| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
KURT TRAULSEN EVOLUTION WEALTH MANAGEMENT INC. | 177,905 | $3.65M | $3.63M | -$27,803.65 | -0.76% |
REAP Financial Group LLC REAP Financial Group LLC | 16,306 | $340,356.06 | $331,988.53 | -$8,367.53 | -2.46% |
| RM Rich Mowrer Brookwood Investment Group LLC | 409,560 | $8.41M | $8.33M | -$80,478.95 | -0.96% |
| BATS Exchange | US Country |
The fund operates as an actively-managed exchange-traded fund (ETF) with a focus on delivering its investment objective through a two-pronged strategy. Initially, it seeks to invest in one or more ETFs targeting the performance of investment-grade, U.S. dollar-denominated, fixed-rate taxable bonds, or directly in the assets these ETFs hold. The secondary approach involves employing a strategy of buying and selling listed short-term put options to generate additional income for the fund. This methodical approach is designed to leverage both the stability of high-quality bonds and the income-generating potential of derivatives to offer a potentially attractive investment option.
The primary service offered involves investing in other ETFs that are focused on investment-grade, U.S. dollar-denominated, fixed-rate taxable bonds. This strategy allows for diversified exposure to the bond market, aiming to capitalize on the safety and consistent returns of high-quality bonds.
Besides investing in bond ETFs, the fund may also choose to invest directly in the securities held by these ETFs. This direct investment approach provides the flexibility to selectively invest in high-potential bonds, potentially enhancing portfolio performance.
To augment its income, the fund engages in the sale and purchase of listed short-term put options. This strategy aims to generate additional income for the fund, enhancing overall returns. The careful selection of options seeks to balance the risk and return effectively.