Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest 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 98.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
iShares National Muni Bond ETF | 99.47 | 20.4 Mil | — |
First American Government Obligs X | 1.94 | 397,005 | Cash and Equivalents |
DEPOSITS WITH BROKER FOR SHORT POSITIONS | 0.99 | 202,997 | Cash and Equivalents |
Cash Offset | 0.95 | 194,854 | — |
Put On S&P 500 May24 | 0.29 | 58,946 | — |
Put On S&P 500 May24 | 0.26 | 52,320 | — |
Put On S&P 500 May24 | 0.24 | 48,973 | — |
Put On S&P 500 May24 | 0.22 | 45,655 | — |
Put On S&P 500 May24 | −0.52 | −106,610 | — |
Put On S&P 500 May24 | −0.55 | −112,052 | — |