Vident Financial

VUBDX



Vident Core U.S. Bond Index

The Vident Core U.S. Bond IndexTM (VUBDX) seeks to diversify interest rate and credit risks through the application of time-tested principles. In addition to diversifying across fixed income sectors, the strategy seeks to improve corporate bond exposures by screening for companies with stronger leadership, governance and creditworthiness factors.

Fact Sheet

Index Stats

Yield to Maturity 2.86%
Yield to Worst 2.83%
Effective Duration 6.08 Years
Average Life 7.05%
Average Rating A+
Average Coupon 3.15%
Option Adjusted Spread (OAS) 53.88%

Index Facts

Index Ticker VUBDX
Inception Date 11/30/2015
Base Index Value 100
Number of Components in Index 209



Get an in-depth view on VUBDX and it’s embedded principles




As of 11/29/2017

Top Issuers

Top Issuers Weight
1. UNITED STATES TREASURY 52.02%
2. FEDERAL NATIONAL MTG ASSOC 4.9%
3. FREDDIE MAC 4.4%
4. GNMA 2.35%
5. FEDERAL HOME LOAN BANKS .86%
6. CAPITAL ONE FINANCIAL CORP .63%
7. AT&T INC .59%
8. VALERO ENERGY CORP .54%
9. BIOGEN IDEC INC .51%
10. PHILLIPS 66 PARTNERS LP .5%


As of 11/29/2017

Top Components

Top Corporate Components Weight
1. CALPINE CORP  5.75%   1/15/2025 1.18%
2. POLYONE CORP  5.25%   3/15/2023 .93%
3. NETFLIX INC  5.875%   2/15/2025 .87%
4. QORVO INC  7%   12/1/2025 .79%
5. SENSATA TECHNOLOGIES BV  5%   10/1/2025 .66%
6. CDK GLOBAL INC  5%   10/15/2024 .61%
7. PULTEGROUP INC  4.25%   3/1/2021 .59%
8. AECOM  5.875%   10/15/2024 .58%
9. VERIZON COMMS INC  4.125%   3/16/2027 .57%
10. CROWN AMERICAS LLC  4.5%   1/15/2023 .56%
11. CAP ONE FINL CORP  4.2%   10/29/2025 .56%
12. DARDEN RESTAURANTS INC  3.85%   5/1/2027 .54%
13. BROADRIDGE FINL SOLUTIONS INC  3.4%   6/27/2026 .53%
14. AMERICAN TOWER CORP  4.4%   2/15/2026 .5%
15. HUNTSMAN INTL LLC  4.875%   11/15/2020 .5%


Sector Characteristics

Sector    # of Components Weighting Yield-to-Maturity Yield-to-Worst Effective Duration Average Rating
Agency 30 2.99% 2.06% 2.06% 3.77 Years AA+
Corporate 100 25.03% 3.51% 3.51% 7.1 Years BBB+
HighYield 19 9.98% 4.49% 4.27% 4.73 Years BB-
TIPS 0 % % % Years -
Treasury 30 51.99% 2.25% 2.25% 6.28 Years AA+
Mortgage 30 10.01% 2.99% 2.99% 4.55 Years AA+
Totals 209 100% 2.86% 2.83% 6.08 Years A+

*An investor may not invest directly in an index such as VIEQX. In addition, emerging markets investments may expose investors to risks not typically associated with similar investments in more developed markets. The classification of a country as an "emerging market" is generally based on the relative economic, political and social development and is by necessity subjective.