Description: The investment seeks to provide a high level of current income. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in a combination of first- and second-lien senior floating rate loans. It may invest up to 20% of its total assets in senior loans made to non-U.S. borrowers, including those located in emerging markets countries, although the advisor intends to invest in only U.S. dollar-denominated loans. The fund is non-diversified.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Bank Loan
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Bond | 97.59 | 0.00 | 97.59 |
| Cash | 5.63 | 3.22 | 2.41 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Asia Emerging | 0.00 | 2.64 |
| Latin America | 0.00 | 1.61 |
| North America | 0.00 | 93.95 |
| United Kingdom | 0.00 | 1.80 |