CWA Income ETF (CWAI) is an actively managed exchange-traded fund incorporated in the USA that seeks to provide total return through a diversified portfolio of corporate bonds with varying maturities and equity securities; it normally limits equity investments to no more than 20% of total assets and may invest without limit in foreign-denominated securities. The fund, part of the conservative allocation category, offers exposure to multi-asset strategies blending fixed income and limited equity holdings for income generation and capital appreciation. It trades on the BATS exchange with net assets of approximately $7.94 million as of recent data.
Sponsored and managed by StrongVest Global Advisors, LLC, headquartered in Mooresville, North Carolina, CWAI operates primarily in U.S. markets while targeting investors seeking balanced total return with an emphasis on income stability. The fund serves retail and institutional investors through brokerage platforms, with administration by U.S. Bancorp Fund Services.
In 2019, StrongVest Global Advisors announced the termination and closure of CWAI, with shares ceasing regular trading on the Cboe BZX Exchange; despite this historical liquidation, the ticker remains listed on certain platforms with ongoing price quotes around $26.44 and year-to-date returns of about 10.86%. No recent partnerships, acquisitions, funding rounds, new product launches, or strategic expansions specific to CWAI have been reported in the last 1-2 years, reflecting its dormant status post-termination. Current availability appears limited, potentially to over-the-counter trading or residual holdings, with no active operations or updates from the sponsor.