ATAC Credit Rotation ETF

Frequently Asked Questions About JOJO

What does JOJO invest in?

Under typical market conditions, the ATAC Credit Rotation ETF (JOJO) commits a minimum of 80% of its total investable capital (comprising both its net assets and any funds borrowed for investment purposes) to credit-oriented instruments. This substantial allocation can be made either directly or indirectly, through other exchange-traded funds (ETFs) that maintain the same mandate of investing at least 80% of their own assets, plus borrowings, in credit-related securities. The category of credit-related securities is broad, encompassing various debt instruments like fixed-income securities, general debt obligations, and loans. It also extends to any investments that exhibit similar economic characteristics to these core debt and lending products. JOJO is structured as a non-diversified fund.

What is the expense ratio of JOJO?

ATAC Credit Rotation ETF (JOJO) charges an expense ratio of 1.49%. This is the annual fee deducted from fund assets to cover management and operations.

What is JOJO's dividend yield?

JOJO's trailing-twelve-month yield is 5.28%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of JOJO?

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

What is the credit quality of JOJO?

JOJO'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 JOJO?

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