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Trending ETFs

Aware Ultra-Short Duration Enhanced Income ETF

etf
AWTM
Dividend policy
Active
Price as of:
$49.79 +0.05 +0%
primary theme
U.S. Ultrashort Bond Duration
AWTM (ETF)

Aware Ultra-Short Duration Enhanced Income ETF

Dividend policy
Active
Price as of:
$49.79 +0.05 +0%
primary theme
U.S. Ultrashort Bond Duration
AWTM (ETF)
Aware Ultra-Short Duration Enhanced Income ETF
Dividend policy
Active
Price as of:
$49.79 +0.05 +0%
primary theme
U.S. Ultrashort Bond Duration

AWTM - Snapshot

Vitals

  • YTD Return -0.1%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $152 M
  • Holdings in Top 10 47.8%

52 WEEK LOW AND HIGH

$49.75
$48.58
$50.02

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.23%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 194.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme U.S. Ultrashort Bond Duration
  • Fund Type Exchange Traded Fund
  • Investment Style Ultrashort Bond

Compare AWTM to Popular U.S. Ultrashort Bond Duration Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$10.03

0.00%

$19.28 B

0.68%

$0.07

blocked
blocked
blocked

-0.10%

0.30%

$10.07

0.00%

$18.79 B

1.02%

$0.10

blocked
blocked
blocked

0.00%

0.20%

$10.10

0.00%

$16.76 B

0.62%

$0.06

blocked
blocked
blocked

0.00%

0.30%

$9.83

0.00%

$16.33 B

0.92%

$0.09

blocked
blocked
blocked

0.00%

0.55%

$9.98

0.00%

$15.99 B

-

$0.01

blocked
blocked
blocked

0.00%

0.36%

Compare AWTM to Popular U.S. Ultrashort Bond Duration ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$110.52

0.00%

$14.94 B

-

$0.13

blocked
blocked
blocked

-0.01%

0.15%

$101.94

0.00%

$14.69 B

0.64%

$0.66

blocked
blocked
blocked

-0.09%

0.37%

$91.50

0.00%

$12.18 B

-

$0.00

blocked
blocked
blocked

-0.03%

0.14%

$59.96

0.00%

$4.70 B

0.75%

$0.45

blocked
blocked
blocked

-0.13%

0.45%

$50.49

0.00%

$3.04 B

0.97%

$0.49

blocked
blocked
blocked

-0.18%

0.22%

AWTM - Profile

Distributions

  • YTD Total Return -0.2%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.89%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Aware Ultra-Short Duration Enhanced Income ETF
  • Fund Family Name
    Aware
  • Inception Date
    Jan 28, 2019
  • Shares Outstanding
    3050001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Charles Ragauss

Fund Description

The fund is an actively-managed ETF that seeks to achieve its investment objective, under normal circumstances, by investing at least 80% of its net assets in U.S.-dollar denominated investment-grade fixed- and floating-rate bonds, and debt securities with an overall effective duration of less than one year.


AWTM - Performance

Return Ranking - Trailing

Period AWTM Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -0.7% 17.2% 91.95%
1 Yr 4.1% -0.9% 22.5% 12.45%
3 Yr N/A* -0.3% 3.3% N/A
5 Yr N/A* 0.5% 4.5% N/A
10 Yr N/A* 0.0% 2.2% N/A

* Annualized

Return Ranking - Calendar

Period AWTM Return Category Return Low Category Return High Rank in Category (%)
2020 -1.1% -3.1% 1.8% 96.93%
2019 N/A -1.2% 2.5% N/A
2018 N/A -2.5% 0.4% N/A
2017 N/A -2.0% 100.0% N/A
2016 N/A -1.4% 900.0% N/A

Total Return Ranking - Trailing

Period AWTM Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -0.7% 17.2% 92.37%
1 Yr 4.1% -5.1% 22.5% 12.02%
3 Yr N/A* -0.5% 3.3% N/A
5 Yr N/A* 0.0% 4.5% N/A
10 Yr N/A* 0.0% 2.2% N/A

* Annualized

Total Return Ranking - Calendar

Period AWTM Return Category Return Low Category Return High Rank in Category (%)
2020 -1.1% -3.1% 1.8% 96.93%
2019 N/A -1.2% 2.5% N/A
2018 N/A -51.1% 2.0% N/A
2017 N/A -2.0% 2.7% N/A
2016 N/A -1.4% 900.0% N/A

AWTM - Holdings

Concentration Analysis

AWTM Category Low Category High AWTM % Rank
Net Assets 152 M 24.7 K 19.3 B 83.68%
Number of Holdings 66 1 1496 85.29%
Net Assets in Top 10 72.2 M -518 M 10.5 B 67.65%
Weighting of Top 10 47.82% 0.0% 100.0% 11.91%

Top 10 Holdings

  1. AbbVie Inc. 2.3% 3.90%
  2. OCP CLO Ltd. 2.07% 3.86%
  3. General Motors Financial Company Inc 1.51% 3.65%
  4. Invitation Homes 2018-Sfr1f 1.36% 3.59%
  5. Invitation Homes Tr 2017-Sfr2 1.26% 3.44%
  6. Edison International 2.4% 3.38%
  7. Citigroup Inc. 1.29% 3.36%
  8. Harley-Davidson Financial Services Inc. 3.55% 3.32%
  9. Federal Farm Credit Banks 0.29% 3.32%
  10. Invitation Homes 2015-Sfr3 Trust 1.2% 2.99%

Asset Allocation

Weighting Return Low Return High AWTM % Rank
Bonds
73.01% 0.00% 100.00% 60.92%
Cash
25.25% 0.00% 100.00% 39.92%
Convertible Bonds
1.74% 0.00% 15.61% 47.06%
Stocks
0.00% 0.00% 19.46% 51.26%
Preferred Stocks
0.00% 0.00% 0.00% 46.22%
Other
0.00% -11.64% 14.71% 49.16%

Bond Sector Breakdown

Weighting Return Low Return High AWTM % Rank
Corporate
57.19% 0.00% 99.90% 15.55%
Cash & Equivalents
25.25% 0.00% 100.00% 34.45%
Securitized
13.58% 0.00% 97.89% 66.39%
Government
3.98% 0.00% 100.00% 41.18%
Derivative
0.00% 0.00% 13.70% 50.84%
Municipal
0.00% 0.00% 71.78% 73.11%

Bond Geographic Breakdown

Weighting Return Low Return High AWTM % Rank
US
59.07% 0.00% 100.00% 56.72%
Non US
13.94% 0.00% 53.58% 44.96%

AWTM - Expenses

Operational Fees

AWTM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.23% 0.08% 14.74% 90.35%
Management Fee 0.23% 0.00% 1.19% 30.96%
12b-1 Fee 0.00% 0.00% 1.00% 15.96%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

AWTM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.50% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

AWTM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AWTM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 194.00% 0.00% 303.00% 95.05%

AWTM - Distributions

Dividend Yield Analysis

AWTM Category Low Category High AWTM % Rank
Dividend Yield 0.55% 0.00% 0.73% 2.09%

Dividend Distribution Analysis

AWTM Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

AWTM Category Low Category High AWTM % Rank
Net Income Ratio 1.89% -0.20% 3.05% 43.10%

Capital Gain Distribution Analysis

AWTM Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Daily Annually

Dividend Payout History

View More +

AWTM - Fund Manager Analysis

Managers

Charles Ragauss


Start Date

Tenure

Tenure Rank

Dec 31, 2020

0.33

0.3%

Mr. Ragauss currently serves as Director of Product Management at CSat Investment Advisory, having joined the it in April 2016. Prior to joiningCSat Investment Advisory, Mr. Ragauss was Assistant Vice President at Huntington National Bank (“Huntington”), where he was Product Manager for the Huntington Funds and Huntington Strategy Shares ETFs, a combined fund complex of almost $4 billion in assets under management. At Huntington, he led ETF development bringing to market some of the first actively managed ETFs. Mr. Ragauss joined Huntington in 2010. Mr. Ragauss attended Grand Valley State University where he received his Bachelor of Business Administration in Finance and International Business, as well as a minor in French. He is a member of both the National and West Michigan CFA societies and holds the CFA designation.

Michael Venuto


Start Date

Tenure

Tenure Rank

Dec 31, 2020

0.33

0.3%

Mr. Venuto is a co-founder and has been the Chief Investment Officer of the Toroso Investments, LLC since 2012. Mr. Venuto is an ETF industry veteran with over a decade of experience in the design and implementation of ETF-based investment strategies. Previously, he was Head of Investments at Global X Funds where he provided portfolio optimization services to institutional clients. Before that, he was Senior Vice President at Horizon Kinetics where his responsibilities included new business development, investment strategy and client and strategic initiatives.

Kent White


Start Date

Tenure

Tenure Rank

Jan 31, 2021

0.24

0.2%

Kent J. White is the co-chief investment officer at National Investment Services. He also serves on the board of directors and is a member of the management, fixed income investment and asset pricing committees. An owner of the firm, Kent has been with the company since 1994. As co-CIO, Kent is responsible for working in conjunction with Jason C. Berrie to develop the firm’s investment strategies and oversee implementation of final portfolio decisions across all strategies. He has substantial experience in all market sectors and provides regular input on MBS sectors including residential and commercial, as well as consumer and esoteric ABS sectors. Kent also is lead portfolio manager for the total absolute return strategy. Before being appointed CIO, he held the role of CFIO. Prior to joining NIS, Kent served as a portfolio manager at Business Men’s Assurance. He began his career at the Peoples Heritage Federal Savings & Loan. Kent holds a B.S. in pharmacy from the University of Kansas and an M.B.A. in finance from Duke University. He is a CFA charterholder. Kent is a volunteer for the Central American Lutheran Missionary Society.

Barbara Schalla


Start Date

Tenure

Tenure Rank

Jan 31, 2021

0.24

0.2%

Vincent Russo


Start Date

Tenure

Tenure Rank

Jan 31, 2021

0.24

0.2%

Vincent S. Russo, CFA, is a senior member responsible for corporate credit risk and serves on the Fixed Income Policy Committee, the Credit Analyst Policy Group and the Risk Management Committee. Vince joined M&I Investment Management Corp. in 2002 as a credit analyst for the Marshall Short-Term Income, Aggregate Bond, Short-Intermediate Bond, Prime Money Market and Government money-market funds. From 1997 until 2002, he was a fixed income analyst for Clarica Life Insurance Co. Prior to this, he worked in the financial services technology industry for Beta Systems for seven years. He holds a BBA in Finance and an MBA, both from the University of Wisconsin – Whitewater. He is a member of the CFA Institute and is an active member of the CFA Society of Milwaukee.

Mark Anderson


Start Date

Tenure

Tenure Rank

Jan 31, 2021

0.24

0.2%

Mark R. Anderson is the chief strategy officer at National Investment Services. He also serves as a member of the fixed income investment, management and equity investment committees. An owner of the firm, Mark has been with the company since 2000. Mark is charged with leading dynamic fixed income allocation discussions, monitoring implementation and ensuring that client expectations are being met. He is also the co-portfolio manager of the preferred stock fund, portfolio manager for taxable municipal bonds, and is responsible for the firm’s economic and market outlooks. He is a frequent speaker at both client and industry conferences. Prior to joining NIS, Mark was security analyst and portfolio manager at Associated Trust Company. He holds a B.S. in business administration from the University of Wisconsin – Stevens Point. Mark is a CFA charterholder.

Stephen Smitley


Start Date

Tenure

Tenure Rank

Jan 31, 2021

0.24

0.2%

Stephen J. Smitley Aware – Head of Structured Products Mr. Smitley is responsible for evaluating opportunities, assessing risk and the overall portfolio management of Structured Credit investments for Aware Asset Management, Inc. Prior to joining the Aware organization in 2017, Mr. Smitley was with Carval Investors as a member of the Structured Products Investment team from 2009 to 2017. Earlier in his career, Mr. Smitley held roles in structured finance and loan servicing at Black River Asset Management, GMAC-RFC and IndyMac. Mr. Smitley earned a bachelor’s degree from the California State University-Northridge.

Jason Berrie


Start Date

Tenure

Tenure Rank

Jan 31, 2021

0.24

0.2%

Jason C. Berrie is the co-chief investment officer at National Investment Services. He also serves on the board of directors, and is a member of the fixed income investment and management committees. An owner of the firm, Jason has been with the company since 2003. As co-CIO, Jason is responsible for working in conjunction with Kent J. White to develop investment strategies and oversee final portfolio decisions. He is the lead portfolio manager for the corporate bond team and is also charged with determining high yield allocations within the core plus, intermediate plus, and dynamic fixed income investment strategies. Jason is also lead portfolio manager for the short duration high yield strategy. Prior to joining NIS, Jason served as a portfolio manager at both the Guggenheim Group and Midland Advisors Company. Jason holds a B.B.A. in business administration from the University of Iowa. He is a CFA charterholder.

Lesly Barnes


Start Date

Tenure

Tenure Rank

Jan 31, 2021

0.24

0.2%

Lesly is an Asset Backed Securities portfolio manager and is our lead Treasury trader. She is also the pricing coordinator.

James Kaplan


Start Date

Tenure

Tenure Rank

Jan 31, 2021

0.24

0.2%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 31.35 5.85 5.22