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 MSCI ESG Analytics Insight
ClearShares Piton Intermediate Fixed Income ETF has an MSCI ESG Fund Rating of A based on a score of 5.81 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ClearShares Piton Intermediate Fixed Income ETF ranks in the 45th percentile within its peer group and in the 23th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
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 MSCI ESG Ratings
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.