BATS | ETF
The fund is an actively managed exchange traded fund ("ETF") that seeks to achieve its investment objective by investing in a combination of fixed income ETFs ("underlying funds").
The underlying funds in which the fund invests each primarily invest in (1) corporate bonds ofU. S. and foreign issuers (2)U. S. and foreign government securities, and (3) agency and mortgage-backed securities.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| USFR | WisdomTree Floating Rate Treasury Fund | 17.11% | ||
| ZROZ | PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund | 15.69% | ||
| BNDX | Vanguard Total International Bond Index Fund ETF Shares | 15.01% | ||
| WIP | SPDR® FTSE International Government Inflation-Protected Bond ETF | 14.10% | ||
| BNDX | Vanguard Charlotte Funds - Vanguard Total International Bond ETF | 8.83% | ||
| VMBS | Vanguard Mortgage-Backed Securities Index Fund ETF Shares | 7.34% | ||
| EDD | Morgan Stanley Emerging Markets Domestic Debt Closed Fund | Financial Services | Asset Management | 7.07% |
| EMLC | VanEck J.P. Morgan EM Local Currency Bond ETF | 6.81% | ||
| EMLC | VanEck Vectors ETF Trust - VanEck Vectors J.P. Morgan EM Local Currency Bond ETF | 6.77% | ||
| VGSH | Vanguard Scottsdale Funds - Vanguard Short-Term Treasury ETF | 5.53% | ||
| FAX | Aberdeen Asia-Pacific IF Inc | Financial Services | Asset Management | 4.51% |
| ARR | ARMOUR Residential REIT Inc | Real Estate | REIT - Mortgage | 3.37% |
| SABA | Saba Capital Income & Opportunities Fund II | Financial Services | Asset Management | 3.24% |
| GOVZ | iShares 25+ Year Treasury STRIPS Bond ETF | 2.96% | ||
| EDF | Stone Harbor Emerging Markets Income Fund | Financial Services | Asset Management | 2.94% |
| TEI | Templeton Emerging Markets Income Closed Fund | Financial Services | Asset Management | 2.74% |
| XEMD | Bondbloxx ETF Trust - JP Morgan USD Emerging Markets 1-10 Years Bond ETF | 2.50% | ||
| AGNC | AGNC Investment Corp | Real Estate | REIT - Mortgage | 1.99% |
| RITM-PB | Rithm Capital Corp. | Real Estate | REIT - Mortgage | 1.99% |
| EMD | Western Asset Emerging Markets Debt | Financial Services | Asset Management | 1.87% |