XFIX

F/m Opportunistic Income ETF

$51.95
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The F/m Opportunistic Income ETF (XFIX) seeks to provide current income and capital appreciation by investing in a diversified portfolio of fixed-income securities.

Overview

ETF tracking F/m Opportunistic Income ETF

Category Value
Issuer Other
Inception Date 2023-09-06
Market Cap $36.9M
Average Volume N/A
Dividend Yield 4.55%
52-Week Range $50.59 - $52.72
VWAP $52.00

Performance

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Investment Summary

📎 Investment Objective

The F/m Opportunistic Income ETF (XFIX) seeks to provide current income and capital appreciation by investing in a diversified portfolio of fixed-income securities.

🎯 Investment Strategy

The ETF employs a flexible, opportunistic approach to fixed-income investing, allocating assets across various sectors and credit qualities based on the portfolio managers' views on economic and market conditions. The fund may invest in investment-grade and high-yield bonds, as well as other debt instruments, to generate income and potential capital gains.

✨ Key Features

  • Actively managed fixed-income ETF with a focus on generating current income
  • Flexible allocation across different fixed-income sectors and credit qualities
  • Seeks to provide a balance of current income and capital appreciation
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Interest rate risk: The fund's holdings may decline in value when interest rates rise
  • Credit risk: The fund is exposed to the risk of default or deterioration in the credit quality of its bond holdings
  • Liquidity risk: Some of the fund's investments may be difficult to sell at the desired time and price
  • Sector concentration risk: The fund's performance may be more volatile due to its focus on specific sectors or industries

👤 Best For

The F/m Opportunistic Income ETF may be suitable for investors seeking a flexible, actively managed fixed-income solution that aims to provide current income and the potential for capital appreciation. This ETF may be appropriate for investors with a moderate risk tolerance and a medium-term investment horizon.