Fund Description
The Emles Real Estate Credit ETF (REC) seeks to track the price and yield performance, before fees and expenses, of the Solactive U.S. Real Estate Bond Index, a market value weighted index designed to measure the performance of corporate bonds issued by U.S. companies in the real estate sector. the bonds must have a country of risk of the United States of America and minimum time to maturity of at least 36 months for new issues entering the index. Finally, the minimum issue rating of eligible bonds must be at least B- / B3 from S&P and/or Moody s.
Fund Profile
Fund Name Emles Real Estate Credit ETF
Fund Exchange Ticker REC
Fund Sponsor Emles
Fund ISIN US2913616080
Net Expense Ratio 0.48 %
Fund Inception Date 15 October 2020
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Corporate
Asset Class Bonds
Index Linked Passive
Index Name Solactive U.S. Real Estate Bond Index
Index Provider Solactive AG
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Corporate
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 23 June 2022
Asset Under Management 4.25 Million (USD)
1 Month Total Return -3.10 %
Year To Date Return -12.94 %
1 Year Total Return -12.74 %
3 Year Annualized Total Return
NAV 21.2708
Share Outstanding 200,000
Top 10 Holdings (24 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
AMERICAN 3.375% 10/15/26 BOND 0.0268754147
AMERICAN 3.8% 08/15/29 BOND 0.0222044613
CORECIVIC 8.25% 04/15/26 BOND 0.0209002136
EQUINIX I 1.45% 05/15/26 BOND 0.0199337043
SBA COMMU 3.875% 02/15/27 BOND 0.0196038881
ALEXANDRI 3.00% 05/18/51 BOND 0.0195205037
HOST HOTE 3.5% 09/15/30 BOND 0.0183891807
CROWN CAS 2.1% 04/01/31 BOND 0.0174503775
SIMON PRO 3.5% 09/01/25 BOND 0.0164969372
WELLTOWER 4.% 06/01/25 BOND 0.0160473897