CRDT

Simplify Opportunistic Income ETF

$23.39
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Simplify Opportunistic Income ETF (CRDT) seeks to provide current income and capital appreciation.

Overview

ETF tracking Simplify Opportunistic Income ETF

Category Value
Issuer Other
Inception Date 2023-06-27
Market Cap $88.3M
Average Volume N/A
Dividend Yield 5.90%
52-Week Range $23.19 - $25.98
VWAP $23.40

Performance

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Investment Summary

📎 Investment Objective

The Simplify Opportunistic Income ETF (CRDT) seeks to provide current income and capital appreciation.

🎯 Investment Strategy

The fund invests primarily in a diversified portfolio of fixed income securities, including corporate bonds, government bonds, and other debt instruments. The fund's managers aim to identify undervalued securities and opportunistic income-generating strategies to generate returns.

✨ Key Features

  • Actively managed fixed income portfolio focused on generating current income
  • Flexible approach to invest across different fixed income sectors and credit qualities
  • Seeks to provide a balance of income and capital appreciation potential

⚠️ Primary Risks

  • Interest rate risk as bond prices may decline with rising interest rates
  • Credit risk if the issuers of the fund's holdings experience financial difficulties
  • Liquidity risk if certain bond holdings become difficult to trade
  • Potential for higher volatility compared to traditional fixed income funds

👤 Best For

This ETF may be suitable for investors seeking current income and moderate capital appreciation, with a medium-term investment horizon and a moderate risk tolerance. It may be appropriate as a core fixed income allocation or as a complement to a diversified portfolio.