Strive Launches Actively Managed Fixed Income Funds That Prioritize Maximizing Shareholder Value
- Strive has launched two actively managed fixed income funds, providing investors with core choices for portfolios.
- The Strive Total Return Bond ETF (STXT) seeks to maximize total return over a market cycle.
- The Strive Enhanced Income Short Maturity ETF (BUXX) aims to provide enhanced income with minimal price volatility.
- Both funds will be managed by Matt Cole, who has a track record of outperforming benchmarks.
- Strive has partnered with Angel Oak Capital Advisors to sub-advise the funds.
- None.
- The Strive Total Return Bond ETF (STXT) is an actively managed bond fund that provides core fixed income exposure seeking to maximize total return over a full market cycle.
- The Strive Enhanced Income Short Maturity ETF (BUXX) is an actively managed ultrashort bond fund with a duration of one year or less seeking to provide enhanced income while minimizing price volatility.
Both funds will be managed by Strive's CEO & CIO, Matt Cole, who previously oversaw more than
The launch of these funds comes at a time when the investment community is increasingly aware of the implications of Environmental, Social, and Governance (ESG) factors on fixed income investments. The Federal Reserve's estimation that dollar and euro denominated green corporate bonds may offer lower yields than conventional bonds underscores the importance optimizing investor returns over meeting arbitrary ESG standards.1
“Strive recognizes the significance of these trends and remains committed to prioritizing superior financial performance without consideration of non-pecuniary factors,” said Cole. “Our new fixed income funds are a testament to Strive's unwavering dedication to helping investors achieve their financial goals. Through these offerings, we aim to provide solutions that align with investors' objectives."
Investors interested in learning more about the Strive Total Return Bond ETF (STXT) and the Strive Enhanced Income Short Maturity ETF (BUXX) can find additional information at www.strivefunds.com.
- The Green Corporate Bond Issuance Premium - Federal Reserve Board, www.federalreserve.gov/econres/ifdp/files/ifdp1346.pdf.
About Strive: Strive is an
IMPORTANT INFORMATION:
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call 855-427-7360 or visit our website at www.strivefunds.com. Read the prospectus or summary prospectus carefully before investing.
Investments involve risk. Principal loss is possible.
Investments in fixed-income securities are subject to but not limited to the following risks: Interest Rate Risk: As interest rates rise, bond prices fall and vice versa, long-term securities tend to rise and fall more than short-term securities. Credit Risk: The financial condition of an issuer of a debt security or other instrument may cause such issuer to default, become unable to pay interest or principal.
Specific risks for STXT and BUXX can be found here.
The Strive ETFs are distributed by Quasar Distributors, LLC.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230811336948/en/
1-614-704-0711
For media / PR inquiries, please contact Elizabeth Aucamp at elizabeth@javelindc.com
Source: Strive
FAQ
What are the new funds launched by Strive?
Who will manage the funds?
What is the objective of the Strive Total Return Bond ETF (STXT)?
What is the objective of the Strive Enhanced Income Short Maturity ETF (BUXX)?