Infrastructure Capital Bond Income ETF

Frequently Asked Questions About BNDS

What does BNDS invest in?

The Infrastructure Capital Bond Income ETF primarily seeks to generate substantial ongoing income. A secondary aim for the fund is to strategically pursue growth in its asset value, achieved mainly through investments in fixed-income instruments.

What is the expense ratio of BNDS?

Infrastructure Capital Bond Income ETF (BNDS) charges an expense ratio of 0.88%. This is the annual fee deducted from fund assets to cover management and operations.

What is BNDS's dividend yield?

BNDS's trailing-twelve-month yield is 8.64%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BNDS?

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

What is the credit quality of BNDS?

BNDS'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 BNDS?

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