Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
ESG
Retire
Channels
Continue to site >
Trending ETFs
You take care of your investments. We like that.
Upgrade to Premium to access your Watchlist and more.
Or Login to Your Premium Account

AdvisorShares North Square McKee Core Reserves ETF

Active ETF
HOLD
Payout Change
Pending
Price as of:
$97.71 -0.03 -0.03%
primary theme
N/A
HOLD (ETF)

AdvisorShares North Square McKee Core Reserves ETF

Payout Change
Pending
Price as of:
$97.71 -0.03 -0.03%
primary theme
N/A
HOLD (ETF)

AdvisorShares North Square McKee Core Reserves ETF

Payout Change
Pending
Price as of:
$97.71 -0.03 -0.03%
primary theme
N/A

Name

As of 03/31/2023

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

AdvisorShares North Square McKee Core Reserves ETF

HOLD | Active ETF

$97.71

$36.6 M

3.37%

$3.30

0.35%

Vitals

YTD Return

1.2%

1 yr return

2.1%

3 Yr Avg Return

1.7%

5 Yr Avg Return

1.3%

Net Assets

$36.6 M

Holdings in Top 10

31.1%

52 WEEK LOW AND HIGH

$97.7
$96.85
$98.14

Expenses

OPERATING FEES

Expense Ratio 0.35%

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 03/31/2023

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

AdvisorShares North Square McKee Core Reserves ETF

HOLD | Active ETF

$97.71

$36.6 M

3.37%

$3.30

0.35%

HOLD - Profile

Distributions

  • YTD Total Return 1.2%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 1.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.84%
DIVIDENDS
  • Dividend Yield 3.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    AdvisorShares North Square McKee Core Reserves ETF
  • Fund Family Name
    AdvisorShares
  • Inception Date
    Jan 14, 2014
  • Shares Outstanding
    375000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jack White

Fund Description

The Fund is an actively managed exchange-traded fund (“ETF”). CSM Advisors, LLC (the “Sub-Advisor”) seeks to achieve the Fund’s investment objective by investing in a variety of fixed income securities, including bonds and mortgage-backed and asset-backed securities, issued by U.S. and, to a lesser extent, foreign issuers. The securities primarily will be U.S. dollar-denominated. The Fund will primarily invest in investment grade debt securities rated Baa- or higher by Moody’s Investors Service, Inc., or equivalently rated by Standard & Poor’s Ratings Services or Fitch, Inc., or, if unrated, determined by the Sub-Advisor to be of comparable quality using certain metrics as measures of comparison.

Mortgage-backed securities represent interests in pools of residential mortgage loans purchased from individual lenders by a federal agency or originated and issued by private lenders. Asset-backed securities represent interests in pools of underlying assets such as motor vehicle installment sales or installment loan contracts, leases of various types of real and personal property, and receivables from credit card agreements.

The average duration of the Fund will vary based on the Sub-Advisor’s forecast for interest rates and will generally not exceed one year. Duration is a measure used to determine the sensitivity of a security’s price to changes in interest rates. The longer a security’s duration, the more sensitive it will be to changes in interest rates. The dollar-weighted average portfolio maturity of the Fund is generally not expected to exceed three years.

In seeking to achieve its investment objective, the Fund also may invest in futures, swaps and forwards. On a day-to-day basis, the Fund may hold money market instruments, cash, other cash equivalents, and exchange traded products (“ETPs”) that invest in these and other highly liquid instruments to collateralize its derivative positions.

While investing in a particular market sector is not a strategy of the Fund, its portfolio may be significantly invested in one or more sectors as a result of the security selection decisions made pursuant to its strategy. As of June 30, 2022, a significant portion of the Fund’s portfolio was comprised of companies in the Financials Sector, although this may change from time to time.

Read More

HOLD - Performance

Return Ranking - Trailing

Period HOLD Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% -4.7% 2.6% 46.35%
1 Yr 2.1% -6.1% 6.9% 13.36%
3 Yr 1.7%* -2.9% 3.7% 14.35%
5 Yr 1.3%* -11.1% 2.6% 11.73%
10 Yr N/A* -5.1% 1.5% N/A

* Annualized

Return Ranking - Calendar

Period HOLD Return Category Return Low Category Return High Rank in Category (%)
2023 0.4% -6.4% 2.3% 8.70%
2022 -0.1% -1.6% 21.9% 29.02%
2021 0.2% -21.0% 5.8% 31.94%
2020 0.8% -9.4% 2.6% 9.31%
2019 0.4% -12.9% 6.1% 5.08%

Total Return Ranking - Trailing

Period HOLD Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% -6.5% 2.6% 50.21%
1 Yr 2.1% -6.1% 6.9% 13.36%
3 Yr 1.7%* -2.9% 3.7% 14.35%
5 Yr 1.3%* -11.1% 2.6% 11.73%
10 Yr N/A* -5.1% 1.5% N/A

* Annualized

Total Return Ranking - Calendar

Period HOLD Return Category Return Low Category Return High Rank in Category (%)
2023 0.4% -6.4% 2.3% 8.70%
2022 -0.1% -1.6% 21.9% 29.02%
2021 0.2% -21.0% 5.8% 31.94%
2020 0.8% -9.4% 2.6% 9.31%
2019 0.4% -12.9% 6.1% 7.34%

HOLD - Holdings

Concentration Analysis

HOLD Category Low Category High HOLD % Rank
Net Assets 36.6 M 24.5 K 19.8 B 92.15%
Number of Holdings 73 1 3396 85.06%
Net Assets in Top 10 11.4 M -200 M 16.1 B 81.33%
Weighting of Top 10 31.08% 2.6% 100.0% 31.47%

Top 10 Holdings

  1. United States Treasury Notes 1.125% 6.57%
  2. United States Treasury Notes 0.14% 6.39%
  3. United States Treasury Notes 1.875% 5.81%
  4. United States Treasury Notes 0.125% 5.44%
  5. United States Treasury Notes 1.12% 5.08%
  6. United States Treasury Notes 1.38% 4.71%
  7. United States Treasury Notes 1.5% 4.11%
  8. United States Treasury Notes 1.375% 4.00%
  9. United States Treasury Notes 1.25% 3.99%
  10. United States Treasury Notes 1.75% 3.59%

Asset Allocation

Weighting Return Low Return High HOLD % Rank
Bonds 		84.12% 0.00% 123.41% 44.81%
Cash 		15.89% -24.02% 100.00% 44.40%
Stocks 		0.00% 0.00% 3.35% 75.10%
Preferred Stocks 		0.00% 0.00% 0.00% 74.69%
Other 		0.00% -10.38% 3.22% 77.59%
Convertible Bonds 		0.00% 0.00% 15.25% 93.78%

Bond Sector Breakdown

Weighting Return Low Return High HOLD % Rank
Securitized 		44.15% 0.00% 100.00% 21.99%
Corporate 		32.56% 0.00% 99.91% 63.49%
Cash & Equivalents 		15.89% 0.00% 100.00% 44.40%
Government 		7.40% 0.00% 100.00% 34.44%
Derivative 		0.00% 0.00% 23.15% 79.25%
Municipal 		0.00% 0.00% 70.39% 88.38%

Bond Geographic Breakdown

Weighting Return Low Return High HOLD % Rank
US 		78.45% 0.00% 100.00% 27.80%
Non US 		5.67% 0.00% 72.88% 69.71%

HOLD - Expenses

Operational Fees

HOLD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.03% 4.12% 54.39%
Management Fee 0.30% 0.00% 1.19% 71.49%
12b-1 Fee 0.00% 0.00% 1.00% 22.34%
Administrative Fee 0.03% 0.01% 0.40% 2.88%

Sales Fees

HOLD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.25% 1.00% N/A

Trading Fees

HOLD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 1.00% 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.

HOLD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 369.54% 82.46%

HOLD - Distributions

Dividend Yield Analysis

HOLD Category Low Category High HOLD % Rank
Dividend Yield 3.37% 0.00% 4.70% 16.60%

Dividend Distribution Analysis

HOLD Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

HOLD Category Low Category High HOLD % Rank
Net Income Ratio 0.84% -1.30% 14.86% 19.83%

Capital Gain Distribution Analysis

HOLD Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

HOLD - Fund Manager Analysis

Managers

Jack White

Start Date

Tenure

Tenure Rank

Nov 01, 2021

0.58

0.6%

Jack White joined C.S. McKee in 1997 as a fixed income analyst and was promoted to portfolio manager in 1999. His primary responsibility is to make investment decisions related to the government and structured securities sectors. He also provides input into the sector allocation, duration and yield-curve decisions. A Chartered Financial Analyst, Mr. White holds an MBA degree in Finance and a Bachelor's degree in Finance from Youngstown State University.

Brian Allen

Start Date

Tenure

Tenure Rank

Nov 01, 2021

0.58

0.6%

Brian Allen joined C.S. McKee in 1999 as a fixed income portfolio manager and has held that position since that time. He is primarily responsible for investment decisions related to the mortgage-backed and asset-backed sectors. He also provides input to the sector-allocation, duration and yield-curve decisions. Prior to joining C.S. McKee, Mr. Allen managed fixed income funds for institutional clients at Patterson Capital Corporation in Los Angeles from 1993 until 1998. Prior to that Mr. Allen worked as an equity and fixed income manager for C&S/Sovran Trust Company from 1987 to 1991. A Chartered Financial Analyst, Mr. Allen holds an MBA degree in Finance from the Wharton School and a Bachelor's degree in Business Administration from James Madison University.

Bryan Johanson

Start Date

Tenure

Tenure Rank

Nov 01, 2021

0.58

0.6%

Bryan Johanson joined C.S. McKee in 1994 as a fixed income portfolio manager and has held that position since that time. His primary responsibility is security selection within the corporate sector. He also provides input to the sector-allocation, duration and yield-curve decisions. Prior to joining to C.S. McKee, Mr. Johanson was a manager of mortgage-backed and asset backed securities for the Indiana Corporate Federal Credit Union from 1992 until joining McKee. Prior to that Mr. Johanson worked as an analyst for National City Bank from 1988 to 1992. A Chartered Financial Analyst, Mr. Johanson holds an MBA degree in Finance from Indiana University and a Bachelor's degree in Accounting from Bowling Green University.

Andrew Faderewski

Start Date

Tenure

Tenure Rank

Nov 01, 2021

0.58

0.6%

Andrew Faderewski joined C.S. McKee in 2007 as a portfolio accountant and was promoted to fixed income analyst in 2008. His primary responsibilities include monitoring portfolio analytics, managing client reporting and compliance, and performing various economic and sector research. A Chartered Financial Analyst, Mr. Faderewski received his BS in Finance and Investment Management from Duquesne University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 32.44 6.54 7.92

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×