Key stats
About F/m High Yield 100 ETF
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Inception date
Apr 14, 2025
Structure
Open-Ended Fund
Bloomberg U.S. High Yield Top 100 Quality Select Equal Weighted Index - Benchmark TR Gross
Replication method
Physical
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
F/m Investments LLC
Distributor
Quasar Distributors LLC
ISIN
US74933W1971
ZTOP is passively managed, offering exposure to the 100 largest issuers of USD-denominated, below-investment-grade corporate bonds. One bond per issuer is selected based on market capitalization, credit quality, coupon, and recency of issuance, with each holding equally weighted and subject to a 3% cap. The index excludes issuers from emerging markets and filters out less liquid or complex structures such as pay-in-kind (PIK) and zero-coupon bonds. Investments may include affiliated and unaffiliated ETFs and cash. The fund may enter into reverse repurchase agreements not exceeding one-third of assets. The fund may also participate in securities lending, with loans fully collateralized by cash, US government securities, or irrevocable letters of credit. Index reconstitution and rebalancing occur monthly.
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
Bonds, Cash & Other100.00%
Corporate97.29%
Cash2.71%
Stock breakdown by region
North America93.91%
Europe3.05%
Asia2.03%
Oceania1.01%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZTOP last dividends amounted to 0.26 USD. The month before, the issuer paid 0.27 USD in dividends, which shows a 2.51% decrease.
ZTOP assets under management is 18.30 M USD. It's fallen 4.75% over the last month.
ZTOP fund flows account for 17.88 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.
Yes, ZTOP pays dividends to its holders with the dividend yield of 6.36%. The last dividend (Aug 19, 2025) amounted to 0.26 USD. The dividends are paid monthly.
ZTOP shares are issued by 1251 Capital Group, Inc. under the brand F/m. The ETF was launched on Apr 14, 2025, and its management style is Passive.
ZTOP expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
ZTOP follows the Bloomberg U.S. High Yield Top 100 Quality Select Equal Weighted Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZTOP invests in bonds.
ZTOP trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.