Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)
| Assets | $32.89M |
| Expense Ratio | 1.07% |
| PE Ratio | 18.92 |
| Shares Out | 1.55M |
| Dividend (ttm) | $0.80 |
| Dividend Yield | 3.75% |
| Ex-Dividend Date | Dec 24, 2024 |
| Payout Ratio | 71.80% |
| 1-Year Return | -0.11% |
| Volume | 11,500 |
| Open | 21.39 |
| Previous Close | 21.20 |
| Day's Range | 21.39 - 21.54 |
| 52-Week Low | 20.81 |
| 52-Week High | 24.52 |
| Beta | 0.52 |
| Holdings | 61 |
| Inception Date | Oct 10, 2022 |
About HFND
Fund Home PageThe Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to outperform the hedge fund industry by taking long and short positions in broad-based ETFs and futures contracts. The fund attempts to build a portfolio with similar return characteristics to the hedge fund industry gross of fees returns. HFND was launched on Oct 10, 2022 and is issued by Unlimited.
Top 10 Holdings
111.28% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Broad USD High Yield Corporate Bond ETF | USHY | 31.58% |
| Cash Offset | n/a | 26.88% |
| MSCI Emerging Markets Index Future Mar 25 | n/a | 10.48% |
| Vanguard Value ETF | VTV | 8.50% |
| Vanguard Emerging Markets Government Bond ETF | VWOB | 7.43% |
| Vanguard Growth ETF | VUG | 7.07% |
| First American Government Obligations Fund | FGXXX | 5.99% |
| MSCI EAFE Index Future Mar 25 | n/a | 5.49% |
| DEPOSITS WITH BROKER FOR SHORT POSITIONS | n/a | 4.62% |
| iShares Agency Bond ETF | AGZ | 3.24% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2024 | $0.80435 | Dec 27, 2024 |
| Dec 27, 2023 | $0.29378 | Dec 29, 2023 |
| Dec 22, 2022 | $0.0875 | Dec 27, 2022 |
News
How Hedge Funds Were Positioned at End of 2024
In mid-February 2025, some in the media will be excitedly discussing what stocks were bought or sold by hedge funds in Q4 2024. However, thanks to the Unlimited Hedge Fund Barometer, we can understand...
These advisers say markets are expecting unrealistic outcomes. Here are some alternatives.
Stocks are poised for an upbeat finish to the best month of gains for 2023, as the fever pitch around Fed rate cuts next year grows. It's all teeing up nicely for that Santa rally, maybe.
Unlimited, co-founded by former Bridgewater exec Bob Elliott, said set to run investment strategy allocating between replicated hedge-fund styles
Unlimited Funds, the investment firm co-founded by former Bridgewater Associates executive Bob Elliott, is set to run a new strategy allocating between replicated styles of hedge-fund investing, accor...
Bob Elliott's Unlimited prepares to launch hedge-fund strategy ETFs
Bob Elliott's Unlimited Funds, an investment firm he started last year, is aiming to offer eight new exchange-traded funds, according to a filing with the U.S. Securities and Exchange Commission.
HFND: Not A Promising Start
The HFND ETF aims to replicate the gross returns of the hedge fund industry through ETFs and futures. The ETF is managed by Bob Elliott, a former fund manager at Bridgewater Associates.
Ex-Bridgewater exec Bob Elliott's Unlimited raises venture capital to help launch ETFs replicating hedge-fund, private-equity strategies
Unlimited Funds, an investment firm co-founded last year by former Bridgewater Associates executive Bob Elliott, has raised fresh capital to expand its offering of exchange-traded funds and market ins...
This investment firm is actively working toward a potential ETF mimicking private equity
Unlimited Funds is actively working toward a potential exchange-traded fund that would mimic private equity, an area of the market that ordinary investors haven't been able to access traditionally, ac...
HFND: Interesting Concept But Wait For More Data
The HFND ETF aims to replicate the gross returns of the hedge fund industry through ETFs and futures. It is managed by Bob Elliott, a former fund manager at Bridgewater Associates.
DBMF And HFND: Gain Alpha Amid Tough Markets
I argue that DBMF is performing well not because of just luck - it's the management's execution, quality, and well-timed positioning. You'll find a comparison of DBMF with some of its peers. This alte...