Key stats
About Sound Enhanced Fixed Income ETF
Expense ratio
2.33%
Home page
Inception date
Dec 30, 2020
FXED relies on the advisors ability to select fixed income securities. The portfolio can contain fixed income securities issued by US and foreign corporations, governments and agencies. The selection process starts by categorizing securities into component groups based on industry, credit rating, duration and security type. The advisor establishes estimates of expected returns for both yield and capital appreciation for each category. Individual securities are selected based on fundamental criteria, taking into account the yield, duration and option adjusted spread as compared to estimates. The portfolio will contain approximately an equal combination of both investment grade and high yield debt securities of any duration. Holdings may also include shares of business development companies (BDCs) and real estate investment trusts (REITs). The advisor monitors the market and fundamental criteria to make buy and sell decisions. Prior to April 03, 2023, the fund traded under the ticker SDEF.
Classification
What's in the fund
Exposure type
Finance
Corporate
Stocks57.80%
Finance51.39%
Utilities4.44%
Communications1.97%
Bonds, Cash & Other42.20%
Corporate26.11%
ETF9.62%
Mutual fund5.88%
Cash0.59%