Aware Ultra-Short Duration Enhanced Income ETF

Fund Information

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 Information

*The 30-Day SEC yield is calculated with a standardized formula mandated by the SEC. The formula is based on maximum offering price per share and does not reflect waivers in effect. As of 9/30/2021

**The Net Expense Ratio includes management fees and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.23%.

Fund Data and Pricing

Data as of

30 Day Median Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.


As of September 30, 2021 (Cumulative)
As of September 30, 2021 (Annualized)

The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance quoted. Investment return and principal value will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Market returns are based on the bid/ask midpoint at 4:00 pm Eastern time, when the NAV typically is calculated. Market performance does not represent the returns you would receive if you traded shares at other times. For month end performance call (844) 986-7676.

*Fund performance inception: January 29, 2019

Index returns and sector returns are for illustrative purposes only and do not represent actual Fund performance. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged.

A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded.

ETFs have fees that reduce their performance: indexes do not. You cannot invest directly in an index. As of 12/31/2020 Aware Asset Management is no longer sub-advisor to the Fund.


Expense Ratio0.23%
Expense Ratio represents the Fund’s total operating expenses as a percentage of total assets.

Top 10 Holdings

Holdings subject to change.