| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
CliftonLarsonAllen Wealth Advisors CliftonLarsonAllen Wealth Advisors LLC | 277,875 | $7.03M | $7.06M | $26,252.85 | 0.37% |
Jeff Ameen Spire Wealth Management | 1,527 | $38,602.56 | $38,801.07 | $198.51 | 0.51% |
| KB Kristina Bentzen Paradigm, Strategies in Wealth Management LLC | 8,814 | $223,434.9 | $223,787.46 | $352.56 | 0.16% |
| NW Nancy Williamson Helen Stephens Group LLC | 48,587 | $1.24M | $1.23M | -$2,944.37 | -0.24% |
| WCP Wick Capital Partners LLC Wick Capital Partners LLC | 124,430 | $3.17M | $3.16M | -$5,021.48 | -0.16% |
| BATS Exchange | US Country |
The referenced index is a financial tool designed to track the performance of investment-grade, tax-exempt U.S. municipal bonds that meet specific criteria set forth by S&P Dow Jones Indices LLC. Notably, this index distinguishes itself by excluding callable bonds due before 2027 and exclusively incorporating non-callable bonds that mature in 2027. The investment strategy closely linked to this index ensures that a minimum of 80% of assets are allocated towards securities that are components of the said index. Additionally, it commits to investing at least 90% of its assets in fixed income securities that are of the type included within the underlying index, underscoring a strong focus on tax-exempt municipal bonds as the vehicle for investors' potential returns.
This product offers investors the opportunity to invest in U.S. municipal bonds that have been designated as investment-grade, indicating a low risk of default. Such bonds provide tax-exempt income, appealing to investors seeking to minimize their taxable income. This specific focus on non-callable bonds maturing in 2027 further aims to provide a balance of return and security over a defined period.
By dedicating at least 90% of its assets to fixed income securities included in the underlying index, this fund caters to investors looking for predictable returns and lower risk compared to equity investments. The fixed income securities encompassed within the fund's portfolio are chosen based on their inclusion in the index, ensuring alignment with the index's performance objectives and risk profile.