ClearShares Piton Intermediate Fixed Income ETF
Name
As of 10/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.0%
1 yr return
8.0%
3 Yr Avg Return
0.0%
5 Yr Avg Return
N/A
Net Assets
$95.9 M
Holdings in Top 10
26.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.45%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 10/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PIFI - Profile
Distributions
- YTD Total Return 3.0%
- 3 Yr Annualized Total Return 0.0%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 2.9%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameClearShares Piton Intermediate Fixed Income ETF
-
Fund Family NameN/A
-
Inception DateOct 01, 2020
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrian Lockwood
Fund Description
PIFI - Performance
Return Ranking - Trailing
Period | PIFI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.0% | -50.1% | 6.9% | 94.69% |
1 Yr | 8.0% | -25.4% | 139.4% | 2.88% |
3 Yr | 0.0%* | -13.0% | 100.8% | N/A |
5 Yr | N/A* | -10.0% | 55.1% | N/A |
10 Yr | N/A* | -7.4% | 12.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | PIFI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.2% | -75.2% | 1360.6% | 0.75% |
2022 | -8.3% | -14.5% | 1027.9% | N/A |
2021 | -1.6% | -9.6% | 118.7% | N/A |
2020 | N/A | -11.4% | 5.8% | N/A |
2019 | N/A | -49.5% | 12.4% | N/A |
Total Return Ranking - Trailing
Period | PIFI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.0% | -50.1% | 6.9% | 95.24% |
1 Yr | 8.0% | -25.4% | 139.4% | 2.79% |
3 Yr | 0.0%* | -13.0% | 100.8% | N/A |
5 Yr | N/A* | -10.0% | 55.1% | N/A |
10 Yr | N/A* | -7.4% | 13.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PIFI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.6% | -75.2% | 131.9% | 0.66% |
2022 | -7.2% | -14.5% | 1027.9% | N/A |
2021 | -1.3% | -9.6% | 118.7% | N/A |
2020 | N/A | -11.4% | 5.8% | N/A |
2019 | N/A | -7.0% | 12.4% | N/A |
PIFI - Holdings
Concentration Analysis
PIFI | Category Low | Category High | PIFI % Rank | |
---|---|---|---|---|
Net Assets | 95.9 M | 1.19 M | 287 B | 84.59% |
Number of Holdings | 77 | 1 | 17234 | 91.67% |
Net Assets in Top 10 | 25.8 M | -106 M | 27.6 B | 82.34% |
Weighting of Top 10 | 26.85% | 3.7% | 100.0% | 56.58% |
Top 10 Holdings
- United States Treasury Note/Bond 5.14%
- United States Treasury Note/Bond 2.96%
- United States Treasury Note/Bond 2.51%
- United States Treasury Note/Bond 2.50%
- United States Treasury Note/Bond 2.40%
- United States Treasury Note/Bond 2.39%
- United States Treasury Note/Bond 2.33%
- United States Treasury Note/Bond 2.32%
- United States Treasury Note/Bond 2.22%
- United States Treasury Note/Bond 2.09%
Asset Allocation
Weighting | Return Low | Return High | PIFI % Rank | |
---|---|---|---|---|
Bonds | 99.00% | 3.97% | 268.18% | 58.21% |
Cash | 1.00% | -181.13% | 95.99% | 41.67% |
Stocks | 0.00% | -0.98% | 24.74% | 32.22% |
Preferred Stocks | 0.00% | 0.00% | 77.13% | 36.41% |
Other | 0.00% | -13.23% | 23.06% | 12.23% |
Convertible Bonds | 0.00% | 0.00% | 10.39% | 45.47% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PIFI % Rank | |
---|---|---|---|---|
Cash & Equivalents | 0.25% | 0.00% | 95.99% | 57.07% |
Derivative | 0.00% | 0.00% | 25.16% | 36.68% |
Securitized | 0.00% | 0.00% | 98.79% | 97.46% |
Corporate | 0.00% | 0.00% | 100.00% | 14.04% |
Municipal | 0.00% | 0.00% | 100.00% | 14.13% |
Government | 0.00% | 0.00% | 86.23% | 5.62% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PIFI % Rank | |
---|---|---|---|---|
US | 99.00% | 3.63% | 210.09% | 19.57% |
Non US | 0.00% | -6.54% | 58.09% | 89.13% |
PIFI - Expenses
Operational Fees
PIFI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.45% | 0.01% | 2.93% | 66.33% |
Management Fee | 0.45% | 0.00% | 1.76% | 76.06% |
12b-1 Fee | N/A | 0.00% | 1.00% | 0.58% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
PIFI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PIFI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PIFI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 2.00% | 493.39% | 31.31% |
PIFI - Distributions
Dividend Yield Analysis
PIFI | Category Low | Category High | PIFI % Rank | |
---|---|---|---|---|
Dividend Yield | 2.93% | 0.00% | 12.67% | 92.81% |
Dividend Distribution Analysis
PIFI | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
PIFI | Category Low | Category High | PIFI % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.28% | 8.97% | 98.83% |
Capital Gain Distribution Analysis
PIFI | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 27, 2024 | $0.690 | OrdinaryDividend |
Jun 27, 2024 | $0.192 | OrdinaryDividend |
Mar 26, 2024 | $0.559 | OrdinaryDividend |
Dec 27, 2023 | $0.652 | OrdinaryDividend |
Sep 27, 2023 | $0.932 | OrdinaryDividend |
Jun 28, 2023 | $0.169 | OrdinaryDividend |
Mar 29, 2023 | $0.367 | OrdinaryDividend |
Dec 21, 2022 | $0.364 | OrdinaryDividend |
Sep 28, 2022 | $0.489 | OrdinaryDividend |
Jun 28, 2022 | $0.079 | OrdinaryDividend |
Mar 29, 2022 | $0.171 | OrdinaryDividend |
Dec 15, 2021 | $0.073 | OrdinaryDividend |
Sep 28, 2021 | $0.122 | OrdinaryDividend |
Jun 28, 2021 | $0.029 | OrdinaryDividend |
Mar 29, 2021 | $0.017 | OrdinaryDividend |
PIFI - Fund Manager Analysis
Managers
Brian Lockwood
Start Date
Tenure
Tenure Rank
Oct 01, 2020
1.66
1.7%
Mr. Lockwood has been a portfolio manager for the Adviser since 2019 and is the Head of Fixed Income of Piton Investment Management (“Piton”). He has over twenty years’ experience managing fixed income portfolios. Prior to joining Piton in 2018, Mr.Lockwood was a senior portfolio manager and the team leader of the fixed income division in the Private Bank Investment Management Group of HSBC. Prior to joining HSBC, he worked as a fixed income manager for Ramius Capital Group and DLJ/Credit Suisse Asset Management. Lockwood has also traded fixed income securities for Spear, Leads, & Kellogg and began his career in the institutional trading/sales division of National Westminster Bank, NA.
Ralph Chan
Start Date
Tenure
Tenure Rank
Oct 01, 2020
1.66
1.7%
Mr. Chan serves as Senior Vice President on the Investment team at Piton Investment Management, L.P. Prior to joining Piton, Mr. Chan worked at HSBC Private Bank as a Vice President and Senior Trader in the Investment Management Group. He joined HSBC in 2005, where he worked closely with the Fixed Income team to grow, maintain and create portfolio mandates. He managed the tactical cash portfolios in accordance with specific guidelines. Along with the Investment Management Group, he helped oversee five Fixed Income and Equity strategies. He has over a decade of trading experience in Fixed Income and Equity markets. Prior to joining HSBC, he worked as a trade specialist at Brown Brothers Harriman and Co.’s Investment Management team. Ralph graduated cum laude from the Zicklin School of Business with a B.B.A. in Finance and Investments.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 33.43 | 6.76 | 1.16 |