EERN

DriveWealth Power Saver ETF
*Unless otherwise stated, data provided by FactSet.

EERN Fund Description

EERN is a fund-of-funds that actively-manages a portfolio of corporate and government bonds around the globe without regards to maturity and credit quality. The fund uses proprietary optimization tool to target an 8% net distribution yield.

EERN Factset Analytics Insight

EERN is a fund-of-funds that focuses on income producing securities of any credit quality and maturity around the globe. The fund invests in fixed income ETFs of corporate and government debts, asset-backed and mortgage-back securities, preferred securities as well as in money market funds. EERN aims for an annualized yield 8% with monthly distribution. The fund will use YieldX’s optimization tool to achieve this target yield and allocate across opportunities in the attempt to minimize risk and volatility. Eligible securities and their associated yields and expected risk profiles are updated daily. EERN is actively-managed, it may frequently trade its holdings and may result in additional taxable gains.

PERFORMANCE [as of 11/30/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EERN -2.46% -3.62% -- -- -- -- --
EERN (NAV) -3.24% -4.33% -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays Multiverse -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EERN Summary Data

DriveWealth
07/27/21
Open-Ended Fund
1.49%
$239.50K
$526.89
0.46%

EERN Portfolio Data

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N/A
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EERN Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays Multiverse

EERN Portfolio Management

1.49%
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EERN Tax Exposures

20.00% / 39.60%
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Ordinary income
No

EERN Fund Structure

Open-Ended Fund
No
No
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N/A
N/A
Low
Daily

EERN Factset Analytics Block Liquidity

As of 12/01/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of EERN. EERN is rated a N/A out of 5.

EERN Tradability

31
$526.89
2
0
0.46%
$0.11
-0.03%
0.11% / -0.18%
None
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25,000
0.00
0.08%
4.15%
0
$23.77
N/A

EERN Top 10 Holdings[View All]

15.42%
15.38%
14.90%
14.85%
14.76%
11.37%
4.01%
4.00%
3.02%
99.45%

EERN Performance Statistics

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EERN Holdings Statistics

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EERN Avg Life Maturity Distribution

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EERN OAS Breakdown

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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.