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OPER

ClearShares Ultra-Short Maturity ETF·ARCA
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Key Stats
Assets Under Management
112.64MUSD
Fund Flows (1Y)
-27.55MUSD
Dividend Yield
4.60%
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
Inception Date
Jul 10, 2018
Structure
Open-Ended Fund
Index Tracked
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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.
Classification
Asset Class
Fixed Income
Category
Government, Broad-based
Focus
Broad Credit
Niche
Ultra-Short Term
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month
3-Month
YTD
1-Year
3-Year
5-Year
Price Performance
+0.05%+0.00%+0.09%-0.03%-0.10%+0.05%
NAV Total Return
+0.31%+0.96%+0.31%+4.29%+15.45%+18.36%
Ratings

No data is currently available

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Holdings Analysis

Sector

Technology

19.48%

Industrials

18.81%

Healthcare

15.92%

Financial Services

10.73%

Consumer Cyclical

10.18%

Utilities

6.80%

Basic Materials

5.57%

Consumer Defensive

4.41%

Communication Services

3.93%

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Asset

No data is currently available

Region

No data is currently available

Investment Style

No data is currently available

Top 10 Holdings

Symbol

Ratio

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OPER REPO 02/05/26 3.91% 02/05/2026

44.41%
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OPER REPO 2/5/26 3.69% 02/05/2026

15.54%
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Cash & Other

0.05%
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First American Government Obligations Fund 12/01/2

0.04%

Top 10 Weight 60.04%

4 Total Holdings

Is SPY better than OPER?
Dividends

Dividend Payout History

Declaration Date
Record Date
Payment Date
Amount
2026-01-292026-01-292026-01-300.279
2025-12-302025-12-302025-12-310.322
2025-11-262025-11-262025-11-280.350
2025-10-302025-10-302025-10-310.380
2025-09-292025-09-292025-09-300.450
2025-08-282025-08-282025-08-290.380
2025-07-302025-07-302025-07-310.400

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How Much Does OPER Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy OPER?
Fund Flows