Weitz Core Plus Bond ETF (WCPB)
Weitz Core Plus Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Omaha, NE, US. The stock last traded at $25.11, up 0.04% on the session, giving a market capitalisation of $6.2M. Its beta of 0.11 implies it has historically moved less than the broad market.
The Weitz Core Plus Bond ETF (WCPB) is an actively managed fund primarily focused on generating a steady stream of income and safeguarding its principal investment. A secondary goal for this exchange-traded fund is to achieve long-term growth in capital. The portfolio is diversified across a wide range of fixed-income instruments, including U.S. government bonds, various structured products (such as mortgage-backed and asset-backed securities), corporate debt, different types of loans, and bonds issued by foreign governments. Up to twenty-five percent of its assets may be allocated to higher-yielding, higher-risk debt. Additionally, the fund may occasionally employ derivative instruments for purposes of risk management or to enhance its overall investment strategy.
Weitz Core Plus Bond ETF is most often compared with the following Financial Services names: