FIXP
FolioBeyond Enhanced Fixed Income Premium ETF
FIXP is an actively managed fixed-income ETF designed to enhance income and total return through dynamic sector rotation and option premium. FIXP simplifies fixed income investing by combining all the essential components into a single, integrated solution.
Fund Summary
The FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) is an actively managed ETF designed to deliver current income and long-term capital appreciation. FIXP combines the proprietary FolioBeyond Fixed Income Model (“FB Model”)—a factor-based, multisector fixed income strategy—with option overlays to enhance income potential.
Dynamic Fixed Income Allocation: The FB Model dynamically allocates across bond sector ETFs, aiming to outperform the Bloomberg U.S. Aggregate Bond Index by utilizing advanced algorithms to optimize risk adjusted returns.
Hedge for a fixed income allocation for those concerned about rising rates and who seek to shorten a portfolio’s duration without selling existing positions
Means of expressing a directional view for those who seek a vehicle designed to profit from rising rates
FIXP Strategy & Positioning
FIXP combines a “quantamental” approach—integrating advanced quantitative analysis with active management—to deliver a scalable and innovative fixed income strategy. It is designed to serve as a:
Flexible Allocation: Suitable as a Core-Plus, Multisector, or Nontraditional fixed income solution.
Income Enhancer: Seeks to provide current income and optimize total returns within a fixed income portfolio, offering efficiency and tax advantages.
Fund Documents
Fund Information
| Fund Name | FolioBeyond Enhanced Fixed Income Premium ETF |
| Fund Inception | 1/22/2025 |
| Ticker | FIXP |
| Primary Exchange | NYSE Arca |
| CUSIP | 886364165 |
| Gross Expense Ratio | 1.03% |
| Net Expense Ratio | 1.01% |
| 30-Day SEC Yield | 5.32% |
The Gross Expense Ratio includes Acquired Fund Fees and Expenses of 0.33%. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.70%.
The 30-Day SEC Yield is calculated with a standardized formula mandated by the SEC. The formula is based on the maximum offering price per share.
Fund Data and Pricing
| Date as of | 3/12/2026 |
| Net Assets | $9,857,934 |
| NAV | 19.72 |
| Shares Outstanding | 500,000 |
| Closing Price | 19.71 |
| Premium/Discount Percentage | -0.03% |
| Median 30-Day Spread Percentage | 0.45% |
30-Day Median Spread is a calculation of the Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10-second interval during each trading day during the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
Performance
| Fund Ticker | 1M | 3M | 6M | YTD | Since Inception Cumulative | 1Y | 3Y | 5Y | Since Inception Annualized | As Of |
|---|---|---|---|---|---|---|---|---|---|---|
| FIXP NAV | 0.38% | 1.28% | 3.32% | 0.55% | 5.74% | 4.60% | - | - | 5.20% | 2/28/2026 |
| FIXP MKT | 0.31% | 1.17% | 3.19% | 0.53% | 5.65% | 4.35% | - | - | 5.11% | 2/28/2026 |
| AGG* | 1.64% | 1.60% | 3.99% | 1.75% | 9.03% | 6.26% | - | - | 8.16% | 2/28/2026 |
| Fund Ticker | 1M | 3M | 6M | YTD | Since Inception Cumulative | 1Y | 3Y | 5Y | Since Inception Annualized | As Of |
|---|---|---|---|---|---|---|---|---|---|---|
| FIXP NAV | 0.72% | 2.47% | 4.16% | - | 5.16% | - | - | - | - | 12/31/2025 |
| FIXP MKT | 0.64% | 2.37% | 4.07% | - | 5.09% | - | - | - | - | 12/31/2025 |
| AGG* | -0.15% | 1.10% | 3.15% | - | 7.16% | - | - | - | - | 12/31/2025 |
| Fund Ticker | 1M | 3M | 6M | YTD | Since Inception Cumulative | 1Y | 3Y | 5Y | Since Inception Annualized | As Of |
|---|---|---|---|---|---|---|---|---|---|---|
| FIXP NAV | 0.72% | 2.47% | 4.16% | - | 5.16% | - | - | - | - | 12/31/2025 |
| FIXP MKT | 0.64% | 2.37% | 4.07% | - | 5.09% | - | - | - | - | 12/31/2025 |
| AGG* | -0.15% | 1.10% | 3.15% | - | 7.16% | - | - | - | - | 12/31/2025 |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling
. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Returns beyond 1 year are annualized. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded. The fund intends to pay out dividends and interest income, if any, monthly. There is no guarantee these distributions will be made.
Distribution Details
| Fund Name | Ex-Date | Record Date | Payable Date | Amount |
|---|---|---|---|---|
| FIXP | 2/26/2025 | 2/27/2025 | 2/28/2025 | 0.1100 |
| FIXP | 3/28/2025 | 3/28/2025 | 3/31/2025 | 0.0950 |
| FIXP | 4/29/2025 | 4/29/2025 | 4/30/2025 | 0.0800 |
| FIXP | 5/29/2025 | 5/30/2025 | 5/30/2025 | 0.1000 |
| FIXP | 6/27/2025 | 6/27/2025 | 6/30/2025 | 0.1000 |
| FIXP | 7/30/2025 | 7/30/2025 | 7/31/2025 | 0.1000 |
| FIXP | 8/28/2025 | 8/28/2025 | 8/29/2025 | 0.0800 |
| FIXP | 9/29/2025 | 9/29/2025 | 9/30/2025 | 0.0800 |
| FIXP | 10/30/2025 | 10/30/2025 | 10/31/2025 | 0.0800 |
| FIXP | 11/26/2025 | 11/26/2025 | 11/28/2025 | 0.0800 |
| FIXP | 12/30/2025 | 12/30/2025 | 12/31/2025 | 0.1460 |
| FIXP | 1/29/2026 | 1/29/2026 | 1/30/2026 | 0.0800 |
| FIXP | 2/26/2026 | 2/26/2026 | 2/27/2026 | 0.0800 |
Top 10 Holdings
Holdings subject to change
| CUSIP | Ticker Name | Shares Held | Market Value | % of Net Assets |
|---|---|---|---|---|
| 886364637 | FolioBeyond Alternative Income and Interest Rate Hedge ETF | 80,967.00 | $2,933,434.41 | 29.76% |
| 92189H409 | VanEck High Yield Muni ETF | 57,342.00 | $2,894,624.16 | 29.36% |
| 78468R408 | State Street SPDR Bloomberg Short Term High Yield Bond ETF | 115,306.00 | $2,868,813.28 | 29.10% |
| 46435G342 | iShares Mortgage Real Estate ETF | 42,548.00 | $922,866.12 | 9.36% |
| 31846V336 | First American Government Obligations Fund 12/01/2031 | 227,918.22 | $227,918.22 | 2.31% |
| TLT 260515P00086000 | TLT US 05/15/26 P86 | 400.00 | $69,000.00 | 0.70% |
| Cash&Other | Cash & Other | 48,128.83 | $48,128.83 | 0.49% |
| TLT 260515P00088000 | TLT US 05/15/26 P88 | -400.00 | -$107,400.00 | -1.09% |
| Date as of: | 3/13/2026 |
FIXP
Five Essential Questions for Fixed Income Investors
A: FIXP takes a two-pronged approach to income generation that goes beyond buy-and-hold bond investing. First, the proprietary FolioBeyond Fixed Income Model dynamically rotates across multiple bond sectors using algorithms to capture opportunities as market conditions shift. Second, FIXP employs an option overlay strategy—selling selected call and put options on bond ETFs—to generate premium income. This combination allows you to potentially earn more than you would from static bond exposure while maintaining a diversified fixed income allocation.
Q2: Can FIXP help protect my portfolio if inflation heats up again?
A: While FIXP isn’t exclusively an inflation-protection fund, its dynamic allocation model is designed to adapt to changing market conditions, including inflationary environments. The fund can rotate into bond sectors that offer attractive risk-adjusted returns, optimizing the portfolio to adapt to changing inflation trends. The option overlay strategy also provides an income cushion that can help offset the purchasing power erosion that inflation causes. For investors concerned about inflation over the next two years, FIXP offers actively managed exposure rather than being locked into a static allocation.
Q3: What’s the track record and who manages FIXP?
A: FIXP launched in January 2025, bringing FolioBeyond’s expertise in active fixed income management to a broader audience. The FolioBeyond Fixed Income Model has been utilized is SMAs, generating strong risk-adjusted returns in comparison to the Bloomberg U.S. Aggregate Bond Index. The fund is managed by CEO Yung Lim and Chief Strategist Dean Smith, backed by decades of market experience and the same quantitative modeling that powers RISR, FolioBeyond’s flagship fund with over $180 million in assets and a 5-star Morningstar rating. While FIXP itself is new, it leverages years of technology and management experience that have already demonstrated success in navigating complex fixed income markets.
A: Think of FIXP as “core-plus.” Where traditional core bond funds passively track the Bloomberg U.S. Aggregate Bond Index, FIXP actively seeks to outperform it through sector rotation and option income generation. Traditional funds simply hold bonds and collect interest; FIXP dynamically shifts allocations across government, corporate, mortgage-backed, high yield, REIT, Muni, and other bond sectors based on quantitative signals. It also attempts to increase returns through option premiums. In summary, the strategy aims to create superior risk-adjusted returns and enhanced income.
Q5: Who is FIXP designed for, and how should I use it?
A: FIXP is tailored for fixed-income investors seeking more from their bond allocation than passive index exposures. It’s particularly attractive for investors who want professional, algorithm-driven sector rotation in the fixed income markets. Moreover, those looking for a core-plus fixed income solution in a single ETF should consider FIXP. With monthly distributions and tax efficiency built into the ETF structure, FIXP works as a core holding for investors who believe active management can add value in today’s complex rate environment—especially if you’re navigating inflation concerns and volatile interest rate expectations over the next 24–36 months.