Symbols

OPER

ClearShares Ultra-Short Maturity ETF·ARCA

--(--)

Key Stats

Assets Under Management

120.36MUSD

Fund Flows (1Y)

-27.56MUSD

Dividend Yield

4.45%

Discount/Premium to NAV

0.01%

Shares Outstanding

1.10M

Expense Ratio

0.20%

About ClearShares Ultra-Short Maturity ETF

Issuer

ClearShares LLC

Brand

ClearShares

Home Page

https://www.clear-shares.com/oper

Inception Date

Jul 10, 2018

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

ClearShares LLC

Distributor

Quasar Distributors LLC

OPER is an actively managed, ultra-short-term bond fund that focuses on generating income. The fund invests primarily in repurchase agreements, but may also hold government securities such as Treasurys, agency securities, and government-sponsored mortgage-backed securities. For added flexibility, the portfolio manager may utilize the TBA market for its MBS investments. The fund maintains a dollar-weighted average portfolio maturity of less than one year.