The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus borrowings for investment purposes) in debt securities and other instruments that have economic characteristics similar to such securities. It principally invests in U.S.-dollar denominated, investment-grade securities and seeks to typically maintain a dollar-weighted average portfolio maturity of zero to ten years.
Frequently asked questions
What is the ClearShares Piton Intermediate Fixed Income ETF (PIFI) expense ratio?
The ClearShares Piton Intermediate Fixed Income ETF funds expense ratio is 0.45%.
What is ClearShares Piton Intermediate Fixed Income ETF (PIFI) current stock price?
As of the latest data, ClearShares Piton Intermediate Fixed Income ETF stock price is $91.83, with a previous close of $91.82. ClearShares Piton Intermediate Fixed Income ETF gained $0.01 in the last trading session, representing a 0.01% increase.
Does ClearShares Piton Intermediate Fixed Income ETF (PIFI) pay dividends?
Yes. ClearShares Piton Intermediate Fixed Income ETF pays quarterly dividends with an annualized yield of 3.57% and an estimated annual payout of $3.28 per share.