BTCClearShares Piton Intermediate Fixed Income ETF
BTC Fund Description
BTC is actively managed to invest in a variety of USD-denominated bonds with an average portfolio maturity of 0-10 years, carrying an investment-grade rating.
BTC Factset Analytics Insight
BTC invests in US corporate and government debt obligations, mortgage-backed, commercial mortgage-backed and asset-backed securities as well repurchase agreements collateralized by US debt obligations. The Sub-adviser selects securities both on a top-down macroeconomic approach and on a bottom-up security-level analysis. Macroeconomic factors may include monetary, fiscal, and regulatory policies, market valuations and volatility, inflation, and supply and demand. The portfolio managers combines their assessment of these macroeconomic factors into the team’s outlook for interest rates, sector strengths or weaknesses, and liquidity, that will ultimately shape the fund’s overall risk profile. The average portfolio maturity is targeted at of 0-10 years. Prior to April 16, 2021 the fund's ticker was PIFI. Grayscale, owner of Bitcoin fund GBTC purchased a stake in ClearShares ETFs.
BTC Portfolio Management
BTC Tax Exposures
BTC Fund Structure
BTC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BTC. BTC is rated a N/A out of 5.
BTC Performance Statistics
BTC Holdings Statistics
BTC Avg Life Maturity Distribution
BTC OAS Breakdown
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.