| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,971 | $50,395.08 | $50,477.31 | $82.23 | 0.16% |
CliftonLarsonAllen Wealth Advisors CliftonLarsonAllen Wealth Advisors LLC | 231,642 | $5.9M | $5.94M | $35,112.68 | 0.59% |
| TCL Therese C.D. Linden Bank of New Hampshire | 1,905 | $48,596.55 | $48,863.25 | $266.7 | 0.55% |
| NW Nancy Williamson Helen Stephens Group LLC | 48,182 | $1.24M | $1.23M | -$1,606.73 | -0.13% |
| WCP Wick Capital Partners LLC Wick Capital Partners LLC | 104,047 | $2.67M | $2.67M | -$2,601.18 | -0.1% |
| BATS Exchange | US Country |
The fund focuses on investment strategies that prioritize investment-grade tax-exempt U.S. municipal bonds. By directing at least 80% of its assets towards the securities that comprise its underlying index, the fund ensures a consistent alignment with the performance and risk profile of its benchmark. Additionally, a significant majority (at least 90%) of its assets are allocated to various types of fixed income securities, underscoring its commitment to delivering stable and predictable returns. The fund takes a meticulous approach towards its portfolio composition, selecting non-callable bonds that are maturing in 2026 and strategically reducing exposure to callable bonds before the same year. This not only mitigates prepayment risk but also reinforces the fund's focus on stability and reliability in the dynamic bond market.
This service emphasizes investment in the component securities of the underlying index, ensuring that the fund's portfolio closely mirrors the index's performance and risk characteristics. By allocating at least 80% of its assets to these securities, the fund seeks to achieve a high level of congruence with its benchmark, promising investors a clear and focused investment strategy.
Dedication to fixed income securities is evident in the fund's strategic allocation of at least 90% of its assets to bonds and similar types of fixed income instruments. This commitment not only underscores the fund's objective of providing stable and predictable returns but also reflects its conservative posture in the diverse universe of investment opportunities. The targeted investment in investment-grade tax-exempt, U.S. municipal bonds further narrows the focus, offering a refined and precise investment avenue.
To safeguard against the uncertainties of bond callable features before 2026, the fund implements a defensive strategy by reducing exposure to these securities. This tactic is designed to protect the fund's performance against the potential adverse effects of early bond repayments, thereby stabilizing its return profile and making it an attractive option for investors seeking reliability.
As part of its targeted investment approach, the fund specifically focuses on non-callable bonds maturing in 2026. This unique focus allows for a concentrated investment in bonds with a predetermined life span, eliminating the risk of early redemption and providing a predictable cash flow and return trajectory. This strategy appeals to investors looking for certainty in their bond investments and underscores the fund's meticulous approach to bond selection.