Fund Description
KDFI is benchmarked to the FTSE US High-Yield/Treasury Rotation Index, which takes a tactical approach to investing in High-Yield Credit and US Treasuries. The index is designed to provide a benchmark for investors looking to capture risk-managed exposure to High-Yield Credit and US Treasuries. The FTSE US High-Yield/Treasury Rotation Index rotates between the following three underlying indexes: FTSE US Treasury 1-5 Years Index, FTSE US Treasury 7-10 Years Index, or the FTSE US High-Yield Market BB/B-Rated Capped Custom Index. During quarterly reviews, the cumulative quarterly return of these three indexes is compared, and the index with the highest return across that period receives the full allocation for the coming quarter.
Fund Profile
Fund Name KFA Dynamic Fixed Income ETF
Fund Exchange Ticker KDFI
Fund Sponsor Krane Shares
Fund ISIN US5007676860
Net Expense Ratio 0.48 %
Fund Inception Date 9 December 2019
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Passive
Index Name FTSE US High-Yield/Treasury Rotation Index
Index Provider FTSE Russell
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Broad Market
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 26 November 2021
Asset Under Management 4.13 Million (USD)
1 Month Total Return -1.18 %
Year To Date Return -0.78 %
1 Year Total Return 0.27 %
3 Year Annualized Total Return
NAV 20.64
Share Outstanding 200,002
Top 10 Holdings (26 November 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
NFLX 6 3/8 05/15/29 BOND 0.0436000000
BHCCN 9 1/4 04/01/26 BOND 0.0407000000
BHCCN 8 1/2 01/31/27 BOND 0.0400000000
URI 4 07/15/30 BOND 0.0392000000
URI 3 7/8 02/15/31 BOND 0.0387000000
CCL 5 3/4 03/01/27 BOND 0.0381000000
BCULC 4 10/15/30 BOND 0.0371000000
CCL 7 5/8 03/01/26 BOND 0.0360000000
S 8 3/4 03/15/32 BOND 0.0349000000
NGLS 4 7/8 02/01/31 BOND 0.0338000000