(STBF) Performance Trust Short - Ratings and Ratios

The Performance Trust Short Term Bond ETF (BATS:STBF) is an actively managed fund designed to navigate fixed-income markets by dynamically allocating between investment-grade and non-investment-grade securities. Under normal market conditions, the fund dedicates at least 80% of its net assets to fixed-income securities, including bonds and derivatives that exhibit similar economic characteristics. This approach allows the fund to capitalize on opportunities across various segments of the bond market while managing risk.

As a short-term bond ETF, STBF focuses on preserving capital and generating steady income with lower sensitivity to interest rate fluctuations. The funds portfolio typically includes a mix of corporate bonds, government securities, and asset-backed securities, with maturities generally ranging from 1 to 5 years. Active management enables the fund to adjust its holdings in response to changing market conditions, such as shifts in monetary policy or credit spreads.

From a technical standpoint, the funds price action suggests a stable trend. The 20-day moving average (SMA 20) of 25.29 and the 50-day moving average (SMA 25.13) indicate moderate upward momentum, while the 200-day moving average (24.72) reflects longer-term growth. The Average True Range (ATR) of 0.03 highlights low volatility, suggesting that the funds price movements are relatively contained. The last price of 25.41 aligns closely with the SMA 20, signaling potential support at current levels.

From a fundamental perspective, the funds assets under management (AUM) of $14.71 million indicate a smaller, more nimble portfolio. This size allows for more precise allocation decisions but may also limit liquidity compared to larger ETFs. The average daily volume of 3,650 shares suggests moderate trading activity, which is typical for a niche fixed-income ETF.