VETZ

Academy Veteran Bond ETF

$20.05

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Academy Veteran Bond ETF (VETZ) seeks to provide investment exposure to a portfolio of fixed-income securities issued by the U.S. government and government agencies, with a focus on supporting veteran-owned businesses and initiatives.

Overview

ETF tracking Academy Veteran Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2023-08-02

Market Cap $80.7M

Average Volume N/A

Dividend Yield 4.92%

52-Week Range $19.31 - $20.25

VWAP $20.06

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

VETZ invests primarily in U.S. Treasury bonds, government agency bonds, and other fixed-income instruments. The fund's portfolio is constructed to align with its objective of supporting veteran-owned enterprises and veteran-focused programs, while maintaining a low-risk, high-quality fixed-income profile.

✨ Key Features

Focuses on fixed-income securities issued by the U.S. government and government agencies
Aims to support veteran-owned businesses and veteran-focused initiatives through its investment strategy
Seeks to provide a low-risk, stable investment option for investors
Expense ratio of 0.00%, making it a potentially cost-effective fixed-income investment

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline as interest rates rise
Credit risk: The fund is exposed to the risk of default or downgrade of the underlying government-issued securities
Liquidity risk: The fund may experience difficulty in buying or selling certain securities, which could affect its performance
Concentration risk: The fund's focus on veteran-related investments may result in a more concentrated portfolio compared to broader fixed-income funds

👤 Best For

The Academy Veteran Bond ETF may be suitable for investors seeking a low-risk, fixed-income investment option that aligns with supporting veteran-owned businesses and initiatives. It may be particularly appealing to investors with a long-term investment horizon and a desire to contribute to veteran-focused causes through their investment portfolio.