ClearShares Piton Intermediate Fixed Income ETFClearShares Piton Intermediate Fixed Income ETFClearShares Piton Intermediate Fixed Income ETF

ClearShares Piton Intermediate Fixed Income ETF

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Key stats


Assets under management (AUM)
‪110.47 M‬USD
Fund flows (1Y)
‪410.50 M‬USD
Dividend yield (indicated)
0.94%
Discount/Premium to NAV
−0.02%
Shares outstanding
‪1.15 M‬
Expense ratio
0.45%

About ClearShares Piton Intermediate Fixed Income ETF


Issuer
Deegan Holdings LLC
Brand
ClearShares
Inception date
Oct 1, 2020
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
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
ClearShares LLC
Distributor
Quasar Distributors LLC
ISIN
US26922A1319
PIFI invests in US corporate and government debt obligations, mortgage-backed, commercial mortgage-backed and asset-backed securities as well repurchase agreements collateralized by US debt obligations. The Sub-adviser selects securities both on a top-down macroeconomic approach and on a bottom-up security-level analysis. Macroeconomic factors may include monetary, fiscal, and regulatory policies, market valuations and volatility, inflation, and supply and demand. The portfolio managers combines their assessment of these macroeconomic factors into the teams outlook for interest rates, sector strengths or weaknesses, and liquidity, that will ultimately shape the funds overall risk profile. The average portfolio maturity is targeted at of 0-10 years. Between April 16, 2021 and May 11, 2021, the fund's ticker was BTC.

Broaden your horizons with more funds linked to PIFI via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Intermediate
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Corporate
Stock breakdown by region
100%
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.
PIFI trades at 95.86 USD today, its price has fallen −0.19% in the past 24 hours. Track more dynamics on PIFI price chart.
PIFI net asset value is 95.91 today — it's risen 0.98% 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.
PIFI assets under management is ‪110.47 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.
PIFI price has risen by 0.36% over the last month, and its yearly performance shows a 1.30% increase. See more dynamics on PIFI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.98% over the last month, showed a 2.03% increase in three-month performance and has increased by 3.89% in a year.
PIFI fund flows account for ‪410.50 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.
PIFI invests in bonds. See more details in our Analysis section.
PIFI expense ratio is 0.45%. 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, PIFI 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, PIFI technical analysis shows the buy 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 PIFI shows the buy signal. See more of PIFI technicals for a more comprehensive analysis.
Yes, PIFI pays dividends to its holders with the dividend yield of 0.94%.
PIFI trades at a premium (0.02%).
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.
PIFI shares are issued by Deegan Holdings LLC
PIFI 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 Oct 1, 2020.
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.