Strive Enhanced Income Short Maturity ETF (BUXX)
Strive Enhanced Income Short Maturity ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Dallas, TX, US. The stock last traded at $20.23, up 0.05% on the session, giving a market capitalisation of $320.9M. Its beta of 0.01 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund (ETF), employing an "enhanced cash strategy," aims to achieve its investment objectives by primarily allocating at least 80% of its net assets to high-quality debt instruments. Under typical market conditions, these holdings consist of U.S. dollar-denominated fixed-rate and floating-rate bonds and other debt securities that meet investment-grade criteria. The fund generally seeks to maintain a portfolio with a dollar-weighted average maturity of less than two years and a dollar-weighted average duration of under one year. It is important to note that the fund operates as a non-diversified entity.
Strive Enhanced Income Short Maturity ETF is most often compared with the following Financial Services names: