Fund Description
Inspire Corporate Bond Impact ETF (IBD) is a low cost5, biblically responsible alternative for investors who want to make a positive impact with their investments without sacrificing quality investment management. Inspire Corporate Bond Impact ETF (IBD) is the first faith-based bond ETF ever created and is carefully designed to create meaningful impact in the lives of people all across the globe by investing in inspiring companies and donating a portion of fees to support Christian ministry projects such as clean water wells, refugee relief efforts, Bible distribution and other worthy causes. As a core holding workhorse of investors fixed income portfolios, IBD mirrors the characteristics of the broad U.S. bond market while investing only in the investment grade bonds of some of the most inspiring companies in the United States aligned with biblical values, as measured by their Inspire Impact Score. Inspire Corporate Bond Impact ETF (IBD) seeks to track the performance of the Inspire Corporate Bond Impact Equal Weight Index.
Fund Profile
Fund Name Inspire Corporate Bond Impact ETF
Fund Exchange Ticker IBD
Fund Sponsor Inspire Investing
Fund ISIN US66538H6339
Net Expense Ratio 0.61 %
Fund Inception Date 10 July 2017
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Corporate
Asset Class Bonds
Index Linked Passive
Index Name Inspire Corporate Bond Impact Equal Weight Index
Index Provider Inspire Index
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Corporate
Credit Quality Investment Grade Only
Average Maturity Intermediate (3-10) years
Bond Currency Denomination USD
Key Statistics
Return As of Date 22 March 2019
Asset Under Management 94.89 Million (USD)
1 Month Total Return 1.48 %
Year To Date Return 2.89 %
1 Year Total Return 4.35 %
3 Year Annualized Total Return
NAV 24.97
Share Outstanding 3,800,000
Top 10 Holdings (21 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
US DOLLARS CASH 0.0377947941447268887763050251
General Dynamics Corp 2.250000 11/15/2022 BOND 0.0110183268165176686009539059
BROADCOM CRP / CAYMN FI BOND 0.0106101528197208908054254654
Occidental Petroleum Corp 3.400000 04/15/2026 BOND 0.0096964373869149438207015606
ConocoPhillips Co 3.350000 11/15/2024 BOND 0.0095328519943629295162711434
Halliburton Co 3.800000 11/15/2025 BOND 0.0095115866609296776945724994
Phillips 66 4.300000 04/01/2022 BOND 0.0094679289141572506665846871
Aptiv PLC 4.250000 01/15/2026 BOND 0.0094439550998656461860628294
Welltower Inc 4.000000 06/01/2025 BOND 0.0094189448161258459326384473
Analog Devices Inc 3.900000 12/15/2025 BOND 0.0093585243461334553809043424