- What does WMSB invest in?
- WMSB allocates across multiple fixed income sectors, including corporate bonds, structured credit, government securities, and loan markets, with the ability to adjust these exposures as market conditions change. The portfolio can hold both investment-grade and below investment-grade debt, and its allocation to high yield may vary meaningfully over time depending on the opportunity set. The fund may also use derivatives such as credit default swaps and interest rate futures to manage credit risk, interest rate sensitivity, or to efficiently establish or reduce exposures. Maturity is not constrained, giving the managers the flexibility to lengthen or shorten the portfolios interest rate profile. In periods of limited opportunity or heightened uncertainty, the fund may temporarily allocate more to cash or higher-quality debt. WMSB is non-diversified, which allows concentration in select issuers when the managers have higher conviction in their credit or relative value assessment.
- What is the expense ratio of WMSB?
- Northern Lights Fund Trust II - Weitz Multisector Bond ETF (WMSB) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is WMSB?
- Northern Lights Fund Trust II - Weitz Multisector Bond ETF (WMSB) manages $27.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is WMSB actively managed or an index fund?
- WMSB's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was WMSB launched?
- Northern Lights Fund Trust II - Weitz Multisector Bond ETF (WMSB) launched in November 2025 and is managed by Weitz.
- How has WMSB performed?
- WMSB's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
