ETFMG Sit Ultra Short ETF
Name
As of 08/25/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$75.4 M
Holdings in Top 10
29.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.30%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 55.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 08/25/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VALT - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.77%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameETFMG Sit Ultra Short ETF
-
Fund Family NameETF Managers Trust
-
Inception DateOct 08, 2019
-
Shares Outstanding4625000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Rasmussen
Fund Description
VALT - Performance
Return Ranking - Trailing
Period | VALT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -2.4% | 3.7% | 60.00% |
1 Yr | N/A | -6.4% | 3.3% | 64.89% |
3 Yr | N/A* | -3.4% | 0.6% | 64.73% |
5 Yr | N/A* | -13.0% | 0.4% | 24.87% |
10 Yr | N/A* | -6.6% | 0.1% | 30.89% |
* Annualized
Return Ranking - Calendar
Period | VALT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.4% | -6.5% | 0.5% | 62.39% |
2022 | -0.5% | -2.1% | 0.3% | 51.89% |
2021 | -0.8% | -3.1% | 1.8% | 94.58% |
2020 | N/A | -1.2% | 6.1% | N/A |
2019 | N/A | -51.1% | 0.4% | N/A |
Total Return Ranking - Trailing
Period | VALT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -1.5% | 9.0% | 60.00% |
1 Yr | N/A | -3.3% | 8.7% | 64.89% |
3 Yr | N/A* | -2.4% | 4.5% | 64.73% |
5 Yr | N/A* | -11.0% | 3.4% | N/A |
10 Yr | N/A* | -4.9% | 3.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | VALT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.5% | -5.1% | 2.5% | 63.76% |
2022 | 0.2% | -2.1% | 14.5% | 36.32% |
2021 | 0.8% | -1.0% | 4.4% | 86.70% |
2020 | N/A | 0.3% | 9.6% | N/A |
2019 | N/A | -49.9% | 2.3% | N/A |
VALT - Holdings
Concentration Analysis
VALT | Category Low | Category High | VALT % Rank | |
---|---|---|---|---|
Net Assets | 75.4 M | 565 K | 120 B | 86.46% |
Number of Holdings | 56 | 1 | 3396 | 87.34% |
Net Assets in Top 10 | 26 M | -200 M | 16.1 B | 86.03% |
Weighting of Top 10 | 29.40% | 2.6% | 103.2% | 30.57% |
Top 10 Holdings
- First American Government Obligations Fund 4.25%
- CenterPoint Energy Inc 3.01%
- Citigroup Inc 2.95%
- Enbridge Inc 2.86%
- MT Bank Corp 2.82%
- First-Citizens Bank Trust Co 2.78%
- PNC Financial Services Group Inc/The 2.77%
- Celanese US Holdings LLC 2.70%
- Lincoln National Corp 2.70%
- Verizon Communications Inc 2.56%
Asset Allocation
Weighting | Return Low | Return High | VALT % Rank | |
---|---|---|---|---|
Bonds | 94.76% | 0.00% | 123.41% | 27.95% |
Convertible Bonds | 7.76% | 0.00% | 15.25% | 17.54% |
Cash | 5.24% | -24.02% | 100.00% | 45.41% |
Stocks | 0.00% | 0.00% | 3.35% | 95.63% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 94.76% |
Other | 0.00% | -10.38% | 3.22% | 93.89% |
Bond Sector Breakdown
Weighting | Return Low | Return High | VALT % Rank | |
---|---|---|---|---|
Corporate | 93.43% | 0.00% | 99.91% | 1.32% |
Cash & Equivalents | 4.25% | 0.00% | 100.00% | 45.85% |
Government | 3.40% | 0.00% | 100.00% | 40.35% |
Municipal | 1.93% | 0.00% | 70.39% | 13.16% |
Derivative | 0.00% | 0.00% | 23.15% | 80.35% |
Securitized | 0.00% | 0.00% | 100.00% | 98.68% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | VALT % Rank | |
---|---|---|---|---|
US | 94.76% | 0.00% | 100.00% | 27.95% |
Non US | 0.00% | 0.00% | 49.76% | 96.07% |
VALT - Expenses
Operational Fees
VALT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.30% | 0.08% | 18.10% | 79.65% |
Management Fee | 0.30% | 0.00% | 1.19% | 71.62% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
VALT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
VALT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | 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.
VALT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 55.00% | 0.00% | 369.54% | 32.98% |
VALT - Distributions
Dividend Yield Analysis
VALT | Category Low | Category High | VALT % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.35% | 13.60% |
Dividend Distribution Analysis
VALT | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
VALT | Category Low | Category High | VALT % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.77% | -1.30% | 14.86% | 23.98% |
Capital Gain Distribution Analysis
VALT | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Aug 03, 2023 | $0.241 | OrdinaryDividend |
Jul 06, 2023 | $0.274 | OrdinaryDividend |
Jun 05, 2023 | $0.218 | OrdinaryDividend |
May 03, 2023 | $0.202 | OrdinaryDividend |
Apr 05, 2023 | $0.158 | OrdinaryDividend |
Mar 03, 2023 | $0.133 | OrdinaryDividend |
Feb 03, 2023 | $0.132 | OrdinaryDividend |
Jan 03, 2023 | $0.138 | OrdinaryDividend |
Dec 05, 2022 | $0.121 | OrdinaryDividend |
Nov 03, 2022 | $0.125 | OrdinaryDividend |
Oct 05, 2022 | $0.105 | OrdinaryDividend |
Sep 06, 2022 | $0.149 | OrdinaryDividend |
Aug 03, 2022 | $0.091 | OrdinaryDividend |
Jul 06, 2022 | $0.061 | OrdinaryDividend |
Jun 03, 2022 | $0.046 | OrdinaryDividend |
May 04, 2022 | $0.030 | OrdinaryDividend |
Apr 05, 2022 | $0.026 | OrdinaryDividend |
Mar 03, 2022 | $0.015 | OrdinaryDividend |
Feb 03, 2022 | $0.016 | OrdinaryDividend |
Jan 03, 2022 | $0.019 | OrdinaryDividend |
Dec 03, 2021 | $0.017 | OrdinaryDividend |
Nov 03, 2021 | $0.017 | OrdinaryDividend |
Oct 05, 2021 | $0.023 | OrdinaryDividend |
Sep 03, 2021 | $0.040 | OrdinaryDividend |
Aug 04, 2021 | $0.034 | OrdinaryDividend |
Jul 06, 2021 | $0.036 | OrdinaryDividend |
Jun 03, 2021 | $0.023 | OrdinaryDividend |
May 05, 2021 | $0.024 | OrdinaryDividend |
Apr 06, 2021 | $0.032 | OrdinaryDividend |
Mar 03, 2021 | $0.028 | OrdinaryDividend |
Feb 03, 2021 | $0.029 | OrdinaryDividend |
Jan 06, 2021 | $0.033 | OrdinaryDividend |
Dec 03, 2020 | $0.032 | OrdinaryDividend |
Nov 04, 2020 | $0.037 | OrdinaryDividend |
Oct 05, 2020 | $0.040 | OrdinaryDividend |
Sep 03, 2020 | $0.053 | OrdinaryDividend |
Aug 05, 2020 | $0.058 | OrdinaryDividend |
Jul 06, 2020 | $0.080 | OrdinaryDividend |
Jun 03, 2020 | $0.089 | OrdinaryDividend |
May 05, 2020 | $0.091 | OrdinaryDividend |
Apr 03, 2020 | $0.085 | OrdinaryDividend |
Mar 04, 2020 | $0.073 | OrdinaryDividend |
Feb 05, 2020 | $0.086 | OrdinaryDividend |
Jan 06, 2020 | $0.042 | OrdinaryDividend |
Dec 04, 2019 | $0.083 | OrdinaryDividend |
Nov 05, 2019 | $0.072 | OrdinaryDividend |
VALT - Fund Manager Analysis
Managers
Christopher Rasmussen
Start Date
Tenure
Tenure Rank
Oct 08, 2019
2.65
2.7%
Chris joined Sit Investment Associates in February 1999, joining Sit Fixed Income in September 2002. He is responsible for taxable bond portfolio management and credit research. Chris received a B.S.B. in Finance with a minor in economics from the University of Minnesota Carlson School of Management in 2001. In 2004, he received an M.B.A with dual concentrations in finance and strategic management, also from the University of Minnesota Carlson School of Management. He currently serves as a member of the investment subcommittee for the Girl Scouts of Minnesota and Wisconsin River Valleys.
Bryce Doty
Start Date
Tenure
Tenure Rank
Oct 08, 2019
2.65
2.7%
Bryce A. Doty, Vice President – Investments, served as Senior Vice President and Senior Portfolio Manager of Sit Investment Fixed Income Advisors, Inc. Prior to joining Sit Investment Associates in 1995, Bryce gained extensive experience during his seven years with Minnesota Mutual in management consulting. Bryce earned his M.B.A. degree, with a concentration in finance, from the Carlson School of Management at the University of Minnesota in 1992. He earned a B.A. degree in business management, with minors in physics and psychology, from Hamline University in 1988. Bryce is a CFA charter holder.
Mark Book
Start Date
Tenure
Tenure Rank
Oct 08, 2019
2.65
2.7%
Mark joined Sit Investment Associates in August 2000 as a Portfolio Manager and Fixed Income Analyst. He is responsible for taxable bond portfolio management and credit research. Prior to joining SIA, Mark spent three years with U.S. Bancorp Piper Jaffray where he was Vice President and Senior Corporate Bond Strategist. Prior to U.S. Bancorp Piper Jaffray, he worked as a fixed income portfolio manager at Norwest Investment Management for one year and Insight Investment Management for six years. He also traded fixed income securities at Reliastar Financial Corporation (now ING) for five years. Mark received a B.A. in Accounting from the University of Minnesota in 1986. In 1992 he completed his M.B.A. with a concentration in finance at the University of Minnesota Carlson School of Management.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.62 | 7.92 |