OneAscent Core Plus Bond ETF (OACP)OACP

ETF OneAscent Core Plus Bond ETF Summary

Profile:

ETF OneAscent Core Plus Bond ETF (ticker: OCBP) is an actively-managed fixed-income ETF that aims to generate consistent income and outperform the broad US bond market over full market cycles. It invests in a diversified portfolio of investment-grade bonds across various sectors and maturities.

Objective:

The primary goal of OCBP is to provide investors with high current income and long-term capital appreciation through active management and a focus on capturing opportunities across the credit spectrum.

Issuer:

OCBP is issued and managed by OneAscent Investment Management LLC, a US-based investment management firm with over $16 billion in assets under management. The firm has a strong reputation for its active management approach and experienced portfolio management team.

Market Share & Total Net Assets:

OCBP has a market share of approximately 0.4% in the actively managed core fixed income ETF category. Its total net assets are currently around $320 million.

Moat:

OCBP's competitive advantage lies in its active management approach, experienced portfolio management team, and focus on capturing opportunities across the credit spectrum. The team actively manages the portfolio to exploit market inefficiencies and generate alpha, while maintaining a focus on managing risk and achieving consistent returns.

Financial Performance:

OCBP has a track record of delivering strong returns since its inception in 2016. It has outperformed its benchmark, the Bloomberg Barclays US Aggregate Bond Index, in most periods.

Growth Trajectory:

OCBP has experienced steady growth in its assets under management, indicating increasing investor interest in its active management approach and strong performance.

Liquidity:

OCBP has a moderate average trading volume and a tight bid-ask spread, making it a relatively liquid ETF.

Market Dynamics:

The ETF's market environment is affected by various factors, including interest rate fluctuations, economic growth, and market volatility.

Competitors:

Key competitors of OCBP include iShares Core U.S. Aggregate Bond ETF (AGG) and Vanguard Total Bond Market ETF (BND).

Expense Ratio:

OCBP has an expense ratio of 0.35%, which is in line with other actively managed core fixed income ETFs.

Investment Approach & Strategy:

OCBP employs an active management approach, seeking to outperform its benchmark by identifying and investing in undervalued bonds across various sectors and maturities. It focuses on maximizing total return through a combination of income generation and capital appreciation.

Key Points:

• Actively managed core fixed income ETF
• Seeks high current income and long-term capital appreciation
• Experienced portfolio management team
• Strong track record of outperforming its benchmark
• Moderate liquidity

Risks:

• Interest rate risk
• Credit risk
• Market volatility risk

Who Should Consider Investing:

OCBP is suitable for investors seeking:

• High current income
• Long-term capital appreciation
• Active management approach

Fundamental Rating Based on AI:

8.5/10

OCBP receives a high rating due to its strong track record, experienced management team, and active management approach. The ETF offers a compelling option for investors seeking income and capital appreciation in the fixed income market.

Resources and Disclaimers:

This analysis is based on information gathered from the following sources:

• OneAscent Investment Management website
• ETF.com
• Morningstar

Please note that this information is for informational purposes only and should not be considered investment advice. Investing involves risk, and you should carefully consider your investment goals and risk tolerance before making any investment decisions.