BUXX
Strive Enhanced Income Short Maturity ETF
📎 Investment Objective
The Strive Enhanced Income Short Maturity ETF (BUXX) seeks to provide current income while maintaining a short duration portfolio.
Overview
ETF tracking Strive Enhanced Income Short Maturity ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Strive Enhanced Income Short Maturity ETF (BUXX) seeks to provide current income while maintaining a short duration portfolio.
🎯 Investment Strategy
The fund invests primarily in a diversified portfolio of short-term fixed income securities, including U.S. government bonds, corporate bonds, and other debt instruments. The portfolio is actively managed to maintain an average effective duration of less than 3 years.
✨ Key Features
- Focuses on short-term, high-quality fixed income securities to generate current income
- Actively managed portfolio with an average effective duration of less than 3 years
- Aims to provide a higher level of income compared to traditional short-term bond funds
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Interest rate risk: The value of the fund's holdings may decline if interest rates rise
- Credit risk: The fund is exposed to the risk of default by the issuers of the debt securities it holds
- Liquidity risk: The fund may have difficulty selling certain securities, particularly in times of market stress
- Reinvestment risk: When interest rates fall, the fund may have to reinvest coupon payments or proceeds from sales of securities at lower rates
👤 Best For
This ETF may be suitable for investors seeking a conservative, short-term fixed income investment that can provide a higher level of current income compared to traditional money market or short-term bond funds. It may be particularly attractive for investors with a low risk tolerance or a shorter investment horizon.