BATS | ETF
To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the underlying index.
The index is designed to track rules-based, quantitative strategy that seeks to provide current income and capital preservation by flexibly allocating across a diversified mix of fixed income categories which are derived from a universe of fixed income asset groups.
Top 12 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| CJNK | SPDR ICE BofAML Broad High Yield Bond ETF | 22.72% | ||
| IGOV | iShares International Treasury Bond ETF | 20.05% | ||
| EMB | iShares J.P. Morgan USD Emerging Markets Bond ETF | 19.97% | ||
| HYG | iShares Trust - iShares iBoxx $ High Yield Corporate Bond ETF | 19.91% | ||
| SHYG | iShares Trust - iShares 0-5 Year High Yield Corporate Bond ETF | 19.88% | ||
| CMBS | iShares CMBS ETF | 19.87% | ||
| USHY | iShares Broad USD High Yield Corporate Bond ETF | 19.29% | ||
| HYLB | Xtrackers USD High Yield Corporate Bond ETF | 14.74% | ||
| JNK | SPDR Series Trust - SPDR Bloomberg Barclays High Yield Bond ETF | 7.33% | ||
| SJNK | SPDR® Bloomberg Short Term High Yield Bond ETF | 5.42% | ||
| FALN | iShares Fallen Angels USD Bond ETF | 4.76% | ||
| ANGL | VanEck Fallen Angel High Yield Bond ETF | 4.70% |