Brookmont Catastrophic Bond ETF
ILS
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- United States of America
- IPO Date
- Apr 1, 2025
- Website
- benzinga.com
- Similar Companies
- Business
- Brookmont Catastrophic Bond ETF (NYSE Arca: ILS) is an actively managed exchange-traded fund that provides investors with exposure to catastrophe bonds, financial instruments that transfer natural disaster risks from insurers to capital markets; the fund invests primarily in a diversified portfolio of catastrophe bonds covering perils such as hurricanes, earthquakes, typhoons, wildfires, and windstorms across global regions including the United States, Japan, and Europe; it offers daily liquidity on the NYSE Arca, transparent holdings, and low correlation to traditional markets, with an expense ratio of 1.58%. The ETF, which commenced operations on April 1, 2025, is managed by Brookmont Capital Management LLC as the investment adviser and King Ridge Capital Advisors as the sub-adviser, headquartered in Dallas, Texas. Recent developments include Brookmont Capital Management's commitment in September 2025 to subsidize the ETF using firm capital to support liquidity and growth amid challenges in attracting a lead market maker and seed capital, with net assets reaching approximately $30.4 million and 1.5 million shares outstanding as of December 2025; the fund represents the first U.S.-listed ETF dedicated exclusively to catastrophe bonds in a market exceeding $50 billion.