NBTR | Total Return Bond ETF
ETF | Fixed Income
NBTR | Total Return Bond ETF
NET ASSET VALUE
$49.65
1 DAY NAV CHANGE
$-0.08
(-0.17%)YTD RETURN
0.16%
Why Invest
Dynamic & Diverse Sector Allocations
Utilize a broad opportunity set of fixed income sectors—not limited to benchmark sectors
Efficient Use of ‘Plus’ Sectors
Avoid static overweights to below-investment grade and emerging markets—dynamically adjust allocations based on portfolio managers’ relative value views
High Conviction Security Selection
Aims to be additive across credit market environments—best ideas approach built upon sector specialty research teams
Active Duration Management
Active management of interest rate and yield curve exposures within a moderate band—normally ±2 years of the benchmark
Fund Facts
Ticker: NBTR
CUSIP: 64135A846
Gross Expense Ratio1: 1.03%
Net Expense Ratio1: 0.37%
Inception Date: 12/17/2024
Returns & Distributions
- Daily
- Month End
- Quarter End
- Calendar Year
Performance data shown represents past performance and is no guarantee of future results. Past performance, particularly for brief periods of time, are not indicative of future returns. Performance will vary over time and over various market conditions. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Return information shown for less than one year is cumulative, not annualized. The Fund is new with no operating history to evaluate. Past performance, particularly for brief periods of time, are not indicative of future returns.
The market price is the official closing price as of the closing time of the NYSE Arca (typically 4 p.m., Eastern time). The net asset value (NAV) is determined as of the closing time of the NYSE (typically 4 p.m., Eastern time).
Indices do not take into account any fees or expenses of investing in the individual securities that they track. Individuals cannot invest directly in any index.
Top 10 Holdings
Net Asset Value is determined at the close of each business day, and represents the dollar value of one share of the Fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. ETF investors should not expect to buy or sell shares at NAV.
Premium/Discount: The amount the Fund’s closing price is trading above or below the reported NAV, expressed as a percentage of the NAV. When the Fund’s closing price is greater than the Fund’s NAV, it is said to be trading at a “premium” and the percentage is expressed as a positive number. When the Fund’s closing price is less than the Fund’s NAV, it is said to be trading at a “discount” and the percentage is expressed as a negative number.
30 Day Bid/Ask Spread: The median bid-ask spread (expressed as a percentage rounded to the nearest hundredth) is calculated by identifying the national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified.
30-Day Average Volume (Shares): The average number of shares traded in a security across all U.S. exchanges over the last 30 calendar days. Because ETFs trade like stocks at current market prices, shareholders may pay more than a Fund’s NAV when purchasing fund shares and may receive less than a Fund’s NAV when selling Fund shares. The premium and discount information contained on this website represents past performance and cannot be used to predict future results.
Net expense ratio represents the total annual operating expenses that shareholders pay (after the effect of fee waivers). The Fund’s investment manager has contractually undertaken to waive and/or reimburse certain fees and expenses of the Fund so that the total annual operating expenses (excluding interest, brokerage commissions, acquired fund fees and expenses, taxes including any expenses relating to tax reclaims, dividend and interest expenses relating to short sales, and extraordinary expenses, if any) of the Fund are limited to 0.37%. This undertaking lasts until 10/31/2028 and may not be terminated during its term without the consent of the Board of Trustees. The Fund has agreed that it will repay the Manager for fees and expenses waived or reimbursed for the Fund provided that repayment does not cause annual Operating Expenses to exceed 0.37% of the Fund's average net assets. Any such repayment must be made within three years after the year in which the Manager incurred the expense.
Net expense ratio represents the total annual operating expenses that shareholders pay (after the effect of fee waivers). The Fund’s investment manager has contractually undertaken to waive and/or reimburse certain fees and expenses of the Fund so that the total annual operating expenses (excluding interest, brokerage commissions, acquired fund fees and expenses, taxes including any expenses relating to tax reclaims, dividend and interest expenses relating to short sales, and extraordinary expenses, if any) of the Fund are limited to 0.37%. This undertaking lasts until 10/31/2028 and may not be terminated during its term without the consent of the Board of Trustees. The Fund has agreed that it will repay the Manager for fees and expenses waived or reimbursed for the Fund provided that repayment does not cause annual Operating Expenses to exceed 0.37% of the Fund's average net assets. Any such repayment must be made within three years after the year in which the Manager incurred the expense.
