ATAC Credit Rotation ETF (JOJO)
ATAC Credit Rotation ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $14.70, up 0.03% on the session, giving a market capitalisation of $5.7M. Its beta of 1.44 implies it has historically moved more than the broad market.
Under typical market conditions, the ATAC Credit Rotation ETF (JOJO) commits a minimum of 80% of its total investable capital (comprising both its net assets and any funds borrowed for investment purposes) to credit-oriented instruments. This substantial allocation can be made either directly or indirectly, through other exchange-traded funds (ETFs) that maintain the same mandate of investing at least 80% of their own assets, plus borrowings, in credit-related securities. The category of credit-related securities is broad, encompassing various debt instruments like fixed-income securities, general debt obligations, and loans. It also extends to any investments that exhibit similar economic characteristics to these core debt and lending products. JOJO is structured as a non-diversified fund.
ATAC Credit Rotation ETF is most often compared with the following Financial Services names: