PIFI - Clearshares Piton Intermediate Fixed Income ETF
| Assets | $29.70M |
| NAV | $99.01 |
| Expense Ratio | 0.45% |
| PE Ratio | n/a |
| Beta (5Y) | -0.13 |
| Dividend (ttm) | $0.02 |
| Dividend Yield | 0.02% |
| Ex-Dividend Date | Mar 29, 2021 |
| 1-Year Return | - |
| Trading Day | April 15 |
| Last Price | $99.01 |
| Previous Close | $99.01 |
| Change ($) | 0.00 |
| Change (%) | 0.00% |
| Day's Open | - |
| Day's Range | 99.01 - 99.05 |
| Day's Volume | - |
| 52-Week Range | 98.46 - 100.14 |
Fund Description
The investment seeks current income consistent with the long term preservation of capital. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus borrowings for investment purposes) in debt securities and in derivatives and other instruments that have economic characteristics similar to such securities. It principally invests in U.S.-dollar denominated, investment-grade securities and seeks to typically maintain a dollar-weighted average portfolio maturity of zero to ten years. The fund is non-diversified.
| Asset Class Fixed Income | Inception Date Oct 2, 2020 |
| Exchange NYSEARCA | Ticker Symbol PIFI |
Top 10 Holdings
66.75% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligs X | FGXXX | 48.83% |
| United States Treasury Notes 0.25% | n/a | 4.37% |
| ClearShares Ultra-Short Maturity ETF | OPER | 3.61% |
| United States Treasury Notes 0.12% | T 0.125 10/15/23 | 2.18% |
| Federal Home Loan Mortgage Corporation 0.12% | n/a | 1.62% |
| Federal Home Loan Mortgage Corporation 0.38% | n/a | 1.60% |
| United States Treasury Notes 0.62% | T 0.625 08/15/30 | 1.49% |
| Federal National Mortgage Association 0.75% | n/a | 1.26% |
| United States Treasury Notes 0.12% | TII 0.125 07/15/30 | 0.91% |
| Federal National Mortgage Association 0.62% | n/a | 0.88% |
Plus, a number of funds made changes to their names and indexes.
On Friday, ClearShares announced that the ClearShares Piton Intermediate Fixed Income ETF (NYSE: PIFI) will begin trading on October 2, 2020, on the New York Stock Exchange. Piton Investment Management ...