F/M 10-Year Investment Grade Corporate Bond Etf
ZTEN
NASDAQ Global Market- -
USD
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Capital Structure
FRC
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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.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 3050 K Street NW, Suite 201 Washington DC United States of America 20007
- IPO Date
- Jan 19, 2024
- Website
- fminvest.com
- Similar Companies
- Business
- F/m Investments LLC (F/m Investments) serves as an investment adviser and sponsor of exchange-traded funds (ETFs), including the US Credit Series ETFs focused on investment grade corporate bonds; the US Benchmark Series ETFs providing precise exposure to US Treasury securities across the yield curve; the F/m Ultrashort Tax-Free Municipal ETF (ZMUN) targeting short-duration investment-grade municipal bonds; the F/m High Yield 100 ETF (ZTOP) offering diversified high yield exposure to established issuers; and the innovative Compoundr Series ETFs designed to address dividend tax drag through deferred taxation structures. The F/m 10-Year Investment Grade Corporate Bond ETF (ZTEN) tracks the Bloomberg US Liquid Corporate 10 Year Maturity Index by investing in the most recent current coupon investment grade corporate bonds with approximately 10-year maturities, featuring monthly rebalances for ongoing participation in new issues, optimal liquidity, and monthly dividend payments more frequent than those of the underlying bonds; the ETF holds approximately 251-260 positions with an expense ratio of 0.15% and assets under management exceeding $60 million. F/m Investments manages over $18 billion in total assets across more than 40 strategies in ETFs, mutual funds, and separately managed accounts, targeting institutional investors, advisors, and intermediaries seeking efficient fixed income and equity solutions with low volatility, competitive yields, and tax efficiency. Headquartered in Washington, DC, with additional offices in Boston, Chicago, Milwaukee, St. Louis, and Los Angeles, the firm operates primarily in the United States. In April 2024, F/m Investments completed a reorganization by combining with Ziegler Capital Management (dba ZCM), both majority-owned by F/m Managers Group, simplifying its brand structure and expanding total assets to $14 billion as of March 31, 2024 while enhancing access to portfolio managers and strategies. Recent product launches include ZMUN in late 2024 or early 2025 for tax-exempt municipal income with lower duration risk, the Compoundr Series ETFs as the first fixed income products addressing dividend tax drag, and in January 2024, the initial US Credit Series launch encompassing ZTEN, ZTWO (2-Year), and ZTRE (3-Year) in collaboration with Intercontinental Exchange (ICE) to create investable indices for precise maturity exposure. In December 2024, F/m Investments announced the transfer of its US Credit Series ETFs, including ZTEN, from NYSE Arca to Nasdaq to join other funds like the US Benchmark Series and F/m Opportunistic Income ETF (XFIX), aiming to enhance operational efficiency for its growing $16 billion bond ETF suite. The firm also received the 2025 MMI/Barron's Asset Manager of the Year Award for breakthrough solutions in innovation and execution.