Key stats
About Obra High Grade Structured Products ETF
Home page
Inception date
Apr 9, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Obra Fund Management LLC
Distributor
Capital Investment Group, Inc.
ISIN
US84858T8302
OGSP offers global exposure to investment grade securitized products through an active, opportunity-oriented approach. The fund invests across capital structures, maturity, and duration, based on the advisers assessment of market conditions. The portfolio may include asset-backed securities, collateralized debt, mortgage, and loan obligations, agency and non-agency mortgage-backed securities, and other instruments secured by financial, physical, or intangible assets. The portfolio will not focus on specific tranches or asset categories. The adviser uses a combination of fundamental, quantitative, and structural analysis to select holdings. The strategy focuses on evaluating each securitys opportunity for return compared to the potential risk. All portfolio assets are linked to interest or one or more derivatives, which may use leverage. To manage positions or pursue opportunities, the fund will be actively traded, especially during periods of market volatility.
Related funds
Classification
What's in the fund
Exposure type
Securitized
Bonds, Cash & Other100.00%
Securitized98.22%
Mutual fund3.69%
Cash−1.91%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
OGSP trades at 10.07 USD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on OGSP price chart.
OGSP net asset value is 10.08 today — it's risen 0.56% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
OGSP assets under management is 29.50 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
OGSP price has risen by 0.05% over the last month, and its yearly performance shows a −0.26% decrease. See more dynamics on OGSP price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.92% increase in three-month performance and has increased by 4.02% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.92% increase in three-month performance and has increased by 4.02% in a year.
OGSP fund flows account for 3.22 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
OGSP invests in bonds. See more details in our Analysis section.
OGSP expense ratio is 0.91%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, OGSP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, OGSP technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating OGSP shows the strong buy signal. See more of OGSP technicals for a more comprehensive analysis.
Today, OGSP technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating OGSP shows the strong buy signal. See more of OGSP technicals for a more comprehensive analysis.
Yes, OGSP pays dividends to its holders with the dividend yield of 5.96%.
OGSP trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
OGSP shares are issued by Reverence Capital Partners LLC
OGSP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 9, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.