FolioBeyond Enhanced Fixed Income Premium ETF
FIXP
New York Stock Exchange Arca19.93
USD
+0.02
(-0.16%)
FolioBeyond Enhanced Fixed Income Premium ETF
FIXP
(New York Stock Exchange Arca)
Recent
price
19.93
P/E
ratio
13.24
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) is an actively managed exchange-traded fund that seeks current income and long-term capital appreciation through dynamic allocation across bond sector exchange-traded funds and option overlay strategies. The fund employs the proprietary FolioBeyond Fixed Income Model, a factor-based multisector fixed income approach that invests in bond sector ETFs covering investment-grade corporate bonds, high-yield corporate bonds, municipal bonds, mortgage-backed securities, U.S. Treasuries and other broad credit fixed income sectors; it enhances returns by selling covered or uncovered call and put options and spreads on these underlying ETFs and broad-based bond market ETFs to generate additional premium income. FIXP operates primarily in U.S. fixed income markets, targeting institutional and retail investors seeking core-plus, multisector or nontraditional fixed income solutions with sector rotation alpha, portfolio diversification, income enhancement and tax efficiency. Launched on January 22, 2025, and listed on the New York Stock Exchange, FIXP represents the latest product from FolioBeyond, LLC, an investment manager founded in 2017 and headquartered at 1325 Avenue of the Americas in New York. The fund complements FolioBeyond's existing offerings, including the Alternative Income and Interest Rate Hedge ETF (RISR), which manages approximately $120 million in assets and holds a 5-star Morningstar rating as of December 31, 2024. With a gross expense ratio of 1.07%, including acquired fund fees and expenses of 0.37%, FIXP aims to outperform the Bloomberg U.S. Aggregate Bond Index through its quantamental strategy integrating quantitative algorithms and active management.
Money Market ETFs: New Ways to Reach for Yield in 2025
New Bond ETF From FolioBeyond Offers Active Options Overlay