return Index (USD) [Member] | |||
Average Annual Return [Line Items] | |||
Line Graph and Table Measure Name | MSCI ACWI Net Total Return Index (USD) | ||
Average Annual Return, Percent | 19.38% | 10.76% | 9.38% |
S&P Global REIT (US Dollar) Net Total Return [Member] | |||
Average Annual Return [Line Items] | |||
Line Graph and Table Measure Name | S&P Global REIT (US Dollar) Net Total Return | ||
Average Annual Return, Percent | 5.10% | 0.65% | 2.37% |
Shareholder Report, Holdings (D
Shareholder Report, Holdings (Details) - Vert Global Sustainable Real Estate ETF | Jun. 30, 2024 |
Digital Realty Trust, Inc. [Member] | |
Holdings [Line Items] | |
Percent of Net Asset Value | 5.10% |
Welltower, Inc. [Member] | |
Holdings [Line Items] | |
Percent of Net Asset Value | 5.10% |
Simon Property Group, Inc. [Member] | |
Holdings [Line Items] | |
Percent of Net Asset Value | 5% |
Prologis, Inc. [Member] | |
Holdings [Line Items] | |
Percent of Net Asset Value | 5% |
American Tower Corp. [Member] | |
Holdings [Line Items] | |
Percent of Net Asset Value | 4.90% |
Equinix, Inc. [Member] | |
Holdings [Line Items] | |
Percent of Net Asset Value | 4.70% |
Goodman Group [Member] | |
Holdings [Line Items] | |
Percent of Net Asset Value | 4.40% |
Extra Space Storage, Inc. [Member] | |
Holdings [Line Items] | |
Percent of Net Asset Value | 3.60% |
AvalonBay Communities, Inc. [Member] | |
Holdings [Line Items] | |
Percent of Net Asset Value | 3.20% |
Iron Mountain, Inc. [Member] | |
Holdings [Line Items] | |
Percent of Net Asset Value | 2.90% |
Real Estate [Member] | |
Holdings [Line Items] | |
Percent of Net Asset Value | 99.20% |
Cash & Other [Member] | |
Holdings [Line Items] | |
Percent of Net Asset Value | 0.80% |