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| CurrencyCode | USD |
|---|---|
| Exchange | NYSE ARCA |
| Beta | None |
|---|---|
| Market Cap | None |
| PE Ratio | None |
The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in investment-grade bonds and other fixed income securities. The fund invests in fixed- and floating-rate securities. Under normal circumstances, the fund maintains an average effective maturity of three years or less and an average portfolio duration of one year or less.
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