Performance Trust Short Term Bond ETF - STBF STOCK NEWS

Welcome to our dedicated page for Performance Trust Short Term Bond ETF news (Ticker: stbf), a resource for investors and traders seeking the latest updates and insights on Performance Trust Short Term Bond ETF stock.

Performance Trust Short Term Bond ETF (STBF) is a newly launched exchange traded fund by PT Asset Management, LLC (PTAM), a boutique fixed-income asset manager based in Chicago. With $7.7 billion in assets under management as of March 31, 2024, PTAM has established a reputable presence in the fixed-income investing sector.

STBF distinguishes itself through a diversified, actively managed short-term bond strategy leveraging PTAM's proprietary Shape Management methodology. This unique investment process challenges conventional bond metrics, avoiding reliance on macroeconomic predictions. Instead, it utilizes a disciplined, mathematical approach to analyze the risk-return profile of a bond's future cash flows, aiming to provide excess returns regardless of interest rate movements.

The ETF's underlying portfolio includes a broad spectrum of fixed-income sectors such as CLOs, Auto ABS, Municipals, and CMBS, all of which are meticulously selected to deliver strong returns in varying market conditions while maintaining high credit quality. PTAM's team of seasoned experts, who have successfully navigated numerous credit cycles, actively manages STBF to capitalize on pricing and structural inefficiencies.

STBF aims to address common gaps found in typical short-term bond funds by presenting a compelling tool for enhancing existing portfolios, especially in light of current interest rate volatility and investor concerns. As an investor-preferred, tax-efficient wrapper, the ETF allows broader access to PTAM's innovative fixed-income strategies.

Founded on a distinctive interest-rate agnostic approach, PTAM seeks to deliver superior long-term results across various market environments. The company offers multiple products, including mutual funds and separately managed accounts for institutional investors.

For more information about STBF and PT Asset Management, visit PTAM.com.

Disclosure: The Fund's investment objectives, risks, charges, and expenses must be considered carefully before investing. The summary and statutory prospectuses contain this and other important information about the investment company and may be obtained by calling 1.877.738.9095. Read carefully before investing. Investing involves risk. Loss of principal is possible. Fixed-income securities held by the Fund are subject to interest rate risk, call risk, prepayment and extension risk, credit risk, and liquidity risk. Interest rates may go up resulting in a decrease in the value of the fixed-income securities held by the Fund. An issuer may not make timely payments of principal and interest. An issuer may 'call,' or repay, its high yielding bonds before their maturity dates. Fixed-income securities subject to prepayment can offer less potential for gains during a declining interest rate environment and similar or greater potential for loss in a rising interest rate environment. Limited trading opportunities for certain fixed-income securities may make it more difficult to sell or buy a security at a favorable price or time. In addition to the normal interest rate, default, and other risks of fixed-income securities, CDOs and CLOs carry additional risks, including the possibility that distributions from collateral securities may not be adequate to make interest or other payments, the quality of the collateral may decline in value or default, the Fund may invest in CDOs and CLOs that are subordinate to other classes, values may be volatile, and disputes with the issuer may produce unexpected investment results. High-yield fixed-income securities or 'junk bonds' are fixed-income securities rated below investment grade by a NRSRO. Although junk bonds generally pay higher rates of interest than higher-rated securities, they are subject to a greater risk of loss of income and principal. Junk bonds are subject to greater credit risk than higher-grade securities and have a higher risk of default. RMBS are subject to the risks generally associated with fixed-income securities and mortgage-backed securities. Credit risk on RMBS arises from losses due to delinquencies and defaults by borrowers in payments on the underlying mortgages. The rate of delinquencies and defaults on RMBS and the amount of the resulting losses depend on a number of factors, including general economic conditions, particularly those in the area where the related mortgaged property is located, the level of the borrower's equity in the mortgaged property and the individual financial circumstances of the borrower. The Fund's use of derivatives may cause losses due to the unexpected effect of market movements on a derivative's price, or because the derivatives do not perform as anticipated, or are not correlated with the performance of other investments which they are used to hedge. Because the use of derivative instruments often creates economic leverage, the Fund's investments in derivatives could create exposure greater than the value of the securities in the Fund's portfolio. Investing in derivative instruments involves risks different from, and possibly greater than, the risks associated with investing directly in securities and other traditional investments. The Fund is a recently organized, management investment company with no operating history. As a result, prospective investors have a limited track record on which to base their investment decision. There is also a risk that the Fund will not grow to or maintain an economically viable size, in which case it could ultimately liquidate without shareholder approval. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns. PT Asset Management, LLC ('PTAM') is the advisor to the PTAM Funds, which are distributed by Foreside Fund Services, LLC ('Foreside'). PTAM and Foreside are not affiliated.