BrandywineGlobal U.S. Fixed Income ETF (USFI)
NASDAQ (NGS) NASDAQ (NGS) Primary Summary
USFI Chart
Brandywine GLOBAL – U.S. Fixed Income ETF (NASDAQ:USFI) Short Interest Update
Brandywine GLOBAL - U.S. Fixed Income ETF (NASDAQ: USFI - Get Free Report) was the target of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 5,693 shares, a decrease of 16.4% from the February 12th total of 6,811 shares. Approximately 1.0% of the shares of the stock
BrandywineGlobal U.S. Fixed Income ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Rajiv Shah KINGSWOOD WEALTH ADVISORS, LLC | 18,164 | $447,652 | $443,201.6 | -$4,450.4 | -0.99% |
BrandywineGlobal U.S. Fixed Income ETF (USFI) FAQ
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BrandywineGlobal U.S. Fixed Income ETF Profile
| NASDAQ (NGS) Exchange | US Country |
Overview
USFI stands as a prominent entity in the investment landscape, concentrating on a varied spectrum within the USD-denominated, investment grade fixed income arena. The fund's strategy is anchored in an active duration management approach, without imposing a maturity limit yet aiming to sustain a dollar-weighted average portfolio duration between 1 and 10 years. By targeting undervalued securities with a value-oriented methodology, USFI aspires for total return. This process intricately weaves top-down macroeconomic analyses with bottom-up fundamental research, giving the fund crucial insights into geopolitical and demographic trends. Furthermore, USFI employs an active trading strategy, including the use of derivatives like U.S. Treasury futures and credit default swaps, in pursuit of enhancing returns, augmenting liquidity, and hedging risks inherent to its investment activities.
Products and Services
- Mortgage- and Asset-Backed Securities
- Municipal and Corporate Bonds
- Convertibles and Non-Convertibles
- Bankers Acceptances, Deposit Certs, and Commercial Papers
- Derivatives (U.S. Treasury Futures and Credit Default Swaps)
- Collateralized Loan Obligations (CLOs), Cash, and Cash Equivalents
These are types of fixed income securities backed by a pool of mortgages or other financial assets. By including these in its portfolio, USFI aims to benefit from the predictable cash flows and potential for yield enhancement relative to other fixed income assets.
USFI invests in bonds issued by municipalities and corporations. Municipal bonds offer tax-advantaged income, while corporate bonds are primarily sought for their yield potential, contributing to the fund's income generation capabilities and diversification.
The fund incorporates convertible bonds, which can be converted into a predetermined amount of the issuer's equity, offering both the fixed income benefits of bonds and the upside potential of stocks. Non-convertible bonds provide a fixed return, bolstering the stability of the portfolio.
These short-term debt instruments are included for their liquidity and relatively lower risk. Bankers acceptances and deposit certificates (certs) are used for managing short-term cash needs, while commercial papers add to the fund's yield through short-term unsecured promissory notes issued by companies.
Derivatives are leveraged instruments that derive their value from an underlying asset. USFI employs U.S. Treasury futures to hedge interest rate risk and credit default swaps to manage credit risk, contributing to risk management and potential returns enhancement.
The inclusion of CLOs provides exposure to a pool of corporate loans, which can offer higher yields compared to other fixed-income securities. Cash and cash equivalents are held to manage liquidity effectively, enabling the fund to respond swiftly to market opportunities or needs.
