About this ETF
This actively managed exchange-traded fund (ETF) aims to generate a strong and sustainable level of current income while ensuring high liquidity. To achieve this, it typically commits at least 80% of its net assets to U.S. Treasury obligations and investment-grade corporate bonds with maturities ranging from zero to two years. This allocation strategy particularly emphasizes ultra-short term U.S. Treasury securities. The fund also has the flexibility to invest in other ETFs that primarily hold similar fixed-income instruments.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.24% | 0.00% | -0.04% | +0.48% | -0.16% | +0.25% | — | — | +0.30% |
| Total return | +0.24% | 0.00% | +0.64% | +1.36% | +2.06% | +3.24% | — | — | +3.24% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.95% | Annual cost of a $10,000 investment | $95.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 7 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | iShares iBonds Dec 2026 Term Treasury ETF USD… | IBTG | 19.86% | 570.97K | $13.0M |
| 2 | iShares 0-3 Month Treasury Bond ETF USD Class | SGOV | 19.83% | 129.50K | $13.0M |
| 3 | Invesco Short Term Treasury ETF USD Class | TBLL | 19.82% | 123.10K | $13.0M |
| 4 | SPDR Bloomberg 1-3 Month T-Bill ETF USD Class | BIL | 19.81% | 142.10K | $13.0M |
| 5 | SPDR Bloomberg 3-12 Month T-Bill ETF USD Class | BILS | 19.79% | 131.03K | $13.0M |
| 6 | BBH SWEEP VEHICLE | — | 0.98% | 640.92K | $640.9K |
| 7 | Receivables/Payables | — | -0.09% | -56.52K | -$56.5K |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 2.91% | Paid (last 12 months) | $0.7346 |
| Frequency | Quarterly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Aug 28, 2026 | Last payment | $0.1739 (Sep 04, 2026) |
| Growth 1Y | -15.29% | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Aug 28, 2026 | Aug 28, 2026 | Sep 04, 2026 | $0.1739 |
| May 28, 2026 | May 28, 2026 | Jun 04, 2026 | $0.1657 |
| Feb 27, 2026 | Feb 27, 2026 | Mar 06, 2026 | $0.0560 |
| Dec 26, 2025 | Dec 26, 2025 | Jan 02, 2026 | $0.1457 |
| Nov 28, 2025 | Nov 28, 2025 | Dec 05, 2025 | $0.1933 |
| Aug 29, 2025 | Aug 29, 2025 | Sep 08, 2025 | $0.2094 |
| May 28, 2025 | May 28, 2025 | Jun 04, 2025 | $0.1852 |
| Feb 28, 2025 | Feb 28, 2025 | Mar 07, 2025 | $0.0701 |
| Dec 27, 2024 | Dec 27, 2024 | Jan 03, 2025 | $0.1470 |
| Nov 29, 2024 | Nov 29, 2024 | Dec 06, 2024 | $0.2555 |
| Aug 30, 2024 | Aug 30, 2024 | Sep 09, 2024 | $0.2671 |
| May 31, 2024 | May 31, 2024 | Jun 07, 2024 | $0.2495 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 0.89% / 0.97% | Sharpe 1Y / 3Y | -2.31 / -0.816 |
| Max drawdown 1Y / 3Y | -0.67% / -0.67% | Sortino 1Y | -2.77 |
| Beta vs S&P 500 (3Y) | 0 | Correlation vs S&P 500 (1Y) | -0.198 |
| Downside deviation 1Y | 0.74% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 1.20K | Average volume | 8.87K |
| AUM | $65.6M | Premium/Discount | +0.06% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $65.6M → $65.6M |
| 1 Month | -$1.1M | -1.64% | $66.5M → $65.6M |
| 1 Week | -$19.7K | -0.03% | $65.6M → $65.6M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for BAMU
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.
BAMU