OWNSImpact Shares Affordable Housing MBS ETF
OWNS Fund Description
OWNS seeks to generate current income from an actively managed portfolio of investment grade, fixed income securities backed by mortgage loans made to low- and moderate-income borrowers and minorities.
OWNS Factset Analytics Insight
OWNS is the first fund to focus on affordable housing loans for underserved US communities. Using a proprietary algorithm, the fund adviser screens mortgage origination tapes that provide information (address, income, debt levels of borrowers and other demographic details) necessary to identify loans that are made to low- and moderate-income earners and minorities, particularly in: a) racially or ethnically concentrated areas of poverty (R/ECAP), b) persistent poverty counties (PPCs), and c) majority-minority census tracts. The fund primarily invests in agency MBS issued/guaranteed by Ginnie Mae, Fannie Mae, and Freddie Mac, though the fund’s active mandate means that it may also include non-agency MBS specifically sourced from Community Development Financial Institutions (CDFIs) and minority-owned banks. At least 51% of the resulting MBS portfolio are backed by loans made to low- and moderate-income borrowers.
OWNS Summary Data
OWNS Portfolio Data
OWNS Index Data
OWNS Portfolio Management
OWNS Tax Exposures
OWNS Fund Structure
OWNS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of OWNS. OWNS is rated a N/A out of 5.
OWNS Sector/Industry Breakdown
OWNS Top 10 Holdings[View All]
OWNS Top 5 Countries
OWNS Top 5 Currencies
OWNS Performance Statistics
OWNS Holdings Statistics
OWNS Avg Life Maturity Distribution
OWNS 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.