ETF overview
STBF is the first ETF to be offered by PT Asset Management. The fund utilizes an actively managed, value-oriented strategy to seek investments with superior risk-reward characteristics in terms of price, interest rate sensitivity, and credit quality. The fund may invest in a broad range of fixed-income securities including US government bonds, corporate obligations, mortgage-backed and asset-backed securities, inverse floaters, collateralized debt obligations, zero-coupon bonds, and cash. The fund adviser builds the portfolio with an initial target dollar-weighted average duration of 4 years or less. The fund primarily holds investment grade securities, but it may invest up to 30% of its assets in below investment grade securities. The fund may utilize derivatives to gain exposure and hedge risks. The fund adviser evaluates new investments, sectors, and allocations on a daily basis. Due to the fund's strategy, it may engage in active and frequent trading.
Fund facts
- Expense ratio
- 0.65%
- Fund assets
- 127.43M USD (all share classes)
- Issuer
- Performance Trust
- Inception date
- Apr 8, 2024
- Number of holdings
- 308
Breakdown
Holdings (308)
| Name | Ticker | Weight |
|---|---|---|
| United States Treasury Note/Bond 4.75% 09/30/2028 | 12.55% | |
| United States Treasury Note/Bond 4.375% 09/15/2029 | 11.78% | |
| First American Government Obligations Fund 12/01/2031 | 1.64% | |
| United States Treasury Note/Bond 4% 05/31/2028 | 1.16% | |
| United States Treasury Note/Bond 3.75% 05/15/2028 | 1.16% | |
| GLS Auto Select Receivables Trust 2024-3 5.92% 08/15/2030 | 0.79% | |
| Palmer Square Loan Funding 2026-2 Ltd 0% 01/15/2035 | 0.78% | |
| Magnetite XXIII Ltd 5.1602% 01/25/2035 | 0.78% | |
| Santander Drive Auto Receivables Trust 5.6% 08/16/2032 | 0.78% | |
| United States Treasury Note/Bond 4.125% 06/30/2028 | 0.78% | |
| and 295 more | ||
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.65%
- Fund assets
- 127.43M USD (all share classes)
- Issuer
- Performance Trust
- Inception date
- Apr 8, 2024
- Number of holdings
- 308
| Name | Ticker | Weight |
|---|---|---|
| United States Treasury Note/Bond 4.75% 09/30/2028 | 12.55% | |
| United States Treasury Note/Bond 4.375% 09/15/2029 | 11.78% | |
| First American Government Obligations Fund 12/01/2031 | 1.64% | |
| United States Treasury Note/Bond 4% 05/31/2028 | 1.16% | |
| United States Treasury Note/Bond 3.75% 05/15/2028 | 1.16% | |
| GLS Auto Select Receivables Trust 2024-3 5.92% 08/15/2030 | 0.79% | |
| Palmer Square Loan Funding 2026-2 Ltd 0% 01/15/2035 | 0.78% | |
| Magnetite XXIII Ltd 5.1602% 01/25/2035 | 0.78% | |
| Santander Drive Auto Receivables Trust 5.6% 08/16/2032 | 0.78% | |
| United States Treasury Note/Bond 4.125% 06/30/2028 | 0.78% | |
| and 295 more | ||
STBF is the first ETF to be offered by PT Asset Management. The fund utilizes an actively managed, value-oriented strategy to seek investments with superior risk-reward characteristics in terms of price, interest rate sensitivity, and credit quality. The fund may invest in a broad range of fixed-income securities including US government bonds, corporate obligations, mortgage-backed and asset-backed securities, inverse floaters, collateralized debt obligations, zero-coupon bonds, and cash. The fund adviser builds the portfolio with an initial target dollar-weighted average duration of 4 years or less. The fund primarily holds investment grade securities, but it may invest up to 30% of its assets in below investment grade securities. The fund may utilize derivatives to gain exposure and hedge risks. The fund adviser evaluates new investments, sectors, and allocations on a daily basis. Due to the fund's strategy, it may engage in active and frequent trading.
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