Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
5.8%
1 yr return
7.3%
3 Yr Avg Return
3.9%
5 Yr Avg Return
N/A
Net Assets
$131 M
Holdings in Top 10
8.3%
Expense Ratio 0.17%
Front Load N/A
Deferred Load N/A
Turnover N/A
Redemption Fee N/A
Standard (Taxable)
N/A
IRA
N/A
Fund Type
Exchange Traded Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Under normal conditions, the fund invests at least 80% of its net assets (including any borrowings for investment purposes) in bonds. For purposes of determining whether the fund invests at least 80% of its net asset in bonds, the fund includes derivative instruments that are linked to, or provide investment exposure to bonds. The fund invests in a diversified portfolio of shorter-term investment-grade corporate and government securities, including mortgage- and asset-backed securities, municipal securities, money market securities and bank obligations, and
securities of foreign issuers. All of the securities purchased by the fund will be rated investment grade (i.e., rated in one of the four highest credit rating categories) at the time of purchase by at least one of the credit rating agencies or, if unrated, deemed by the adviser to be investment-grade quality. The fund will not be required to sell a holding if it is later downgraded to a below investment-grade rating. While the fund may purchase an individual security with an effective maturity of up to five years, under normal conditions the fund’s dollar-weighted average effective maturity will be 1.5 years or less.
The fund may use a variety of derivatives, such as futures, forwards, and swaps for a number of purposes, such as exposure or hedging. Specifically, the fund uses interest rate futures, credit default swaps, credit default swaptions, and forward currency exchange contracts. Interest rate futures are used to manage the fund’s cash flow, exposure to changes in interest rates or to adjust portfolio duration. Credit default swaps and credit default swaptions are typically used in an effort to protect the value of certain portfolio holdings or to manage the fund’s overall exposure to changes in credit quality. Forward currency exchange contracts are typically used to protect the fund’s non-U.S. dollar-denominated securities from adverse currency movements.
Investment decisions generally reflect the portfolio manager’s outlook for interest rates and the economy, as well as the prices, yields, and credit quality of various securities in which the fund may invest. For example, if interest rates are expected to fall, the fund may purchase securities with longer maturities (to the extent consistent with the fund’s investment program) in an attempt to seek higher yields and/or capital appreciation. Conversely, if interest rates are expected to rise, the fund may seek securities with shorter maturities.
Period | TBUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.8% | -4.7% | 2.6% | 93.56% |
1 Yr | 7.3% | -6.1% | 6.9% | N/A |
3 Yr | 3.9%* | -2.9% | 3.7% | N/A |
5 Yr | N/A* | -11.1% | 2.6% | N/A |
10 Yr | N/A* | -5.1% | 1.5% | N/A |
* Annualized
Period | TBUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.5% | -6.4% | 2.3% | N/A |
2022 | -2.7% | -1.6% | 21.9% | N/A |
2021 | N/A | -21.0% | 5.8% | N/A |
2020 | N/A | -9.4% | 2.6% | N/A |
2019 | N/A | -12.9% | 6.1% | N/A |
Period | TBUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.8% | -6.5% | 2.6% | 94.85% |
1 Yr | 7.3% | -6.1% | 6.9% | N/A |
3 Yr | 3.9%* | -2.9% | 3.7% | N/A |
5 Yr | N/A* | -11.1% | 2.6% | N/A |
10 Yr | N/A* | -5.1% | 1.5% | N/A |
* Annualized
Period | TBUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.4% | -6.4% | 2.3% | N/A |
2022 | -0.1% | -1.6% | 21.9% | N/A |
2021 | N/A | -21.0% | 5.8% | N/A |
2020 | N/A | -9.4% | 2.6% | N/A |
2019 | N/A | -12.9% | 6.1% | N/A |
TBUX | Category Low | Category High | TBUX % Rank | |
---|---|---|---|---|
Net Assets | 131 M | 24.5 K | 19.8 B | 91.74% |
Number of Holdings | 462 | 1 | 3396 | 61.83% |
Net Assets in Top 10 | 15.9 M | -200 M | 16.1 B | 92.12% |
Weighting of Top 10 | 8.28% | 2.6% | 100.0% | 41.38% |
Weighting | Return Low | Return High | TBUX % Rank | |
---|---|---|---|---|
Bonds | 80.52% | 0.00% | 123.41% | 77.59% |
Other | 18.77% | -10.38% | 3.22% | 61.83% |
Cash | 0.71% | -24.02% | 100.00% | 22.82% |
Stocks | 0.00% | 0.00% | 3.35% | 0.83% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 56.02% |
Convertible Bonds | 0.00% | 0.00% | 15.25% | 47.72% |
Weighting | Return Low | Return High | TBUX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 0.18% | 0.00% | 100.00% | 24.90% |
Derivative | 0.05% | 0.00% | 23.15% | 16.60% |
Securitized | 0.00% | 0.00% | 100.00% | 53.94% |
Corporate | 0.00% | 0.00% | 99.91% | 33.61% |
Municipal | 0.00% | 0.00% | 70.39% | 25.73% |
Government | 0.00% | 0.00% | 100.00% | 89.21% |
Weighting | Return Low | Return High | TBUX % Rank | |
---|---|---|---|---|
US | 80.06% | 0.00% | 100.00% | 82.57% |
Non US | 0.46% | 0.00% | 72.88% | 19.92% |
TBUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.17% | 0.03% | 4.12% | 89.96% |
Management Fee | 0.17% | 0.00% | 1.19% | 16.53% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
TBUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
TBUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | N/A |
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.
TBUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 369.54% | N/A |
TBUX | Category Low | Category High | TBUX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.86% | 0.00% | 4.70% | 90.87% |
TBUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
TBUX | Category Low | Category High | TBUX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.30% | 14.86% | N/A |
TBUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Oct 28, 2024 | $0.202 | OrdinaryDividend |
Sep 25, 2024 | $0.220 | OrdinaryDividend |
Aug 27, 2024 | $0.218 | OrdinaryDividend |
Jul 26, 2024 | $0.235 | OrdinaryDividend |
Jun 25, 2024 | $0.223 | OrdinaryDividend |
Apr 24, 2024 | $0.213 | OrdinaryDividend |
Mar 22, 2024 | $0.209 | OrdinaryDividend |
Feb 23, 2024 | $0.216 | OrdinaryDividend |
Jan 25, 2024 | $0.222 | OrdinaryDividend |
Dec 22, 2023 | $0.295 | OrdinaryDividend |
Nov 24, 2023 | $0.219 | OrdinaryDividend |
Oct 25, 2023 | $0.219 | OrdinaryDividend |
Sep 25, 2023 | $0.214 | OrdinaryDividend |
Aug 25, 2023 | $0.213 | OrdinaryDividend |
Jul 25, 2023 | $0.137 | OrdinaryDividend |
Jun 26, 2023 | $0.184 | OrdinaryDividend |
May 24, 2023 | $0.176 | OrdinaryDividend |
Apr 24, 2023 | $0.170 | OrdinaryDividend |
Mar 27, 2023 | $0.166 | OrdinaryDividend |
Feb 22, 2023 | $0.161 | OrdinaryDividend |
Jan 25, 2023 | $0.142 | OrdinaryDividend |
Dec 23, 2022 | $0.164 | OrdinaryDividend |
Dec 23, 2022 | $0.207 | CapitalGainLongTerm |
Nov 23, 2022 | $0.127 | OrdinaryDividend |
Oct 25, 2022 | $0.140 | OrdinaryDividend |
Sep 26, 2022 | $0.111 | OrdinaryDividend |
Aug 25, 2022 | $0.091 | OrdinaryDividend |
Jul 25, 2022 | $0.066 | OrdinaryDividend |
Jun 24, 2022 | $0.179 | OrdinaryDividend |
May 24, 2022 | $0.049 | OrdinaryDividend |
Apr 25, 2022 | $0.040 | OrdinaryDividend |
Mar 25, 2022 | $0.041 | OrdinaryDividend |
Feb 22, 2022 | $0.029 | OrdinaryDividend |
Jan 25, 2022 | $0.007 | OrdinaryDividend |
Dec 27, 2021 | $0.054 | OrdinaryDividend |
Dec 27, 2021 | $0.008 | CapitalGainShortTerm |
Dec 27, 2021 | $0.021 | CapitalGainLongTerm |
Nov 23, 2021 | $0.031 | OrdinaryDividend |
Oct 25, 2021 | $0.020 | OrdinaryDividend |
Dividend Investing Ideas Center
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