STBF

Performance Trust Short Term Bond ETF

$25.38

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Performance Trust Short Term Bond ETF (STBF) seeks to provide current income while maintaining a short-term duration profile.

Overview

ETF tracking Performance Trust Short Term Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2024-04-09

Market Cap $19.3M

Average Volume N/A

Dividend Yield 4.16%

52-Week Range $25.03 - $25.59

VWAP $25.39

Performance

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Investment Summary

📎 Investment Objective

The Performance Trust Short Term Bond ETF (STBF) seeks to provide current income while maintaining a short-term duration profile.

🎯 Investment Strategy

The ETF invests primarily in a diversified portfolio of short-term investment grade fixed income securities, including U.S. government bonds, corporate bonds, and mortgage-backed securities. The fund aims to maintain an average portfolio duration of 1-3 years to limit interest rate risk.

✨ Key Features

Focuses on short-term investment grade bonds to generate current income
Maintains a low duration profile to reduce sensitivity to rising interest rates
Diversified portfolio across government, corporate, and mortgage-backed securities
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 bond issuers defaulting on payments
Liquidity risk: Less liquid bonds may be difficult to sell at an optimal price
Reinvestment risk: Coupon payments may need to be reinvested at lower yields

👤 Best For

This ETF may be suitable for investors seeking current income and lower interest rate risk compared to longer-duration bond funds. It can be used as a conservative, low-volatility component within a diversified portfolio.