For Financial Professionals in the US

SCRD Sustainable Corporate Bond ETF

Actively managed corporate credit portfolio employing positive and negative screens to identify U.S. companies constructively advancing ESG principles

NAV
$41.83
As of 01/30/2023

1-Day Change
-$0.12 (-0.29%)
As of 01/30/2023

YTD Return
3.75%
As of 01/30/2023

Overview

ABOUT THIS ETF

An actively managed, investment grade-focused corporate credit ETF seeking to generate risk-adjusted excess returns, while aligning with positive environmental and societal outcomes. Through our investment framework, we aim to invest in issuers with strong or improving ESG characteristics, and identify opportunities on the right side of disruption.

WHY INVEST IN THIS ETF

  • Active Sustainability: Aims to identify ESG leaders and mitigate downside risk through proprietary forward-looking ratings and corporate engagement
  • Research-Driven Conviction: Actively managed portfolio, utilizing a disciplined, research-driven investment process
  • Return Focused: Seeks competitive risk-adjusted returns focused on taking the intended level of risk throughout the cycle

Manage Wealth with a Sense of Purpose

PORTFOLIO MANAGEMENT

Michael Keough

Portfolio Manager

Industry since 2006. Joined Firm in 2007.

Brad Smith

Portfolio Manager

Industry since 2010. Joined Firm in 2010.

Performance

RETURNS (%) (As of 12/31/2022)
NAV Market Price Bloomberg U.S. Corporate Bond Index
 
3M YTD 1YR Since Inception
(09/08/2021)
NAV 2.84 -15.71 -15.71 -12.86
Market Price 2.94 -15.62 -15.62 -12.76
Bloomberg U.S. Corporate Bond Index 3.63 -15.76 -15.76 -12.65
RETURNS (%) (As of 12/31/2022)
NAV Market Price Bloomberg U.S. Corporate Bond Index
 
3M YTD 1YR Since Inception
(09/08/2021)
NAV 2.84 -15.71 -15.71 -12.86
Market Price 2.94 -15.62 -15.62 -12.76
Bloomberg U.S. Corporate Bond Index 3.63 -15.76 -15.76 -12.65

PREMIUM/DISCOUNT HISTORY

DISTRIBUTION OVERVIEW
Ex-DateRecord DatePayable DateOrdinary IncomeShort-Term Capital GainsLong-Term Capital GainsTotal Distribution
12/23/202212/27/202212/30/2022$0.1078420 $0.0000000$0.0000000$0.1078420
12/01/202212/02/202212/07/2022$0.1100530$0.0000000$0.0000000$0.1100530
11/01/202211/02/202211/07/2022$0.1001900$0.0000000$0.0000000$0.1001900
10/03/202210/04/202210/07/2022$0.0947010$0.0000000$0.0000000$0.0947010
09/01/202209/02/202209/08/2022$0.0951230$0.0000000$0.0000000$0.0951230
08/01/202208/02/202208/05/2022$0.0879780$0.0000000$0.0000000$0.0879780
07/01/202207/05/202207/08/2022$0.0859930$0.0000000$0.0000000$0.0859930
View Full History

MORNINGSTAR PERCENTILE

(As Of 12/31/2022)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 44 - - - -
Corporate Bond Category|Rank/Count 69/216 -/- -/- -/- -/-
(As Of 12/31/2022)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 44 - - - -
Corporate Bond Category|Rank/Count 69/216 -/- -/- -/- -/-

Portfolio

Index represents the Bloomberg U.S. Corporate Bond Index

Top Holdings (As of 01/27/2023)
% of Fund
State Street Corp|4.857|01/26/2026, 4.86%, 01/26/26 1.54
Cooperatieve Rabobank UA|3.75|07/21/2026, 3.75%, 07/21/26 1.45
CF Hippolyta Issuer LLC|1.98|03/15/2061, 1.98%, 03/15/61 1.35
JPMorgan Chase & Co|2.182|06/01/2028, 2.18%, 06/01/28 1.34
Aon Corp / Aon Global Holdings PLC|5|09/12/2032, 5.00%, 09/12/32 1.29
CoStar Group Inc|2.8|07/15/2030, 2.80%, 07/15/30 1.27
Ecolab Inc|2.7|11/01/2026, 2.70%, 11/01/26 1.23
Venture Global Calcasieu Pass LLC|6.25|01/15/2030, 6.25%, 01/15/30 1.21
Natwest Group PLC|3.032|11/28/2035, 3.03%, 11/28/35 1.13
Adobe Inc|3.25|02/01/2025, 3.25%, 02/01/25 1.13
View full holdings
Portfolio Characteristics (As of 01/27/2023)
 
Number of Holdings
Debt Issues
188
Portfolio Turnover Rate
(1-year trailing)
87.64%
Weighted Average Maturity
(years)
9.60
Effective Duration
(years)
7.11
Yield to Worst
4.95%

Yield to Worst calculation excludes cash.

Sector Allocation % OF FUND % OF FUND (As of 01/27/2023)
Regional Allocation % OF FUND % OF FUND (As of 01/27/2023)
Maturity Breakdown of Fixed Income Holdings % OF FUND % OF FUND (As of 01/27/2023)
Credit Quality of Fixed Income Holdings % OF FUND % OF FUND (As of 01/27/2023)

Documents