AVIG

Avantis Core Fixed Income ETF

$41.90
+0.00%
Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The Avantis Core Fixed Income ETF seeks to provide current income while preserving capital.

Overview

ETF tracking Avantis Core Fixed Income ETF

Issuer Other
Inception Date 2020-10-15
Market Cap $1.3B
Average Volume N/A
Dividend Yield 3.63%
52-Week Range $40.06 - $42.48
VWAP $41.92

Performance

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Investment Summary

📎 Investment Objective

The Avantis Core Fixed Income ETF seeks to provide current income while preserving capital.

🎯 Investment Strategy

The fund invests primarily in a diversified portfolio of investment-grade fixed income securities, including U.S. government bonds, corporate bonds, and mortgage-backed securities. The portfolio is actively managed to maintain an average duration that is similar to the Bloomberg U.S. Aggregate Bond Index.

✨ Key Features

  • Broad exposure to the investment-grade fixed income market
  • Active management approach to maintain targeted duration
  • Low-cost expense ratio of 0.00%
  • Relatively low risk profile compared to equity-focused funds

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline when interest rates rise
  • Credit risk: The fund is exposed to the risk of default by the issuers of the bonds it holds
  • Liquidity risk: Some fixed income securities may be difficult to sell, especially during times of market stress
  • Reinvestment risk: When interest rates decline, the fund may have to reinvest coupon payments or matured bonds at lower yields

👤 Best For

The Avantis Core Fixed Income ETF may be suitable for investors seeking a low-cost, diversified fixed income allocation as part of a balanced portfolio. It is best suited for investors with a moderate risk tolerance who are looking for current income and capital preservation.