# Brookmont Catastrophic Bond ETF (ILS): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ils for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Brookmont · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2025-04-01 ILS is the first US-listed exchange-traded fund (ETF) to focus on catastrophe bonds. It offers investors exposure to a unique asset class, often uncorrelated with traditional markets, through an actively managed and globally diversified portfolio of these bonds. Catastrophe bonds, frequently called Cat bonds, are financial instruments designed to shift the monetary burden of natural disasters from insurance companies to capital market investors. This arrangement provides insurers with crucial additional protection, while offering investors the potential for attractive high-yield returns. Th... ## Key Facts | Metric | Value | |---|---| | Price | $20.25 | | Expense Ratio | 2.65% | | Assets Under Management | $126.3M | | NAV | $20.21 | | Holdings Count | 0 | | Distribution Yield (TTM) | 8.01% | | Annual Distribution (TTM) | $1.62 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $19.64 – $20.65 | | Beta | 0.10 | ## Latest Distribution - Amount: $0.4090 /share - Ex-date: 2026-09-23 - Pay date: 2026-09-24 ## Frequently Asked Questions ### What does ILS invest in? ILS is the first US-listed exchange-traded fund (ETF) to focus on catastrophe bonds. It offers investors exposure to a unique asset class, often uncorrelated with traditional markets, through an actively managed and globally diversified portfolio of these bonds. Catastrophe bonds, frequently called Cat bonds, are financial instruments designed to shift the monetary burden of natural disasters from insurance companies to capital market investors. This arrangement provides insurers with crucial additional protection, while offering investors the potential for attractive high-yield returns. The fund exclusively invests in high-yield rated Cat bonds, whose payouts are linked to specific natural disaster "trigger events." These bonds can be issued by a variety of entities, including domestic and international insurers, reinsurers, governments, and special purpose vehicles (SPVs). The fund operates with broad investment flexibility, placing no restrictions on the maturity of its securities, the specific types of natural catastrophes it covers, the geographic regions involved, or the economic or physical loss thresholds for its investments. Investment selection is based on a comprehensive assessment of both qualitative and quantitative factors, such as the nature of the peril, geographical exposure, payout triggers, the issuing entity, and the anticipated risk-adjusted return. ### What is the expense ratio of ILS? Brookmont Catastrophic Bond ETF (ILS) charges an expense ratio of 2.65%. This is the annual fee deducted from fund assets to cover management and operations. ### What is ILS's dividend yield? ILS's trailing-twelve-month yield is 8.01%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of ILS? Effective duration measures ILS's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ILS's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of ILS? ILS'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 ILS? Yield to maturity (YTM) is the total return you'd earn from ILS if every bond in the portfolio is held to maturity at the current price. ILS'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. ### Does ILS pay a dividend? Yes, Brookmont Catastrophic Bond ETF (ILS) distributes dividends to shareholders. The trailing-twelve-month yield is 8.01%. Full dividend history is on this page. ### How often does ILS pay dividends? Brookmont Catastrophic Bond ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is ILS's next ex-dividend date? The most recently announced ex-dividend date for ILS was 2026-09-23. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will ILS's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 2.65% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does ILS charge its expense ratio? The expense ratio is deducted in tiny daily slices from ILS's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does ILS cost more than a fund like VOO? ILS is actively managed (current expense ratio 2.65%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether ILS's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to ILS? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as ILS (2.65%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ils - Distribution history: https://www.dividenddata.com/funds/ils/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ils/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ils/expenses - Peer comparison: https://www.dividenddata.com/funds/ils/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.