Cboe US - Delayed Quote USD

FormulaFolios Tactical Income ETF (FFTI)

20.03 +0.01 (+0.02%)
At close: October 6 at 3:42 PM EDT

ETF Summary

The fund seeks to achieve its investment objective by investing through other exchange traded funds ("ETFs") in foreign and domestic fixed income securities. The fixed income securities in which the ETFs invest are U.S. Treasuries, investment grade U.S. bonds, high-yield U.S. bonds, U.S. aggregate bond, municipal bonds and international government bonds of any maturity and duration. The adviser uses its proprietary investment model to rank 5 major fixed income asset classes based on the strongest combination of yield spread and price momentum.

ETF Overview

Category Multisector Bond
Fund Family FormulaFolioFunds
Net Assets --
YTD Daily Total Return 0.23%
Yield 2.40%
Legal Type Exchange Traded Fund

ETF Operations

Attributes FFTI Category Average
Annual Report Expense Ratio (net) 0.89% 0.98%
Holdings Turnover 38.00% 129.92%
Total Net Assets 0.00 0.00

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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