BAMU

Brookstone Ultra-Short Bond ETF

$25.39

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Brookstone Ultra-Short Bond ETF (BAMU) seeks to provide current income consistent with preservation of capital and liquidity.

Overview

ETF tracking Brookstone Ultra-Short Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2023-09-27

Market Cap $72.1M

Average Volume N/A

Dividend Yield 3.42%

52-Week Range $25.13 - $25.47

VWAP $25.39

Performance

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Investment Summary

📎 Investment Objective

The Brookstone Ultra-Short Bond ETF (BAMU) seeks to provide current income consistent with preservation of capital and liquidity.

🎯 Investment Strategy

The fund invests primarily in a diversified portfolio of investment-grade fixed income securities with short-term maturities, such as U.S. government bonds, corporate bonds, and asset-backed securities. The fund aims to maintain a weighted average maturity of one year or less to limit interest rate risk.

✨ Key Features

Focuses on high-quality, short-term fixed income securities to generate current income
Maintains a weighted average maturity of one year or less to reduce interest rate sensitivity
Designed to provide stability and liquidity for investors' cash allocations
Expense ratio of 0.00% makes it a low-cost option for short-term fixed income exposure

⚠️ Primary Risks

Interest rate risk: The fund's value may decline if interest rates rise
Credit risk: The fund is exposed to the risk of issuers defaulting on their debt obligations
Liquidity risk: The fund may have difficulty selling certain securities, especially in stressed market conditions
Concentration risk: The fund may have significant exposure to a particular sector or issuer

👤 Best For

The Brookstone Ultra-Short Bond ETF may be suitable for investors seeking a low-risk, liquid investment for their cash holdings or as a short-term fixed income allocation within a diversified portfolio. It may be particularly appealing to conservative investors or those with a short investment horizon.