Key stats
About Vident U.S. Bond Strategy ETF
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Inception date
Oct 15, 2014
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
VBND uses a complex multi-factor selection and weighting scheme that differs vastly from a market value-weighted approach. The fund employs a top-down strategy to allocate across a broad range of sectors using a variety of factors, including relative valuation, sector default rates, and macro inputs. Corporate issuers of any credit rating are screened for good governance and creditworthiness. High-yield bonds are capped at 20% and TIPS sectors at 15%. Bonds are weighted within each sector using another set of factors: yield, duration yield, credit risk, etc. The fund lands in the intermediate maturity segment due to a duration target of three to seven years. The index is rebalanced monthly and reconstituted quarterly. On Jan. 6, 2016, VBND ceased tracking the Vident Core U.S. Bond Index and used a slightly different index thereafter. Prior to Dec. 31, 2022, the fund was named Vident Core U.S. Bond Strategy ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government64.42%
Corporate24.22%
Securitized9.97%
Cash1.38%
Top 10 holdings
Dividends
Dividend payout history