Build Bond Innovation ETFBuild Bond Innovation ETFBuild Bond Innovation ETF

Build Bond Innovation ETF

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Key stats


Assets under management (AUM)
‪10.65 M‬USD
Fund flows (1Y)
‪2.51 M‬USD
Dividend yield (indicated)
4.00%
Discount/Premium to NAV
−0.06%
Shares outstanding
‪425.00 K‬
Expense ratio
0.45%

About Build Bond Innovation ETF


Issuer
Build Asset Management LLC
Brand
Build
Inception date
Feb 9, 2022
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Build Asset Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US12009B1017
BFIX provides a multi-asset approach to capital appreciation through a fixed income and equity option overlay strategy. Through its fixed income strategy, invested directly or indirectly via unaffiliated ETFs, the fund mainly holds investment grade fixed income securities of US and non-US issuers, denominated in USD and selected using value-style investing. These may include debentures, mortgage-backed securities (MBS), consumer asset-backed securities (e.g., credit card and auto loan receivables), and commercial mortgage-backed securities (CMBS), as well as bonds issued by the US and foreign governments and corporate entities. BFIX may invest in bonds of any maturity while maintaining a moderate duration of 1-10 years and a BBB- equivalent or better average credit quality. The funds equity option overlay strategy provides a US large-cap exposure, it goes long up to 10% in S&P 500 call options.

Broaden your horizons with more funds linked to BFIX via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Broad maturities
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Corporate
Stock breakdown by region
99%0.7%
Top 10 holdings
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
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BFIX trades at 25.14 USD today, its price has risen 0.14% in the past 24 hours. Track more dynamics on BFIX price chart.
BFIX net asset value is 25.15 today — it's risen 0.42% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BFIX assets under management is ‪10.65 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BFIX price has risen by 0.24% over the last month, and its yearly performance shows a 5.57% increase. See more dynamics on BFIX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.42% over the last month, showed a 1.01% increase in three-month performance and has increased by 10.09% in a year.
BFIX fund flows account for ‪2.51 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BFIX invests in bonds. See more details in our Analysis section.
BFIX expense ratio is 0.45%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BFIX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BFIX technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BFIX shows the strong buy signal. See more of BFIX technicals for a more comprehensive analysis.
Yes, BFIX pays dividends to its holders with the dividend yield of 4.00%.
BFIX trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BFIX shares are issued by Build Asset Management LLC
BFIX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 9, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.