OACP
OneAscent Core Plus Bond ETF
The OneAscent Core Plus Bond ETF (OACP) seeks total return, with an emphasis on income as the source of that total return, while giving special consideration to certain values-based and impact criteria.
Key Uniques:
Diversify Traditional Fixed Income Allocations
OACP is constructed to be a core fixed income portfolio holding by providing diversified US fixed income holdings, including non-benchmark exposure to bonds rated below investment grade, non-US dollar and emerging markets.
Add Alpha and Manage Risk Over Market Cycles
OACP is designed and actively managed to deliver attractive, risk-adjusted returns. The Fund leverages the scale, deep sector expertise, and embedded risk management process of its Sub-Adviser.
Align with Values, Elevate for Impact
OACP seeks to elevate issuers that demonstrably and consistently promote flourishing for their communities, environments, and stakeholders. We believe that Impact should be direct and measurable.
| Fund Details | As of 11/29/2023 |
|---|---|
| Ticker | OACP |
| Primary Exchange | NYSE Arca |
| CUSIP | 90470L519 |
| Inception Date | 3/30/22 |
| Net Assets | $110,089,213.85 |
| Shares Outstanding | 4,950,000.00 |
| Gross Expense Ratio | 0.76% |
| Distribution Frequency | Monthly |
| Fund Price | As of 11/29/2023 |
|---|---|
| NAV | $22.24 |
| Market Price | $22.28 |
| 30-day Median Bid/Ask Spread | 0.14% |
| Premium Discount | $0.04 |
| As of 10/31/2023 | |
|---|---|
| 30-Day SEC Yield | 5.27% |
Historical Premium/Discount
| Year 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | |
|---|---|---|---|---|---|
| Days at premium | 110 | 29 | 7 | 8 | 21 |
| Days at discount | 47 | 23 | 45 | 46 | 12 |
The Premium/Discount shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). Market price data reflects the official closing price. This data is provided for information purposes only and is not intended for trading purposes. Past performance does not guarantee future results.
BB Blue Financing
Less than 8% of ocean water is protected from overfishing, population, and habitat destruction.
Barbados’ ocean is 430 times the size of its land area, and 40% of its GDP and workforce is tied to tourism. These bonds refinance $150 million of Barbados sovereign debt, increasing their protected waters from 1% to over 30%.
Starwood Property Trust
More than 550,000 families in Florida spend more than half their income on housing.
This bond uses proceeds to finance nearly 3,000 affordable housing units across 12 multi-family properties in Florida. 86 percent of units are leased to households earning 60% or less of the area median income, and every unit has a rent restriction of 30% of a family's monthly gross income.
The Conservation Fund
Thirty-three of the world's largest 105 cities depend upon protected forests for quality and available drinking water.
This bond uses proceeds to finance the CF's Working Forest Fund, which has conserved 754k acres from deforestation. The fund has also secured over 5,300 jobs and $628 million in annual economic impact.
Freddie Mac
Only 36 available and affordable rental units exist for every 100 extremely low-income renter households.
This bond creates housing opportunities for those with high affordability needs by financing/refinancing obligations related to a senior living multifamily facility in Tucson, Arizona. 79 percent of the renters are very or extremely low income, yet the facility provides meals, housekeeping, and transportation.
IBRD
Sixty percent of Vietnam does not have sufficient access to safe water and sanitation.
This bond elevates communities by providing access to clean water for Vietnam children. This International Bank for Reconstruction and Development project aims to manufacture 300,000 water purifiers, distribute them to
approximately 8,000 schools across Vietnam, and make clean water available to around 2,000,000 children.
