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 99.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
iShares National Muni Bond ETF | 99.81 | 22.8 Mil | — |
DEPOSITS WITH BROKER FOR SHORT POSITIONS | 0.13 | 30,618 | Cash and Equivalents |
First American Government Obligs X | 0.12 | 27,750 | Cash and Equivalents |
Cash Offset | 0.09 | 21,221 | — |
Put On S&P 500 Jun24 | 0.08 | 18,211 | — |
Put On S&P 500 Jun24 | 0.08 | 17,293 | — |
Put On S&P 500 Jun24 | −0.16 | −35,861 | — |
Put On S&P 500 Jun24 | −0.16 | −36,240 | — |