Aware Ultra-Short Duration Enhanced Income ETF

NAV $50.37
Change $0.01
 
ITD Return 2.66%
30 Day SEC Yield 2.55%
 
Expense Ratio 0.23%
NAIC Rating 2
As of October 14, 2019
AWTM Features and Potential Benefits
  • Seeks to preserve capital while maximizing current income.
  • Targets a yield of 0.75% to 1.00% over 3-month U.S. Treasury Bills. 1
  • Strives to meet the highest available credit quality.
  • Active management enables rapid response to sudden changes in market conditions.
  • Less exposure to interest rate risk and market volatility due to ultra-short duration.
  • The ETF structure generally provides high liquidity and tight spreads between share price and NAV.

1  For the purpose of the Fund’s yield target, yield is defined as the weighted average yield-to-maturity of the Fund’s holdings. The yield or total return obtained by Fund shareholders may be different. Yield-to-maturity is the return from a fixed income instrument assuming the instrument is held to maturity. There is no guarantee that the Fund will meet its income target. An investment in the fund involves risk, including loss of principal.

 
Fund Description

The Aware Ultra-Short Duration Enhanced Income ETF (Ticker: AWTM) is an actively-managed treasury management ETF. The Fund seeks to maximize current income targeting a yield of 0.75% to 1.00% over the 3-month Treasury Bills while maintaining preservation of capital and daily liquidity.

 
 
Top 10 HoldingsView AllAs of 10/14/2019
IDENTIFIER
DESCRIPTION
MARKET VALUE
% of NET ASSETS
59156RBP2
METLIFE INC 5.25% 12/29/2049
$5,227,151.25
3.46%
3133EK2S4
FEDERAL FARM CR BKS 1.92% 04/21/2022
$5,000,240.80
3.31%
3130AH5D1
FEDERAL HOME LOAN BANKS 2.05% 09/23/2021
$4,993,974.80
3.31%
36164QMS4
GE CAPITAL INTERNATIONAL FDG FR 2.342% 11/15/2020
$4,490,623.67
2.97%
9128283H1
UNITED STATES TREAS NTS 1.75% 11/30/2019
$4,199,473.74
2.78%
3133EKX50
FEDERAL FARM CR BKS 1.95% 07/15/2022
$3,994,349.08
2.64%
2546R3YN8
DISNEY WALT CO NEW
$3,992,256.32
2.64%
46625HKK5
JPMORGAN CHASE & CO 5.3% 12/29/2049
$3,828,777.32
2.53%
369622SM8
GENERAL ELEC CAP CORP 5.3% 02/11/2021
$3,535,912.48
2.34%
74368CAA2
PROTECTIVE LIFE GLOBAL FUNDING FR 2.7% 11/25/2020
$3,252,177.24
2.15%
Holdings are subject to change.
Fund InformationAs of October 14, 2019
Ticker
AWTM
Fund Type
Actively Managed
CUSIP
886364108
Inception Date
January 29, 2019
Exchange
NYSE
Shares Outstanding
3,000,000
Total Net Assets
$151,097,838.56
Premium/Discount Average       (since inception)
0.01%
Premium/Discount          (as of market close)
-0.03%
Closing Price
$50.35
 
Yield Information As of October 14, 2019
Estimated Yield to Maturity
2.80%
30 Day SEC Yield
2.55%
Yields are historical, will fluctuate and are not guaranteed.
 
Portfolio Information As of October 14, 2019
Number of Holdings
135
Effective Maturity (in years)
2.73 Years
Effective Duration (in years)
0.53 Years
 
Benchmark Information
ICE BofAML 3-Month Treasury Bills Index
Index Ticker
G0O1
Inception Date
December 31, 1977
Rebalancing Frequency
Monthly
 
Fund Tickers
NAV per Share
AWTM.NV
Intraday Indicative Value
AWTM.IV
Shares Outstanding
AWTM.SO
Estimated Cash
AWTM.EU
Total Cash
AWTM.TC
 
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