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 99.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
iShares National Muni Bond ETF | 99.59 | 22.4 Mil | — |
DEPOSITS WITH BROKER FOR SHORT POSITIONS | 0.55 | 124,196 | Cash and Equivalents |
Cash Offset | 0.27 | 61,058 | — |
Put On S&P 500 Jun24 | 0.12 | 27,144 | — |
Put On S&P 500 Jun24 | 0.09 | 20,691 | — |
Put On S&P 500 Jun24 | 0.08 | 17,051 | — |
First American Government Obligs X | 0.03 | 7,651 | Cash and Equivalents |
US DOLLARS | 0.00 | −102 | Cash and Equivalents |
Put On S&P 500 Jun24 | −0.20 | −45,396 | — |
Put On S&P 500 Jun24 | −0.26 | −58,729 | — |