IBD

Inspire Corporate Bond ETF

$24.09

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Inspire Corporate Bond ETF (IBD) seeks to provide current income and capital preservation by investing in a diversified portfolio of investment-grade corporate bonds.

Overview

ETF tracking Inspire Corporate Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2017-07-11

Market Cap $416.8M

Average Volume N/A

Dividend Yield 3.39%

52-Week Range $23.28 - $24.37

VWAP $24.10

Performance

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Investment Summary

📎 Investment Objective

The Inspire Corporate Bond ETF (IBD) seeks to provide current income and capital preservation by investing in a diversified portfolio of investment-grade corporate bonds.

🎯 Investment Strategy

The fund tracks the Inspire Corporate Bond Impact Index, which is designed to invest in corporate bonds that meet certain environmental, social, and governance (ESG) criteria. The index selects bonds based on factors like business practices, product impact, and alignment with Judeo-Christian values.

✨ Key Features

Focuses on investment-grade corporate bonds with an ESG and faith-based screening process
Aims to provide current income and capital preservation
Passively managed to track the Inspire Corporate Bond Impact Index
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk as bond prices may decline when interest rates rise
Credit risk if the financial condition of the bond issuers deteriorates
Liquidity risk if certain bonds become difficult to trade
ESG and faith-based screening may limit the investment universe

👤 Best For

The Inspire Corporate Bond ETF may be suitable for investors seeking current income and capital preservation through a diversified portfolio of investment-grade corporate bonds that align with their ESG and faith-based values. It may be most appropriate for investors with a medium-term investment horizon and moderate risk tolerance.