BATS | ETF
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions.
Through its investments in closed-end funds that hold non-U.S. fixed income securities, the fund may invest indirectly in foreign securities, including securities of issuers located in emerging markets.
Top 20 Holdings
Asset | Name | Sector | Industry | Weight |
---|---|---|---|---|
BILS | SPDR Series Trust - SPDR Bloomberg Barclays 3-12 Month T-Bill ETF | 9.01% | ||
EMD | Western Asset Emerging Markets Debt | Financial Services | Asset Management | 6.74% |
EDD | Morgan Stanley Emerging Markets Domestic Debt Closed Fund | Financial Services | Asset Management | 6.35% |
EAD | Allspring Income Opportunities Fund | Financial Services | Asset Management | 4.68% |
TEI | Templeton Emerging Markets Income Closed Fund | Financial Services | Asset Management | 4.60% |
KIO | KKR Income Opportunities Fund | Financial Services | Asset Management | 4.31% |
FAX | Aberdeen Asia-Pacific IF Inc | Financial Services | Asset Management | 4.30% |
RA | Brookfield Real Assets Income | Financial Services | Asset Management | 4.17% |
LDP | Cohen & Steers Limited Duration Preferred and Income Closed Fund | Financial Services | Asset Management | 3.72% |
FPF | First Trust Intermediate Duration Preferred and Income Closed Fund | Financial Services | Asset Management | 3.71% |
TBIL | Rbb Fund Inc - Us Treasury 3 Month Bill ETF | 3.49% | ||
HIX | Western Asset High Income II Closed Fund | Financial Services | Asset Management | 3.31% |
AGNC | AGNC Investment Corp | Real Estate | REIT - Mortgage | 1.00% |
BTZ | BlackRock Credit Allocation Income Trust | Financial Services | Asset Management | 0.89% |
MHD | BlackRock MuniHoldings Closed Fund | Financial Services | Asset Management | 0.72% |
PDX | PIMCO Energy & Tactical Credit Opps | Financial Services | Asset Management | 0.69% |
CARY | Angel Oak Income ETF | 0.63% | ||
BFK | BlackRock Municipal Income Closed Fund | Financial Services | Asset Management | 0.60% |
ERC | Allspring Multi Sector Income Fund | Financial Services | Asset Management | 0.58% |
BLE | BlackRock MIT II | Financial Services | Asset Management | 0.56% |