Performance Trust Short Term Bond ETFPerformance Trust Short Term Bond ETFPerformance Trust Short Term Bond ETF

Performance Trust Short Term Bond ETF

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Key stats


Assets under management (AUM)
‪31.57 M‬USD
Fund flows (1Y)
‪17.78 M‬USD
Dividend yield (indicated)
5.10%
Discount/Premium to NAV
0.2%
Shares outstanding
‪1.24 M‬
Expense ratio
0.65%

About Performance Trust Short Term Bond ETF


Issuer
PTAM Holdings LLC
Brand
Performance Trust
Home page
Inception date
Apr 9, 2024
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
PT Asset Management LLC (Illinois)
Distributor
ALPS Distributors, Inc.
ISIN
US89834G5707
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.

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

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Short-term
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Securitized
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.
STBF trades at 25.47 USD today, its price has fallen −0.08% in the past 24 hours. Track more dynamics on STBF price chart.
STBF net asset value is 25.45 today — it's risen 0.24% 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.
STBF assets under management is ‪31.57 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.
STBF price has fallen by −0.16% over the last month, and its yearly performance shows a 0.83% increase. See more dynamics on STBF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.24% over the last month, showed a 1.78% increase in three-month performance and has increased by 5.52% in a year.
STBF fund flows account for ‪17.78 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.
STBF invests in bonds. See more details in our Analysis section.
STBF expense ratio is 0.65%. 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, STBF 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, STBF 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 STBF shows the buy signal. See more of STBF technicals for a more comprehensive analysis.
Yes, STBF pays dividends to its holders with the dividend yield of 5.10%.
STBF trades at a premium (0.17%).
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.
STBF shares are issued by PTAM Holdings LLC
STBF 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.