Tactical Income ETF // as of 2018-10-22

ETF Data
Ticker FFTI
Primary Exchange BATS
CUSIP 66538H 666
Inception Date 06/06/2017
Net Assets $ 202,557,800.03
Shares Outstanding 8,500,000
Expense Ratio 1.00%
NAV $ 23.83
Daily Change $ 0.01
Market Price $ 23.84
Daily Change $ 0.00
Premium Discount $ 0.010

Quarter End Performance History // as of 2018-09-30

NAV Market Price
1 Month 0.11 0.03
3 Month 1.46 1.33
6 Month 0.76 0.8
1 Year -0.58 -0.55
QTD 1.46 1.33
YTD -1.01 -1.05
Since Inception 0.29 0.29

Top Holdings // as of 2018-10-22

Name Symbol Net Asset % Market Price ($) Shares Held Market Value
SPDR Bloomberg Barclays Investment Grade Floating FLRN 21.77 % 30.74 1,434,685 44,102,217
iShares Floating Rate Bond ETF FLOT 21.77 % 50.97 865,237 44,101,130
iShares iBoxx High Yield Corporate Bond ETF HYG 19.86 % 84.94 473,518 40,220,619
SPDR Bloomberg Barclays High Yield Bond ETF JNK 19.68 % 35.38 1,126,489 39,855,181
VanEck Vectors High-Yield Municipal Index ETF HYD 5.78 % 30.47 383,975 11,699,718
iShares US Preferred Stock ETF PFF 5.57 % 36.24 311,288 11,281,077
Invesco Fundamental High Yield Corporate Bond ETF PHB 5.56 % 18.26 617,258 11,271,131
US DOLLARS USD 0.03 % 1 58,878 58,878
Download All Holding (.CSV)

Portfolio holdings are subject to change and should not be considered investment advice.

ETF Description & Information //

The FormulaFolios Tactical Income ETF seeks to provide steady income by accentuating the fixed-income asset classes showing the greatest potential for stable long term returns with minimal risk. This Fund uses a proprietary investment model to rank 5 major fixed income asset classes (US treasuries, investment grade US bonds, high-yield US bonds, US aggregate bond, and international government bond) based on the strongest combination of yield spread and price momentum (higher price momentum and lower yield spreads). Following the ranking process, the three highest-ranked asset classes are allocated to the Fund, while the two lowest ranked asset classes are left out of the Fund. When few (2 or fewer) or none of the asset classes meet the model’s price momentum criteria, the Fund may invest heavily in short-term treasury bonds until more asset classes become favorable for investing.