ACVT – Advent Convertible Bond ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide a total return, from income and appreciation, by investing in U.S. convertible securities and U.S. Dollar-denominated (“USD”) convertible securities. Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in convertible securities issued by U.S.-domiciled companies and in USD denominated convertible securities issued by foreign-domiciled companies that are traded on U.S. exchanges.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
ACVT	Advent Convertible Bond ETF	ETF	Open	—		Apr 29, 2025	$42.88M	0.650%	—	—	$14.45M

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