- What does ZTOP invest in?
- The F/m High Yield 100 ETF (ZTOP) is an actively managed exchange-traded fund designed to offer investors access to high-yield corporate bonds. The fund achieves its investment goal by constructing a diversified portfolio of 100 high-yield corporate bonds, with a primary focus on maximizing income while judiciously overseeing credit risk.
- What is the expense ratio of ZTOP?
- F/m High Yield 100 ETF (ZTOP) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.
- What is ZTOP's dividend yield?
- ZTOP's trailing-twelve-month yield is 5.79%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of ZTOP?
- Effective duration measures ZTOP's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ZTOP's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of ZTOP?
- ZTOP'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 ZTOP?
- Yield to maturity (YTM) is the total return you'd earn from ZTOP if every bond in the portfolio is held to maturity at the current price. ZTOP'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.
