Symbols

BFIX

Build Bond Innovation ETF·ARCA

--(--)

Key Stats

Assets Under Management

11.40MUSD

Fund Flows (1Y)

5.02MUSD

Dividend Yield

4.11%

Discount/Premium to NAV

0.28%

Shares Outstanding

450.00K

Expense Ratio

0.45%

About Build Bond Innovation ETF

Issuer

Build Asset Management LLC

Brand

Build

Home Page

https://getbuilding.com/etfs/bfix/#

Inception Date

Feb 9, 2022

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Build Asset Management LLC

Distributor

Foreside Fund Services LLC

BFIX provides a multi-asset approach to capital appreciation through a fixed income and equity option overlay strategy. Through its fixed income strategy, invested directly or indirectly via unaffiliated ETFs, the fund mainly holds investment grade fixed income securities of US and non-US issuers, denominated in USD and selected using value-style investing. These may include debentures, mortgage-backed securities (MBS), consumer asset-backed securities (e.g., credit card and auto loan receivables), and commercial mortgage-backed securities (CMBS), as well as bonds issued by the US and foreign governments and corporate entities. BFIX may invest in bonds of any maturity while maintaining a moderate duration of 1-10 years and a BBB- equivalent or better average credit quality. The fund's equity option overlay strategy provides a US large-cap exposure, it goes long up to 10% in S&P 500 call options.