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Donoghue Forlines Tactical High Yield ETF

ETF
ABHY
Payout Change
Pending
Price as of:
$19.05 -0.01 -0.05%
primary theme
N/A
ABHY (ETF)

Donoghue Forlines Tactical High Yield ETF

Payout Change
Pending
Price as of:
$19.05 -0.01 -0.05%
primary theme
N/A
ABHY (ETF)

Donoghue Forlines Tactical High Yield ETF

Payout Change
Pending
Price as of:
$19.05 -0.01 -0.05%
primary theme
N/A

Name

As of 01/03/2025

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Donoghue Forlines Tactical High Yield ETF

ABHY | ETF

$19.05

$29.5 M

44.36%

$8.45

0.93%

Vitals

YTD Return

0.0%

1 yr return

3.1%

3 Yr Avg Return

-4.4%

5 Yr Avg Return

N/A

Net Assets

$29.5 M

Holdings in Top 10

125.3%

52 WEEK LOW AND HIGH

$19.1
$19.05
$21.47

Expenses

OPERATING FEES

Expense Ratio 0.93%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 01/03/2025

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Donoghue Forlines Tactical High Yield ETF

ABHY | ETF

$19.05

$29.5 M

44.36%

$8.45

0.93%

ABHY - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return -4.4%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 44.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Donoghue Forlines Tactical High Yield ETF
  • Fund Family Name
    N/A
  • Inception Date
    Dec 07, 2020
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

To pursue its investment objective, the Fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the Underlying Index. The Underlying Index is sponsored and maintained by FCF Indexes LLC (the "Index Provider"), an affiliate of FCF Advisors LLC, the Fund's investment adviser (the "Adviser"). The Underlying Index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to exchange-traded funds (“ETFs”) that investment primarily in high yield debt instruments (also known as “junk bonds”) (“High Yield Bond ETFs”). The Fund intends to maintain a portfolio of securities that generally replicates the holdings of the Underlying Index.
To be eligible for inclusion in the Underlying Index, a High Yield Bond ETF must: (i) be U.S. listed; (ii) invest primarily in U.S. high yield debt instruments; (iii) have more than $1 billion in assets under management (“AUM”); (iv) have an expense ratio of less than 0.50%; and (v) have an investment process that excludes factors, hedges and long/short strategies. Eligible High Yield Bond ETFs are weighted based on their expenses (lower expenses increase weighting) and AUM (greater AUM increases weighting). These securities comprise the “High Yield Bond Portfolio” of the Underlying Index.
The types of high yield debt instruments in which a High Yield Bond ETF may invest include corporate bonds or other bonds or debt instruments that are generally rated below investment grade, which are those rated lower than Baa3 by Moody’s Investors Service, Inc. (“Moody’s”) or lower than BBB- by S&P Global Ratings ("S&P"). High Yield Bond ETFs may invest up to 100% of their respective assets in instruments generally rated below Caa3 by Moody’s or CCC- by S&P.
The Underlying Index utilizes a proprietary, rules-based methodology that employs a tactical overlay that is intended to provide downside protection to the High Yield Bond ETF allocations. The tactical overlay will provide either a “buy signal” or a “sell signal,” which are used to determine whether the Underlying Index will be in a bullish (i.e., fully invested long position) or defensive posture, respectively. When a “buy signal” is triggered, the Underlying Index will be comprised entirely of High Yield Bond ETFs. When a “sell signal” is triggered, the Underlying Index will eliminate 80% of its High Yield Bond ETF allocations in exchange for ETFs that invest primarily in intermediate-term U.S. Treasury securities and/or other cash equivalents (“Intermediate-Term Treasury ETFs”). The tactical overlay will provide buy or sell signals on a daily basis. Please review the portfolio holdings information on the Fund's website at www.fcf-funds.com to determine whether the Fund is in a bullish or defensive posture prior to making an investment in the Fund.
To be eligible for inclusion in the Underlying Index, an Intermediate-Term Treasury ETF must: (i) be U.S. listed; (ii) invest primarily in intermediate-term U.S. Treasury securities (i.e., those with durations typically between 3.5 and 6 years) and/or other cash equivalents; (iii) have more than $1 billion in AUM; (iv) have an expense ratio of 0.15% or less; and (v) have an investment process that excludes factors, hedges and long/short strategies. Eligible Intermediate-Term Treasury ETFs are weighted and ranked based on their expenses (lower expenses increase weighting) and AUM (greater AUM increases weighting). These securities comprise the “U.S. Treasury Portfolio” of the Underlying Index.
Allocations to the High Yield Bond Portfolio are rebalanced quarterly and reconstituted annually. The composition of the U.S. Treasury Portfolio is also rebalanced quarterly and reconstituted annually. The Fund is generally rebalanced and reconstituted in accordance with the Underlying Index. Allocations implemented pursuant to the tactical overlay are determined at the close of trading on each business
day, based on the signal triggered, and become effective at the close of trading on the following business day. The Fund will generally implement tactical overlay allocations in accordance with the Underlying Index.
The Fund can use derivative instruments, including exchange-traded futures contracts, to gain exposure to component securities of the Underlying Index.
Donoghue Forlines LLC, the Fund’s sub-adviser (the “Sub-Adviser”), may engage in active and frequent trading of the Fund’s portfolio securities to achieve the Fund’s investment objective.
The Fund will concentrate its investments (i.e., invest more than 25% of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated.
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ABHY - Performance

Return Ranking - Trailing

Period ABHY Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% N/A N/A N/A
1 Yr 3.1% N/A N/A N/A
3 Yr -4.4%* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period ABHY Return Category Return Low Category Return High Rank in Category (%)
2024 -9.3% N/A N/A N/A
2023 2.7% N/A N/A N/A
2022 -17.0% N/A N/A N/A
2021 -2.0% N/A N/A N/A
2020 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period ABHY Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% N/A N/A N/A
1 Yr 3.1% N/A N/A N/A
3 Yr -4.4%* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period ABHY Return Category Return Low Category Return High Rank in Category (%)
2024 2.2% N/A N/A N/A
2023 2.7% N/A N/A N/A
2022 -17.0% N/A N/A N/A
2021 -2.0% N/A N/A N/A
2020 N/A N/A N/A N/A

ABHY - Holdings

Concentration Analysis

ABHY Category Low Category High ABHY % Rank
Net Assets 29.5 M N/A N/A N/A
Number of Holdings 16 N/A N/A N/A
Net Assets in Top 10 36.8 M N/A N/A N/A
Weighting of Top 10 125.28% N/A N/A N/A

Top 10 Holdings

  1. Mount Vernon Liquid Assets Portfolio, LLC 32.42%
  2. Vanguard Intermediate-Term Treasury ETF 24.56%
  3. iShares U.S. Treasury Bond ETF 21.03%
  4. Schwab Intermediate-Term U.S. Treasury ETF 15.54%
  5. iShares 3-7 Year Treasury Bond ETF 9.54%
  6. SPDR Portfolio Intermediate Term Treasury ETF 9.17%
  7. iShares Broad USD High Yield Corporate Bond ETF 4.56%
  8. SPDR Bloomberg High Yield Bond ETF 3.78%
  9. iShares iBoxx $ High Yield Corporate Bond ETF 2.88%
  10. Xtrackers USD High Yield Corporate Bond ETF 1.80%

Asset Allocation

Weighting Return Low Return High ABHY % Rank
Stocks 		99.87% N/A N/A N/A
Cash 		32.60% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Other 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High ABHY % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High ABHY % Rank
US 		99.87% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

ABHY - Expenses

Operational Fees

ABHY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.93% N/A N/A N/A
Management Fee 0.69% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

ABHY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

ABHY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ABHY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

ABHY - Distributions

Dividend Yield Analysis

ABHY Category Low Category High ABHY % Rank
Dividend Yield 44.36% N/A N/A N/A

Dividend Distribution Analysis

ABHY Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly

Net Income Ratio Analysis

ABHY Category Low Category High ABHY % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

ABHY Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

ABHY - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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