Trust for Professional Managers ActivePassive Core Bond ETFTrust for Professional Managers ActivePassive Core Bond ETFTrust for Professional Managers ActivePassive Core Bond ETF

Trust for Professional Managers ActivePassive Core Bond ETF

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Key stats

Assets under management (AUM)
‪661.34 M‬USD
Fund flows (1Y)
‪669.24 M‬USD
Dividend yield (indicated)
3.92%
Discount/Premium to NAV
0.6%

About Trust for Professional Managers ActivePassive Core Bond ETF

Issuer
Envestnet, Inc.
Brand
ActivePassive
Expense ratio
0.36%
Inception date
May 3, 2023
Index tracked
No Underlying Index
Management style
Active
APCB utilizes both active and passive strategies to take advantage of the low costs of index tracking, while providing the opportunity to add value through risk mitigation and security selection. The fund allocates to the active and passive portion of the fund based on the advisers proprietary research, generally following a balanced approach to each. APCB will primarily invest in securities rated as investment grade, issued by corporate and government entities, with up to 20% in high yield securities. The fund includes short-term and long-term securities, with maturities up to more than 20 years. The passive portion of the fund uses mathematical modelling, computer systems and data analysis to provide investment results similar to the underlying index. The active portion of the fund may utilize a multi-manager, fundamental based research strategy to select securities they believe to be undervalued in the market.

Classification

Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
ETF
Government
Corporate
Securitized
Stocks0.09%
Finance0.09%
Bonds, Cash & Other99.91%
ETF41.92%
Government24.50%
Corporate19.85%
Securitized12.06%
Mutual fund1.40%
Miscellaneous0.36%
Agency0.01%
Cash−0.19%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy