Bluemonte Core Bond ETF
BDBT
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 1400 Urban Center Drive Birmingham AL United States of America 35242
- IPO Date
- Jun 23, 2025
- CIK
- 0001415726
- Website
- bluemontefunds.com
- Similar Companies
- Business
- Bluemonte Core Bond ETF (NYSE Arca: BDBT) is an actively managed exchange-traded fund that seeks total return and income as a core fixed income allocation for investors. The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in investments that provide exposure to bonds, primarily a diversified mix of U.S. investment-grade bonds and bond exchange-traded funds (ETFs) across varying maturities and sectors including government, corporate, and structured products; its portfolio typically features significant allocations to leading bond ETFs such as iShares Core U.S. Aggregate Bond ETF (AGG) at approximately 40%, Schwab Intermediate-Term U.S. Treasury ETF (SCHR) at 25%, and iShares MBS ETF (MBB) at 15%, with an expense ratio of 0.23% and assets under management exceeding $330 million. Launched on June 23, 2025, as part of the Bluemonte ETF suite developed in partnership with RFG Advisory, LLC (sub-adviser) and Exchange Traded Concepts, LLC (investment adviser), the ETF is headquartered in Oklahoma City, Oklahoma, and distributed by SEI Investments Distribution Co.. In June 2025, BDBT debuted alongside eight other Bluemonte ETFs through one of the largest and most complex Section 351 exchange transactions in ETF history, converting over a thousand individual separately managed account (SMA) portfolios from RFG clients into this coordinated suite to enhance tax efficiency, reduce overlap, and streamline asset management for individual and institutional investors. The fund targets a broad investor base seeking intermediate fixed income exposure with dynamic duration positioning based on interest rate views and sector attractiveness, operating primarily in U.S. markets without notable subsidiaries or further major changes reported since its launch.