Morningstar

Overlay Shares Municipal Bond ETF OVM

Morningstar Medalist Rating
Medalist Rating as of | See Liquid Strategies Investment Hub

Morningstar’s Analysis OVM

Will OVM outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable OVM’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the OVM management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of OVM’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Overlay Shares Municipal Bond ETF holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings OVM

More OVM Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 98.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares National Muni Bond ETF

99.32 43M
—

First American Government Obligs X

0.81 348,049
Cash and Equivalents

Cash Offset

0.30 128,052
—

OTHER ASSETS AND LIABILITIES

0.16 71,209
—

Put On S&P 500 Jul26

0.16 69,965
—

Put On S&P 500 Jul26

0.07 29,178
—

Put On S&P 500 Jul26

0.05 21,806
—

Put On S&P 500 Jul26

−0.10 −41,967
—

Put On S&P 500 Jul26

−0.21 −89,193
—

Put On S&P 500 Jul26

−0.56 −243,002
—

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