ActivePassive Core Bond ETF

ActivePassive Core Bond ETF is an actively managed fixed-income ETF designed to provide current income with low volatility of principal. The fund blends active and passive techniques to manage a diversified portfolio of U.S. bonds and other fixed income securities, primarily investing in investment-grade debt while allowing limited exposure to high-yield securities. It seeks to balance cost efficiency with benchmark awareness by referencing the Bloomberg U.S. Aggregate Bond Index. ActivePassive Core Bond ETF holds a broad mix of government, corporate, and securitized bonds, along with other income-producing instruments, making it a core bond allocation vehicle for investors seeking diversified exposure to the U.S. bond market. The fund is managed by Envestnet under the ActivePassive brand and is structured to serve as a broad fixed-income solution within the intermediate core-plus bond category.