Obra Opportunistic Structured Products ETF
OOSP
New York Stock Exchange Arca- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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
- 650 Fifth Avenue, 23rd Floor New York NY United States of America 10019
- IPO Date
- Apr 10, 2024
- Website
- etfpages.com
- Similar Companies
- Business
- Obra Opportunistic Structured Products ETF (OOSP) is an actively managed exchange-traded fund that seeks to generate current income with a focus on principal preservation by investing primarily in a diversified mix of securitized products, including asset-backed securities (ABS), mortgage-backed securities (MBS), residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), collateralized debt obligations (CDOs), collateralized mortgage obligations (CMOs), and collateralized loan obligations (CLOs); the fund employs an opportunistic strategy, allocating across various capital structures and duration profiles based on prevailing market conditions to maximize risk-adjusted returns. OOSP trades on the NYSE Arca exchange under the ticker OOSP with a net expense ratio of 0.90% and is part of the multisector bond category. The ETF's portfolio includes holdings such as Goldman Sachs Financial Square Government Fund, BX Trust securities, Marlette Funding Trust notes, OBRA CLO securities, and Pagaya AI Debt Grantor Trust bonds, among others. Launched on April 9, 2024, by Obra Fund Management, LLC—a subsidiary of Obra Capital, Inc.—OOSP represents a key expansion into the ETF market alongside the simultaneous launch of the related Obra High Grade Structured Products ETF (OGSP). Obra Capital, founded in 2009 and headquartered at 437 Madison Avenue, 26th Floor, New York, NY, with additional offices in Austin, TX, and Montpelier, VT, manages approximately $6.6 billion in assets across specialized alternative investment strategies in structured credit, insurance-linked securities, asset-based finance, and longevity. The firm, which oversees OOSP's portfolio management through professionals including Matt Roesler and Peter Polanskyj, targets institutional investors and targets markets emphasizing quantifiable risk mitigation in less crowded segments of the fixed-income landscape. In recent developments, Obra Capital entered a strategic partnership with Aquarian Holdings in October 2023, under which Aquarian acquired a minority equity stake to support Obra's growth in structured credit and CLO platforms; this alliance has bolstered capabilities ahead of the OOSP launch and ongoing portfolio expansions into new securitized issuances like OBRA CLO Ltd. and Pagaya AI Debt securities observed in 2024-2025 holdings. No major acquisitions, funding rounds, or reorganizations specific to OOSP have been reported in the last two years beyond these launches and standard ETF operations. The fund maintains a U.S. domicile and focuses on domestic and global structured product markets without notable geographic expansions outside North America.