FIXP

FolioBeyond Enhanced Fixed Income Premium ETF

$19.86
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) seeks to provide current income and capital preservation by investing in a diversified portfolio of fixed income securities.

Overview

ETF tracking FolioBeyond Enhanced Fixed Income Premium ETF

Issuer Other
Inception Date 2025-01-23
Market Cap $10.9M
Average Volume N/A
Dividend Yield 4.15%
52-Week Range $19.37 - $20.24
VWAP $19.88

Performance

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Investment Summary

📎 Investment Objective

The FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) seeks to provide current income and capital preservation by investing in a diversified portfolio of fixed income securities.

🎯 Investment Strategy

The ETF aims to achieve its objective by investing primarily in investment-grade corporate bonds, government bonds, and other fixed income instruments. The fund may also utilize options strategies to generate additional income.

✨ Key Features

  • Diversified fixed income portfolio focused on investment-grade securities
  • Potential for enhanced income generation through options strategies
  • Low expense ratio of 0.00%
  • Relatively short duration to help mitigate interest rate risk

⚠️ Primary Risks

  • Credit risk: The risk that the issuer of a bond may default on its obligations
  • Interest rate risk: The risk that bond prices will decline as interest rates rise
  • Liquidity risk: The risk that the fund may have difficulty selling certain securities at an advantageous time or price
  • Options risk: The risk associated with the use of options strategies, including the potential for losses greater than the amount invested

👤 Best For

The FolioBeyond Enhanced Fixed Income Premium ETF may be suitable for investors seeking current income and capital preservation, with a moderate risk tolerance. It may be particularly attractive for investors looking to complement their core fixed income allocation with a fund that aims to generate additional income through options strategies.