VictoryShares Core Plus Bond ETF (UBND)
VictoryShares Core Plus Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Antonio, TX, US. The stock last traded at $21.38, up 0.07% on the session, giving a market capitalisation of $1.94B. Its beta of 0.94 implies it has historically moved less than the broad market.
Typically, the fund allocates a minimum of 80% of its total assets to fixed-income instruments, including bonds, as well as financial derivatives and other holdings that mirror the economic profile of such debt. Its primary investment focus is on securities possessing a dollar-weighted average maturity ranging from three to ten years. While predominantly holding investment-grade debt, the portfolio has the flexibility to allocate up to 20% of its net assets to lower-rated, speculative instruments often known as high-yield or "junk" bonds.
VictoryShares Core Plus Bond ETF is most often compared with the following Financial Services names: