Strive Enhanced Income Short Duration Fund (BUXX)

Overview

The fund is a distinctive financial instrument operating as an actively-managed exchange-traded fund (ETF) that specializes in an enhanced cash strategy. It primarily aims to achieve its investment objective by meticulously investing a considerable portion of its assets, specifically at least 80%, in U.S.-dollar denominated investment-grade fixed- and floating-rate bonds, and debt securities. The fund's strategic operation is tailored to adapt under normal circumstances, with a keen focus on maintaining portfolio assets of high quality and liquidity. It differentiates itself by not diversifying its investments, concentrating instead on a select range of debt securities to optimize its returns.

Products and Services

• Investment-Grade Fixed- and Floating-Rate Bonds: These are the backbone of the fund's investment strategy. By allocating at least 80% of its net assets into these debt instruments, the fund aims to secure stable and reliable returns. Fixed-rate bonds offer predictable income through regular interest payments, while floating-rate bonds provide an income that adjusts with market interest rates, offering a hedge against inflation.

• Debt Securities Investment: The fund invests in a variety of debt securities that are denominated in U.S. dollars and are considered investment grade. This ensures that investments are made in securities with a lower risk of default, aligning with the fund’s strategy to provide enhanced cash returns while maintaining a conservative risk profile.

• Short Duration Strategy: In pursuit of its objectives, the fund meticulously aims to maintain a dollar-weighted average maturity of less than two years and a dollar-weighted average duration of less than one year. This strategy is crucial for minimizing the interest rate risk, making the fund an attractive option for investors looking for lower-risk investments in the fixed-income category.