The fund is an actively-managed exchange-traded fund ("ETF") that seeks to generate attractive current income while providing protection against rising interest rates (i.e., an interest rate hedge). The fund invests primarily in interest-only mortgage-backed securities ("MBS IOs") and U.S. Treasury bonds. Under normal circumstances, the fund will invest at least 80% of its net assets in income producing fixed income securities exhibiting alternative income characteristics. The fund is non-diversified.
Frequently asked questions
What is the FolioBeyond Rising Rates ETF (RISR) expense ratio?
The FolioBeyond Rising Rates ETF funds expense ratio is 1.13%.
What is FolioBeyond Rising Rates ETF (RISR) current stock price?
As of the latest data, FolioBeyond Rising Rates ETF stock price is $36.66, with a previous close of $36.61. FolioBeyond Rising Rates ETF gained $0.05 in the last trading session, representing a 0.13% increase.
Does FolioBeyond Rising Rates ETF (RISR) pay dividends?
Yes. FolioBeyond Rising Rates ETF pays monthly dividends with an annualized yield of 5.86% and an estimated annual payout of $2.15 per share.