Key stats
About The Advisors' Inner Circle Fund II Frontier Asset Core Bond ETF
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Inception date
Dec 19, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Frontier Asset Management LLC
Distributor
SEI Investments Distribution Co.
FCBD is an actively managed fund-of-funds that targets the US investment grade bond market. The portfolio holds 6 to 12 underlying ETFs that provide exposure to fixed income securities, including US government bonds, corporate debts, asset- and mortgage-backed securities, commercial paper, and inflation-linked securities. The fund does not target a specific weighted average maturity either individually or the portfolio in aggregate. The asset allocation mix is determined through a mean variance optimization process, focusing on expected returns, standard deviations, and correlations of different asset classes. The ETF selection process includes quantitative, qualitative, and manager edge to filter funds based on their ability to provide low-cost asset class exposure and add value on either an absolute or risk-adjusted basis. Other factors such as market conditions, valuation metrics, risk profiles, and expected growth potential are also considered.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.06%
Cash0.94%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FCBD top holdings are Vanguard Intermediate-Term Treasury ETF and TCW Flexible Income ETF, occupying 24.94% and 24.08% of the portfolio correspondingly.
FCBD last dividends amounted to 0.20 USD. The quarter before, the issuer paid 0.02 USD in dividends, which shows a 90.09% increase.
FCBD assets under management is 43.57 M USD. It's risen 0.51% over the last month.
FCBD fund flows account for 42.66 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FCBD pays dividends to its holders with the dividend yield of 1.72%. The last dividend (Apr 4, 2025) amounted to 0.20 USD. The dividends are paid quarterly.
FCBD shares are issued by Frontier Asset Management LLC under the brand Frontier. The ETF was launched on Dec 19, 2024, and its management style is Active.
FCBD expense ratio is 0.90% meaning you'd have to pay 0.90% of your investment to help manage the fund.
FCBD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FCBD invests in funds.
FCBD price has risen by 0.83% over the last month, and its yearly performance shows a 1.78% increase. See more dynamics on FCBD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.63% over the last month, showed a 0.75% increase in three-month performance and has increased by 2.68% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.63% over the last month, showed a 0.75% increase in three-month performance and has increased by 2.68% in a year.
FCBD trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.