Key stats
About Simplify Exchange Traded Funds Simplify Opportunistic Income ETF
Expense ratio
0.50%
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Inception date
Jun 26, 2023
CRDT builds an income-producing portfolio using fundamental, bottom-up research to provide current income and long-term capital appreciation, secondarily. The fund has a long leash, holding investment-grade and high-yield, as well as distressed securities, capped at 15%. Investments have a wide range of fixed-income securities, including US and foreign corporate bonds and preferred stocks, bank loans, and US treasury bonds of different maturities, durations, and quality requirements. Emerging markets investments and holdings rated as CCC and below are capped at 10%. The fund may use derivatives, such as US treasury futures contracts, swap agreements, swaptions, and credit default swaps to hedge interest rates or default risk exposure. At the sub-adviser's discretion, portfolio adjustment may occur based on declining prospects, asset reallocation, or more attractive risk-return opportunities.
Classification
What's in the fund
Exposure type
Cash
Corporate
Government
Securitized
Stocks12.61%
Finance7.32%
Consumer Services0.81%
Utilities0.77%
Communications0.67%
Bonds, Cash & Other87.39%
Cash33.26%
Corporate32.44%
Government24.52%
Securitized18.61%
ETF8.21%
Mutual fund2.15%
Futures0.08%
Miscellaneous−31.87%