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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.45% 0.15% 79.26M 37451.07
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
4.86% 202.0% 67.37M Upgrade

Basic Info

Investment Strategy
The investment seeks to track the total return performance, before fees and expenses, of the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index. The index measures the performance of exchange-listed, U.S. dollar-denominated preferred securities and hybrid securities listed on the New York Stock Exchange ("NYSE") or NASDAQ Capital Market ("NASDAQ") with an option-adjusted duration of less than 5 years. Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in preferred and income securities.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Preferred Stock
Category Index ICE BofA Fxd Rate Pref TR USD
Prospectus Objective Growth and Income
Fund Owner Firm Name AAM
Prospectus Benchmark Index
ICE 0-5Y Drtn Exh-Li Pref& Hyb TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Austin Wen 1.19 yrs
Rafael Zayas 1.19 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 59
67.37M
-79.77M Category Low
2.095B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of August 31, 2021

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Cat (NAV)
--
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As of September 24, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2014
2015
2016
2017
2018
2019
2020
YTD
--
--
--
--
--
--
5.37%
3.77%
5.97%
0.55%
2.65%
3.54%
0.01%
8.72%
7.51%
-1.16%
--
--
--
--
--
--
--
5.79%
17.57%
7.74%
-0.70%
10.51%
-4.54%
17.58%
6.38%
1.24%
14.10%
4.27%
1.30%
8.10%
-4.63%
15.93%
7.91%
4.73%
16.28%
7.92%
0.85%
10.47%
-4.00%
17.65%
7.12%
2.38%
As of September 24, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (9-24-21) 4.86%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
Forecasted Dividend Yield --
Forecasted PE Ratio --
Forecasted Price to Sales Ratio --
Forecasted Price to Book Ratio --
As of September 23, 2021

Growth Estimates

Forecasted 5 Yr Earnings Growth --
Forecasted Book Value Growth --
Forecasted Cash Flow Growth --
Forecasted Earnings Growth --
Forecasted Revenue Growth --
As of September 23, 2021

Asset Allocation

As of September 23, 2021.
Type % Net % Long % Short
Cash 5.26% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 94.74% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Invesco Shrt-Trm Inv Gov&Agcy Instl 5.26% 1.00 0.00%
PNC Financial Services Group Inc Perpetual Preferred Share class-P
3.70% -- --
Goldman Sachs Group Inc Deposit Shs Repr 1/1000th Perp Fltg Rate Non Cum Pf
2.79% -- --
Morgan Stanley Deposit Shs Repr 1/1000th Flt Rate Non Cum Pfd Shs Series -
2.65% -- --
Southern Company 5.25%
2.49% -- --
U.S. Bancorp Shs Repr 1/1000th Non Cum Perp Pfd Shs Series-F
2.00% -- --
Energy Transfer LP FXDFR PRF PERPETUAL USD 25 - Ser E
1.92% -- --
Charles Schwab Corp Deposit Shs Repr 1/40th % Non-Cum Pfd Shs Series -D-
1.80% -- --
NextEra Energy Capital Holdings Inc 5.25%
1.80% -- --
U.S. Bancorp Shs Repr 1/1000th Non-Cum Perpetual Pfd Shs Series -B-
1.77% -- --

News

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Basic Info

Investment Strategy
The investment seeks to track the total return performance, before fees and expenses, of the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index. The index measures the performance of exchange-listed, U.S. dollar-denominated preferred securities and hybrid securities listed on the New York Stock Exchange ("NYSE") or NASDAQ Capital Market ("NASDAQ") with an option-adjusted duration of less than 5 years. Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in preferred and income securities.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Preferred Stock
Category Index ICE BofA Fxd Rate Pref TR USD
Prospectus Objective Growth and Income
Fund Owner Firm Name AAM
Prospectus Benchmark Index
ICE 0-5Y Drtn Exh-Li Pref& Hyb TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Austin Wen 1.19 yrs
Rafael Zayas 1.19 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (9-24-21) 4.86%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
Forecasted Dividend Yield --
Forecasted PE Ratio --
Forecasted Price to Sales Ratio --
Forecasted Price to Book Ratio --
As of September 23, 2021

Growth Estimates

Forecasted 5 Yr Earnings Growth --
Forecasted Book Value Growth --
Forecasted Cash Flow Growth --
Forecasted Earnings Growth --
Forecasted Revenue Growth --
As of September 23, 2021

Fund Details

Key Dates
Inception Date 11/19/2019
Last Annual Report Date 10/31/2020
Last Prospectus Date 2/28/2021
Attributes
Enhanced Index Fund No
Index Fund Yes
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

News

Headline
Wire
Time (ET)
No Data Available