ZTOP is passively managed to provide exposure to the top 100 largest issuers of USD-denominated, below-investment-grade corporate bonds. Positions are selected based on market capitalization, credit quality, coupon size, and recency of issuance, with each issuer represented by a single bond. While holdings are equally weighted, a 3% cap is applied to all constituents. The fund excludes issuers from emerging markets and removes securities like PIK and zero-coupon bonds. The fund may hold ETFs, cash equivalents, reverse repurchase agreements and participate in securities lending. The index is rebalanced monthly.
公司网站 :
https://www.fminvest.com/etfs/ztop/#overview
总经理:-
建立时间:2025
公司总部:F/m High Yield 100 ETF
领域:Miscellaneous
行业:Investment trusts/Mutual funds