Key stats
About F/m Opportunistic Income ETF
Expense ratio
0.39%
Home page
Inception date
Sep 6, 2023
XFIX aims to maximize total return, income generation, and capital appreciation through a value-based, unconstrained approach to investing in the US fixed-income market. It looks for undervalued government, corporate, and municipal debt securities, convertibles, commercial papers, mortgage- or asset-backed, preferred stocks, and cash equivalents. Positions are opportunistically initiated in response to changing market dynamics, political shifts, economic trends, interest rate changes, and credit risk analysis. However, during challenging markets, it may temporarily adopt a defensive position, resulting in limitless allocations to cash and prime cash equivalents. The fund invests in securities of any maturity and credit quality, with non-investment grades capped at 20%. The fund may enter lending transactions for additional income. Derivatives may also be used to enhance returns. Holdings are sold for more attractive securities or when the portfolio requires repositioning.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Stocks9.95%
Finance9.95%
Bonds, Cash & Other90.05%
Corporate87.82%
Cash1.75%
Municipal0.48%
Top 10 holdings
Dividends
Dividend payout history