FolioBeyond Enhanced Fixed Income Premium ETF

Frequently Asked Questions About FIXP

What does FIXP invest in?

The fund is an actively managed exchange-traded fund (“ETF”) that seeks to generate current income and long-term capital appreciation by investing in a portfolio of ETFs representing certain sectors of the fixed-income market (“Bond Sector ETFs”), both directly and indirectly through option overlays. The fund uses the FolioBeyond Fixed Income Model (the “FB Model”) to select its Bond Sector ETFs.

What is the expense ratio of FIXP?

FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) charges an expense ratio of 1.07%. This is the annual fee deducted from fund assets to cover management and operations.

What is FIXP's dividend yield?

FIXP's trailing-twelve-month yield is 5.27%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of FIXP?

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

What is the credit quality of FIXP?

FIXP'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 FIXP?

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