UVA Unconstrained Medium-Term Fixed Income ETF (FFIU)
UVA Unconstrained Medium-Term Fixed Income ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Rocky Mount, NC, US. The stock last traded at $21.43, down 0.14% on the session, giving a market capitalisation of $53.7M. Its beta of 1.18 implies it has historically moved more than the broad market.
The UVA Unconstrained Medium-Term Fixed Income ETF's primary goal is to generate current income. It achieves this by predominantly investing in a diverse array of fixed-income instruments. These investments are specifically chosen to maintain a dollar-weighted average effective duration generally ranging between three and seven years. Typically, the fund's sub-adviser will dedicate a minimum of 80% of its net assets (along with any borrowed funds used for investment) to these types of securities. The category of fixed-income securities encompasses bonds, various debt instruments, and other income-producing assets, regardless of whether they are issued by government entities or private companies.
UVA Unconstrained Medium-Term Fixed Income ETF is most often compared with the following Financial Services names: