Key stats
About ClearShares Piton Intermediate Fixed income ETF
Expense ratio
0.45%
Home page
Inception date
Oct 2, 2020
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.
Classification
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government63.00%
Corporate32.69%
Mutual fund1.30%
Municipal1.26%
Miscellaneous1.05%
Cash0.70%