Tactical Income ETF //

as of 2022-12-06
ETF Data
Ticker FFTI
Primary Exchange BATS
CUSIP 66538H 666
Inception Date 06/06/2017
Net Assets 94,103,475.78
Shares Outstanding 4,550,000
Expense Ratio 1.00%
NAV $ 20.68
NAV Daily Change $ 0.05
Market Price $ 20.67
Market Price Daily Change $ 0.05
Premium Discount $ -0.01
30 Day Median Bid/Ask Spread* 0.2%

Quarter End Performance History //

as of 2022-09-30
NAV Market Price
1 Month -3.56 -3.61
3 Month -3.87 -4.05
6 Month -8.27 -8.4
1 Year -13.73 -13.78
QTD -3.87 -4.05
YTD -13.98 -13.99
Since Inception -1.13 -1.15

Top Holdings //

as of 2022-12-06
Name Symbol Net Asset % Market Price ($) Shares Held Market Value
SPDR BLOOMBERG 1 BIL 15.79 % 91.48 160,627 14,694,158
VANGUARD TOTAL BOND MARKE BND 23.86 % 73.16 303,543 22,207,206
ISHARES 7-10 YEAR TREASUR IEF 17.98 % 98.28 170,302 16,737,281
US DOLLARS USD 2.37 % 1 2,208,234 2,208,234
ISHARES CORE U.S. AGGREGA AGG 20.42 % 98.8 192,365 19,005,662
ISHARES 1-3 YEAR TREASURY SHY 19.75 % 81.27 226,130 18,377,585
Receivables/Payables RECPAY -0.02 % 1 -19,845 -19,845
Download All Holding (.CSV)

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

* The median bid-ask spread is calculated by identifying the national best bid and national best offer ("NBBO") for each fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between ach such bid nd offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.

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.