TUSB

Thrivent Ultra Short Bond ETF

$50.47

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The Thrivent Ultra Short Bond ETF (TUSB) seeks to provide a high level of current income consistent with preservation of capital.

Overview

ETF tracking Thrivent Ultra Short Bond ETF

Category Inverse

Issuer Other

Inception Date 2025-02-19

Market Cap $176.6M

Average Volume N/A

Dividend Yield 2.82%

52-Week Range $50.03 - $50.61

VWAP $50.46

Performance

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Investment Summary

📎 Investment Objective

The Thrivent Ultra Short Bond ETF (TUSB) seeks to provide a high level of current income consistent with preservation of capital.

🎯 Investment Strategy

TUSB invests primarily in a diversified portfolio of investment-grade fixed-income securities with short-term maturities. The fund aims to maintain a weighted average effective duration of one year or less.

✨ Key Features

Focuses on ultra-short duration fixed-income securities to limit interest rate risk
Seeks to provide higher yields than traditional money market funds while maintaining low volatility
Actively managed portfolio to take advantage of opportunities in the short-term bond market
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 issuers defaulting on their debt obligations
Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
Active management risk: The fund's performance could trail that of similar funds if the manager's investment decisions are not successful

👤 Best For

TUSB may be suitable for investors seeking a low-risk, low-volatility fixed-income investment to complement a diversified portfolio. It could be particularly useful for investors with a short-term investment horizon or those looking to park cash in a higher-yielding alternative to traditional money market funds.