Monarch Ambassador Income Index ETF

Frequently Asked Questions About MAMB

What does MAMB invest in?

A minimum of 80% of the fund's assets are typically allocated to the securities that comprise its target index. This benchmark aims to evaluate the returns generated by a diverse collection of debt instruments, spanning a wide spectrum of credit ratings and maturities. These include corporate debt, speculative-grade bonds (often termed "high yield" or "junk"), government treasury securities, municipal obligations, mortgage-backed assets, and convertible bonds. The inclusion of these various bond types seeks to provide comprehensive access to both the domestic and international fixed-income landscapes.

What is the expense ratio of MAMB?

Monarch Ambassador Income Index ETF (MAMB) charges an expense ratio of 1.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is MAMB's dividend yield?

MAMB's trailing-twelve-month yield is 2.76%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MAMB?

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

What is the credit quality of MAMB?

MAMB'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 MAMB?

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