| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| KMT Kirk M. Tokheim Ameritas Advisory Services LLC | 30,163 | $1.52M | $1.52M | $1,809.78 | 0.12% |
| JP Jaimie Palmer Beacon Capital Management LLC | 7,165 | $360,805.94 | $361,116 | $310.06 | 0.09% |
| LA Loni Adams Daymark Wealth Partners LLC | 40,697 | $2.05M | $2.05M | -$258.51 | -0.01% |
| ARCA Exchange | US Country |
The described fund is designed to provide an investment opportunity focused on municipal bonds. These bonds are specifically selected for their tax-exempt status, aiming to offer investors a source of income that is free from federal income taxes. It pursues this objective by ensuring that a minimum of 80% of its investable assets are committed to these municipal bonds, across various maturities. It's important to note that the fund's investable assets represent a portion less than the total assets, factoring in any borrowed funds not used for investment purposes but rather for operational needs such as covering anticipated redemptions. As an actively managed exchange-traded fund (ETF), it distinguishes itself by not merely attempting to mirror the performance of a particular index but by applying strategic investment choices aimed at benefiting its investors.
This service focuses on investing a significant portion of the fund's assets in municipal bonds. The primary criteria for these investments are their maturity variability and their federal income tax-exempt status. By targeting these specific bonds, the fund aims to provide a tax-efficient income stream to its investors.
Unlike traditional ETFs that track a specific index, this fund takes an active management approach. This means that investment decisions are made with the goal of outperforming a benchmark, rather than replicating its performance. This strategy allows for more dynamic investment choices and the potential for higher returns, albeit with possibly greater risk.