Advent Convertible Bond ETF

Frequently Asked Questions About ACVT

What does ACVT invest in?

The RBB Fund Trust functions as an investment management entity, formally established and regulated according to the Investment Company Act of 1940. It provides an overarching structure, facilitating the operation of multiple exchange-traded funds (ETFs), each managed by separate investment advisory firms.

What is the expense ratio of ACVT?

Advent Convertible Bond ETF (ACVT) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.

What is ACVT's dividend yield?

ACVT's trailing-twelve-month yield is 1.54%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of ACVT?

Effective duration measures ACVT's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ACVT's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of ACVT?

ACVT's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of ACVT?

Yield to maturity (YTM) is the total return you'd earn from ACVT if every bond in the portfolio is held to maturity at the current price. ACVT's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.