Simplify Opportunistic Income ETF

Frequently Asked Questions About CRDT

What does CRDT invest in?

The Simplify Opportunistic Income ETF (CRDT) primarily aims to deliver immediate income, with long-term growth of capital serving as a secondary goal. This actively managed fund employs an opportunistic credit approach, meticulously selecting securities from the high-yield, investment-grade, and distressed debt markets. Its comprehensive investment methodology integrates macroeconomic insights, quantitative analysis, and fundamental research to uncover unique opportunities, striving to generate superior returns (alpha) that enhance the diversification of typical investment portfolios. Asterozoa Capital, an alternative investment specialist, acts as the sub-advisor, bringing expertise in opportunistic investing across various levels of a company's capital structure, with a strong focus on mitigating risks and reducing correlations through careful portfolio design and hedging techniques.

What is the expense ratio of CRDT?

Simplify Opportunistic Income ETF (CRDT) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.

What is CRDT's dividend yield?

CRDT's trailing-twelve-month yield is 6.21%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of CRDT?

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

What is the credit quality of CRDT?

CRDT'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 CRDT?

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