FFIU

UVA Unconstrained Medium-Term Fixed Income ETF

$22.42
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The UVA Unconstrained Medium-Term Fixed Income ETF (FFIU) seeks to provide total return through a diversified portfolio of medium-term fixed income securities.

Overview

ETF tracking UVA Unconstrained Medium-Term Fixed Income ETF

Category Mid Cap
Issuer Other
Inception Date 2017-08-21
Market Cap $56.1M
Average Volume N/A
Dividend Yield 3.86%
52-Week Range $20.84 - $23.01
VWAP $22.55

Performance

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Investment Summary

📎 Investment Objective

The UVA Unconstrained Medium-Term Fixed Income ETF (FFIU) seeks to provide total return through a diversified portfolio of medium-term fixed income securities.

🎯 Investment Strategy

The fund invests primarily in a broad range of medium-term investment grade fixed income securities, including government, corporate, and securitized bonds. The portfolio is actively managed with the goal of generating consistent returns while maintaining a moderate level of interest rate risk.

✨ Key Features

  • Actively managed portfolio of medium-term investment grade fixed income securities
  • Seeks to provide total return through income and capital appreciation
  • Aims to maintain a moderate duration profile to manage interest rate risk
  • Diversified exposure across government, corporate, and securitized bonds

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline when interest rates rise
  • Credit risk: The fund is exposed to the risk of default by the issuers of the fixed income securities
  • Liquidity risk: Some fixed income securities may be difficult to sell, especially during 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 diversified fixed income investment with a moderate risk profile and a focus on total return. It may be appropriate as a core fixed income holding or as a complement to a broader investment portfolio.