NASDAQ (USD): Defiance Treasury Alternative Yield ETF (TRES)
Last Price
16.89
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Exchange: Nasdaq Nasdaq
Currency: USD USD
Sector: Financial Services - Financial Services Financial Services - Financial Services
Full Time Employees: 0 0
IPO Date: 2014-03-27 2014-03-27
ISIN: US88636J6340 US88636J6340
Beta: 0.00 0.00
Last Dividend: 0.91 0.91
Dcf Diff: 0.00 0.00
Dcf: 0.00 0.00
The fund is an actively-managed exchange-traded fund that seeks to generate current income by: (i) investing in U.S. government securities, including U.S. Treasury bills, U.S. Treasury notes, and U.S. Treasury bonds with a targeted portfolio duration of one year or less; and (ii) employing defined risk option strategies. These strategies include credit spreads, debit spreads, long calls, and long puts. To implement these risk strategies, the fund will purchase and sell option contracts on selected exchange-traded Treasury funds. The fund will not invest directly in Treasury ETFs. The fund is non-diversified.