BNDS – Infrastructure Capital Bond Income ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to maximize current income with a secondary objective to pursue strategic opportunities for capital appreciation. The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income securities. The Adviser will construct the fund’s portfolio by investing in a range of bonds, including municipal bonds, government bonds, and corporate bonds.

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
BNDS	Infrastructure Capital Bond Income ETF	ETF	Open	—		Jan 14, 2025	$86.02M	0.880%	—	—	$76.23M

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