VETZAcademy Veteran Bond ETF

Get income2y track recordRanked #793 of 1,622 in this goal

Seeks to generate current income.

By Academy Asset Management · Launched 2023

Annual Cost

0.35%

#1,706 of 5,562 · low cost

Fund Size

$113M

#2,815 of 5,562 · mid-size

Dividend YieldGoal

6.16%

Track Record

2 years

#3,097 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,631+6.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 24.3% of fund✓ well diversified

Ginnie Mae II Pool

3.3%

Ginnie Mae II Pool

2.8%

Ginnie Mae II Pool

2.8%

Small Business Administration Pools

2.5%

Ginnie Mae II Pool

2.4%

Small Business Administration Pools

2.3%

Ginnie Mae II Pool

2.1%

Ginnie Mae II Pool

2.1%

Ginnie Mae II Pool

2.1%

Ginnie Mae II Pool

1.9%

Asset allocation

Bonds

98.3%

Cash

1.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.7%Low

Year-on-year price swings

Max drawdown

-5.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

3.8 years

Avg maturity

9.3 years

Credit ratings

AAA

1.9%

98.1%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to generate current income.
Strategy: Invests primarily in fixed income securities backed by loans to U.S. service members, veterans, and their survivors, including MBS from GSEs like Ginnie Mae, Fannie Mae, and Freddie Mac. The Fund may also invest in SBA-backed loans and other investment-grade securities. Uses a bottom-up approach to select securities, and may hold cash equivalents or enter into repurchase agreements.
Inception date: August 1, 2023
Fund family: Academy Asset Management