- What does TUSB invest in?
- TUSB provides segmented exposure to the US fixed income market by actively investing in ultra-short term domestic debt securities with investment grade credit rating. These securities include corporate and government bonds, asset- and mortgage-back securities, preferred stocks, collateralized debt obligations, and other income-producing debt securities. It may also invest a portion in USD-denominated debt of foreign companies. To maintain its ultra-short niche, the fund aims for a dollar-weighted average effective maturity of two years or less. In selecting constituents, the fund uses fundamental and other investment research techniques to assess a securitys value. Since the fund is actively managed, investment decisions are at the discretion of the adviser. TUSB may also utilize derivatives including US treasury future contracts to manage the funds duration and interest risk. The fund seeks a high level of current income.
- What is the expense ratio of TUSB?
- Thrivent Ultra Short Bond ETF (TUSB) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.
- What is TUSB's dividend yield?
- TUSB's trailing-twelve-month yield is 4.28%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of TUSB?
- Effective duration measures TUSB's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TUSB's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of TUSB?
- TUSB'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 TUSB?
- Yield to maturity (YTM) is the total return you'd earn from TUSB if every bond in the portfolio is held to maturity at the current price. TUSB'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.
