NASDAQ | ETF
The fund is an actively managed exchange traded fund ("ETF") that is a "fund of funds," meaning that it normally invests at least 80% of its net assets, including any borrowings for investment purposes, in other ETFs that invest in various sectors of the debt markets, including corporate bonds,U. S. government and agency securities, private debt, foreign bonds (including emerging markets), foreign sovereign bonds, convertible securities, Treasury Inflation Protected Securities (TIPS), bank loans, asset-backed securities, mortgage-backed securities, and cash equivalent instruments.
The fund is non-diversified.
Top 18 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| SHV | iShares Short Treasury Bond ETF | 49.40% | ||
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 38.49% | ||
| HYS | PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 26.99% | ||
| PYLD | PIMCO ETF Trust | 25.39% | ||
| BIL | SPDR® Bloomberg 1-3 Month T-Bill ETF | 25.21% | ||
| ANGL | VanEck Fallen Angel High Yield Bond ETF | 24.21% | ||
| HYS | PIMCO ETF Trust - PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 20.03% | ||
| IEF | iShares 7-10 Year Treasury Bond ETF | 20.02% | ||
| BKLN | Invesco Senior Loan ETF | 17.43% | ||
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 12.56% | ||
| TLT | iShares 20+ Year Treasury Bond ETF | 12.30% | ||
| LQD | iShares Trust - iShares iBoxx $ Investment Grade Corporate Bond ETF | 12.28% | ||
| SJNK | SPDR® Bloomberg Short Term High Yield Bond ETF | 10.01% | ||
| JAAA | Janus Detroit Street Trust - Janus Henderson AAA CLO ETF | 9.96% | ||
| HYG | iShares Trust - iShares iBoxx $ High Yield Corporate Bond ETF | 6.31% | ||
| TLT | iShares Trust - iShares 20+ Year Treasury Bond ETF | 4.94% | ||
| SHY | iShares 1-3 Year Treasury Bond ETF | 3.27% | ||
| TBT | ProShares UltraShort 20+ Year Treasury | 2.95% |