CAFX – Congress Intermediate Bond ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to maximize total return. The fund principally invests in U.S.-dollar denominated, investment-grade securities and seeks to typically maintain a dollar-weighted average portfolio maturity of zero to ten years and are rated at time of issuance in the top four rating categories of a Nationally Recognized Statistical Rating Organization, or unrated and deemed to be of comparable quality by the Advisor.

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
CAFX	Congress Intermediate Bond ETF	ETF	Open	—		Sep 9, 2024	$309.55M	0.350%	—	—	−$48.41M

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