Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Overlay Shares Municipal Bond ETF OVM
Morningstar’s Analysis OVM
Will OVM outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 99.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
iShares National Muni Bond ETF | 100.13 | 22.3 Mil | — |
DEPOSITS WITH BROKER FOR SHORT POSITIONS | 0.20 | 44,856 | Cash and Equivalents |
Cash Offset | 0.19 | 41,931 | — |
Put On S&P 500 Jun24 | 0.14 | 32,326 | — |
Put On S&P 500 Jun24 | 0.04 | 8,921 | — |
First American Government Obligs X | 0.03 | 7,211 | Cash and Equivalents |
Put On S&P 500 Jun24 | −0.28 | −62,273 | — |
Put On S&P 500 Jun24 | −0.46 | −102,155 | — |