- What does APCB invest in?
- The fund is an actively-managed exchange-traded fund (“ETF”) that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund’s benchmark index, the Bloomberg U.S. Aggregate Bond Index (the “underlying index”). Under normal market conditions, the fund will invest at least 80% of its net assets in fixed income securities that are rated investment grade or better and up to 20% of its net assets in high yield debt securities, also known as “junk bonds.”
- What is the expense ratio of APCB?
- ActivePassive Core Bond ETF (APCB) charges an expense ratio of 0.37%. 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 4.76%, 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.
