BATS | ETF
The fund is an actively-managed "fund of funds" and seeks to achieve its investment objective by investing primarily in other investment companies, including other actively managed exchange-traded funds ("ETFs") and index-based ETFs (collectively, "Underlying Investments"), that provide exposure to a broad range of fixed income asset classes.
The fund may also invest in cash, cash equivalents, or money market funds.
Top 6 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| FTSL | First Trust Senior Loan Fund | 19.59% | ||
| CJNK | SPDR ICE BofAML Broad High Yield Bond ETF | 16.81% | ||
| SRLN | SPDR Blackstone Senior Loan ETF | 16.76% | ||
| USHY | iShares Broad USD High Yield Corporate Bond ETF | 16.69% | ||
| SJNK | SPDR® Bloomberg Short Term High Yield Bond ETF | 16.59% | ||
| FGXXX | First American Funds Inc. - Government Obligations Fund | 6.79% |