Profile
Assets class:
EquityAssets under management:
$58 MAverage volume:
$13 KDomicile:
USExpense ratio:
0.27%Inception date:
22 March 2023Website:
-Last dividends:
01 November 2024Next dividends:
N/ATop countries
Dividend yield TTM
FUSI Latest News
The fixed income market is currently facing complexity, to say the least. Interest rate increases have injected some excitement into this previously stable asset class, but uncertainty surrounding the Fed has left many unanswered questions.
The capital markets are already pricing in rate cuts ahead of 2024, causing yields to fall. One way to continue supplementing income amid a potential drop in yields is to diversify income using a pair of active exchange-traded funds.
Just getting core bond exposure in today's market environment won't be enough to maximize income for yield seekers. In order to counter the rising tide of high interest rates, a multi-pronged approach is sometimes necessary.
The Fed released the minutes from its March meeting Wednesday, driving the U.S. Two-year Treasury yield down by market close. The minutes revealed that the Fed expects last month's banking crisis to induce a recession later this year, which may limit its ability to raise rates further.
What is FUSI ETF?
Under normal market conditions, the portfolio managers will invest at least 80% of the fund’s net assets, plus any borrowings for investment purposes in floating rate securities. The fund invests principally in securitized credit instruments, including collateralized loan obligations, credit risk transfer securities, floating rate commercial mortgage securities, and mortgage- or asset-backed securities. The fund invests primarily in investment-grade securities but may invest up to 35% of its portfolio in below investment grade securities.
What is FUSI assets class?
Assets class of FUSI ETF is 'Equity'
What is FUSI assets under management?
Assets under management of FUSI ETF is $58 M
What is FUSI average volume?
Average volume of FUSI ETF is $13 K
What is FUSI domicile?
Domicile of FUSI ETF is US
What is FUSI expense ratio?
Expense ratio of FUSI ETF is 0.27%
What is FUSI inception date?
Inception date of FUSI ETF is 22 March 2023
What is FUSI website?
Website of FUSI ETF is null