Key stats
About EVOLVE FUNDS GROUP INC. ENHANCED YIELD BOND FUND
Home page
Inception date
Feb 15, 2024
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Evolve Funds Group, Inc.
The fund seeks income and long-term capital appreciation, primarily investing in fixed income securities or ETFs from the United States and Canada. These securities may come from government and corporate issuers with credit ratings ranging from investment grade or high yield and within any maturity bracket. The portfolio holdings are selected based on factors such as AUM, liquidity, distribution yield, and management expense ratios. A covered call option strategy is employed to enhance yield, mitigate risk, and reduce volatility. The level of covered call option writing is based on market volatility and other factors, up to 100% of the fund's value.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.93%
Cash0.34%
Rights & Warrants−0.27%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BOND.U top holdings are iShares 20+ Year Treasury Bond ETF and Vanguard Long-Term Treasury ETF, occupying 59.92% and 40.01% of the portfolio correspondingly.
BOND.U assets under management is 31.71 M USD. It's fallen 2.51% over the last month.
BOND.U fund flows account for −5.15 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, BOND.U doesn't pay dividends to its holders.
BOND.U shares are issued by Evolve Funds Group, Inc. under the brand Evolve. The ETF was launched on Feb 15, 2024, and its management style is Active.
BOND.U follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BOND.U invests in funds.
BOND.U price has fallen by −0.93% over the last month, and its yearly performance shows a −12.10% decrease. See more dynamics on BOND.U price chart.
NAV returns, another gauge of an ETF dynamics, showed a −4.15% decrease in three-month performance and has increased by 2.07% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −4.15% decrease in three-month performance and has increased by 2.07% in a year.
BOND.U trades at a premium (0.96%) meaning the ETF is trading at a higher price than the calculated NAV.