ActivePassive Core Bond ETF

Frequently Asked Questions About APCB

What does APCB invest in?

This actively managed exchange-traded fund (ETF) utilizes a dual investment approach, blending both active and passive strategies. Its primary objective is to optimize expenses, closely align with its benchmark—the Bloomberg U.S. Aggregate Bond Index—and strive for enhanced returns. Typically, the fund allocates a significant majority, at least 80% of its capital, to high-quality fixed income assets rated investment grade or better. A smaller portion, up to 20% of its net assets, may be invested in higher-yielding, non-investment grade debt securities, often known as "junk bonds."

What is the expense ratio of APCB?

ActivePassive Core Bond ETF (APCB) charges an expense ratio of 0.36%. This is the annual fee deducted from fund assets to cover management and operations.

What is APCB's dividend yield?

APCB's trailing-twelve-month yield is 4.22%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of APCB?

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

What is the credit quality of APCB?

APCB'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 APCB?

Yield to maturity (YTM) is the total return you'd earn from APCB if every bond in the portfolio is held to maturity at the current price. APCB'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.