LODI

AAM SLC Low Duration Income ETF

$25.25
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The AAM SLC Low Duration Income ETF (LODI) seeks to provide current income while maintaining a low duration portfolio.

Overview

ETF tracking AAM SLC Low Duration Income ETF

Category Value
Issuer Other
Inception Date 2024-12-04
Market Cap $68.2M
Average Volume N/A
Dividend Yield 4.26%
52-Week Range $24.85 - $25.48
VWAP $25.26

Performance

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Investment Summary

📎 Investment Objective

The AAM SLC Low Duration Income ETF (LODI) seeks to provide current income while maintaining a low duration portfolio.

🎯 Investment Strategy

The fund invests primarily in investment-grade fixed income securities with a focus on maintaining a low duration profile. The portfolio manager aims to generate income through active security selection and strategic duration management.

✨ Key Features

  • Focuses on investment-grade fixed income securities with a low duration profile
  • Actively managed to generate current income while managing interest rate risk
  • Seeks to provide stability and lower volatility compared to longer-duration bond funds
  • Expense ratio of 0.00%

⚠️ 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 default by the issuers of the fixed income securities
  • Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
  • Concentration risk: The fund may be more susceptible to factors adversely affecting its sector or industry

👤 Best For

This ETF may be suitable for investors seeking current income and lower interest rate sensitivity, such as those in or nearing retirement or with a conservative risk tolerance. However, investors should be aware of the potential risks associated with fixed income investments.