Congress Intermediate Bond ETF

Frequently Asked Questions About CAFX

What does CAFX invest in?

To achieve the highest possible overall return, the Congress Intermediate Bond ETF chiefly directs its investments into superior, highly-rated debt instruments. This strategy also prioritizes safeguarding the initial capital and ensuring funds remain readily available.

What is the expense ratio of CAFX?

Congress Intermediate Bond ETF (CAFX) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

What is CAFX's dividend yield?

CAFX's trailing-twelve-month yield is 4.14%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of CAFX?

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

What is the credit quality of CAFX?

CAFX'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 CAFX?

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