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 99.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
iShares National Muni Bond ETF | 100.09 | 22.6 Mil | — |
Put On S&P 500 Aug24 | 1.06 | 239,678 | — |
Put On S&P 500 Aug24 | 0.92 | 206,980 | — |
Put On S&P 500 Aug24 | 0.84 | 189,618 | — |
DEPOSITS WITH BROKER FOR SHORT POSITIONS | 0.59 | 132,100 | Cash and Equivalents |
Cash Offset | 0.47 | 106,010 | — |
Put On S&P 500 Aug24 | 0.27 | 60,336 | — |
First American Government Obligs X | 0.20 | 45,244 | Cash and Equivalents |
Put On S&P 500 Aug24 | −0.46 | −104,418 | — |
Put On S&P 500 Aug24 | −1.19 | −268,510 | — |