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 12 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| SPHY | SPDR Portfolio High Yield Bond | 16.94% | ||
| SJNK | SPDR® Bloomberg Short Term High Yield Bond ETF | 16.85% | ||
| FGXXX | First American Funds Inc. - Government Obligations Fund | 16.75% | ||
| CJNK | SPDR ICE BofAML Broad High Yield Bond ETF | 16.59% | ||
| PFF | iShares Preferred and Income Securities ETF | 16.58% | ||
| HYG | iShares Trust - iShares iBoxx $ High Yield Corporate Bond ETF | 16.56% | ||
| JNK | SPDR Series Trust - SPDR Bloomberg Barclays High Yield Bond ETF | 16.55% | ||
| FTSL | First Trust Senior Loan Fund | 16.54% | ||
| SRLN | SPDR Blackstone Senior Loan ETF | 16.54% | ||
| USHY | iShares Broad USD High Yield Corporate Bond ETF | 16.54% | ||
| HYLB | Xtrackers USD High Yield Corporate Bond ETF | 16.53% | ||
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 16.27% |