UYLD: Active UltraShort Bond ETF, Good 5.4% Yield And Performance

(8min)

Summary

  • UYLD invests in a wide assortment of cash alternative investments, including T-bills, high-quality CLOs, and short-term MBS.
  • It yields 5.4%, a bit more than T-bills, with a bit more in volatility and risk.
  • Risk-return seems somewhere between that of T-bills and AAA CLOs, perhaps a bit weaker than the latter.
  • This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More »

Money Saving Graph

J Studios

The Angel Oak UltraShort Income ETF (NASDAQ:UYLD) is an actively managed ETF investing in cash and cash alternative investments, including securitized products, MBS, and CLOs. It is somewhere between T-bills and AAA-rated CLOs on

At the CEF/ETF Income Laboratory, we manage closed-end fund (CEF) and exchange-traded fund (ETF) portfolios targeting safe and reliable ~8% yields to make income investing easy for you. Check out what our members have to say about our service.

To see all that our exclusive membership has to offer, sign up for a free trial by clicking on the button below!

Description: https://static.seekingalpha.com/uploads/2019/7/31/27546953-15645999580488088.png

This article was written by

10.86K Followers

Juan de la Hoz has worked as a fixed income trader, financial analyst, operations analyst, and as an economics professor. He has experience analyzing, trading, and negotiating fixed-income securities, including bonds, money markets, and interbank trade financing, across markets and currencies. He focuses on dividend, bond, and income funds, with a strong focus on ETFs.

Juan is a contributor to the investing group CEF/ETF Income Laboratory which is led by Stanford Chemist. Features of the service include: managed income portfolios (targeting safe and reliable ~8% yields) making use of high-yield opportunities in the CEF and ETF fund space. These are geared toward both active and passive investors of all experience levels. The vast majority of CEF/ETF Income Laboratory holdings are also monthly-payers, for faster compounding and steady income streams. Other features include 24/7 chat, and trade alerts. Learn More.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About UYLD ETF

SymbolLast Price% Chg
Expense Ratio
Div Frequency
Div Rate
Yield
Assets (AUM)
Compare to Peers

More on UYLD

Related Stocks

SymbolLast Price% Chg
UYLD
--