Tidal ETF Trust II - Gateway Senior Secured Credit Opportunities ETF
SECD
New York Stock Exchange Arca- -
USD
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- -
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
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Michael Jeremy Venuto
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 898 North Broadway Massapequa NY United States of America 11758
- IPO Date
- Dec 5, 2022
- Similar Companies
- Business
- Tidal ETF Trust II - Gateway Senior Secured Credit Opportunities ETF (SECD) is an actively managed exchange-traded fund that seeks to generate consistent income and preserve capital by investing primarily in USD-denominated first lien senior secured floating rate loans and secured bonds issued by North American businesses, typically rated below investment grade and acquired in the secondary market at a discount; the fund may also hold cash equivalents and other fixed income instruments to support its strategy. Launched on December 5, 2022, SECD operates within the broad debt segment of the fixed income market, targeting institutional and retail investors seeking high yield exposure with a focus on senior secured credit opportunities. The ETF is part of Tidal ETF Trust II, a registrant domiciled in Wilmington, Delaware, with principal executive offices historically associated with addresses in Milwaukee, Wisconsin, and Massapequa, New York, and managed by Tidal Investments LLC under advisor Toroso Investments, LLC. Gateway Credit Partners, led by founder Tim Gramatovich with over 37 years of experience in leveraged finance, provides the investment sub-advisory services for SECD, leveraging expertise in structured credit vehicles, limited partnerships, and high-yield bond ETFs. The fund's net expense ratio stands at 0.95%, with assets under management recently reported around $498,000 and a low beta of 0.23, reflecting its conservative positioning within high yield fixed income . Tidal ETF Trust II, as the broader trust platform, supports multiple ETF series focused on innovative strategies across asset classes. In recent developments, Tidal Financial Group, the parent platform sponsoring Tidal ETF Trust II, announced a strategic partnership with FundVantage Trust in October 2025 to streamline ETF creation, combining full-stack services including trust administration, compliance, trading, and marketing to accelerate product launches for advisers. This alliance enhances operational scalability for funds like SECD amid the ETF industry's growth inflection point. No specific acquisitions, funding rounds, or product relaunches directly tied to SECD have been reported in the last 1-2 years, though the trust continues to evolve through platform-wide enhancements.