Tactical Income ETF (TBND)
Tactical Income ETF operates in the Asset Management - Income industry of the Financial Services sector. The stock last traded at $23.48, up 0.11% on the session, giving a market capitalisation of $27.3M. Its beta of 0.00 implies it has historically moved less than the broad market.
This fund aims to generate an overall return for investors. To achieve this objective, it invests in exchange-traded funds (ETFs) that primarily focus on a range of assets, including fixed income securities, real estate investment trusts (REITs), master limited partnerships (MLPs), dividend-paying equity stocks (such as utility companies), and exchange-traded notes (ETNs). The fund may also utilize ETFs that are structured to provide the inverse return of various asset classes, specifically high-yield bonds, U.S. Treasury securities, REITs, MLPs, utilities, and other dividend stocks.
Tactical Income ETF is most often compared with the following Financial Services names: