Description: The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in floating rate note securities issued by collateralized loan obligations (CLOs) that are rated AAA (or equivalent by a nationally recognized statistical rating organization ("NRSRO")) at the time of purchase. The fund may invest in CLO securities of any maturity. It is non-diversified.
Exchange: BATS
Country: US : United States of America
Currency: US Dollar ($)
Category: Ultrashort Bond
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Bond | 99.23 | 0.00 | 99.23 |
Cash | 1.28 | 0.51 | 0.77 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
United Kingdom | 0.00 | 0.06 |