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.

Index Stats

Yield to Maturity 2.95%
Yield to Worst 2.93%
Effective Duration 6.23 Years
Average Life 8.48%
Average Rating A+
Average Coupon 4.01%
Option Adjusted Spread (OAS) 112.65%

Index Facts

Index Ticker VUBDX
Inception Date 11/30/2015
Base Index Value 100
Number of Components in Index 251



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




As of 11/20/2019

Top Issuers

Top Issuers Weight
1. UNITED STATES TREASURY 51.81%
2. FREDDIE MAC 4.07%
3. TENNESSEE VALLEY AUTHORITY 1.36%
4. FEDERAL NATIONAL MTG ASSOC .8%
5. HEWLETT-PACKARD CO .61%
6. FEDERAL HOME LOAN BANK OF CHICAG .59%
7. FEDERAL HOME LOAN BANKS .59%
8. CONSOL ENERGY INC .42%
9. ADIENT GLOBAL HOLDINGS LTD .42%
10. CENTURYLINK INC .4%


As of 11/20/2019

Top Components

Top Corporate Components Weight
1. CNX RESOURCES CORP  7.25%   3/14/2027 .42%
2. ADIENT GLOBAL HLDGS LTD  4.875%   8/15/2026 .42%
3. EMBARQ CORP  7.995%   6/1/2036 .4%
4. DISH DBS CORP  7.75%   7/1/2026 .4%
5. UNITED STATES STEEL CORP  6.25%   3/15/2026 .4%
6. CLEVELAND-CLIFFS INC  5.875%   6/1/2027 .4%
7. MAXIM CRANE WORKS HLDGS CAP LLC  10.125%   8/1/2024 .4%
8. WASHINGTON PRIME GROUP LP  6.45%   8/15/2024 .39%
9. TRINSEO MATERIALS OPERATING SCA  5.375%   9/1/2025 .39%
10. L BRANDS INC  6.75%   7/1/2036 .38%
11. TUTOR PERINI CORP  6.875%   5/1/2025 .38%
12. USA COMPRESSION PARTNERS LP  6.875%   9/1/2027 .37%
13. PBF HLDG CO LLC  7.25%   6/15/2025 .35%
14. AETNA INC  6.625%   6/15/2036 .32%
15. VULCAN MATERIALS CO  4.5%   6/15/2047 .32%


Sector Characteristics

Sector    # of Components Weighting Yield-to-Maturity Yield-to-Worst Effective Duration Average Rating
Agency 42 3.01% 2.03% 2.03% 6.85 Years AAA-
Corporate 85 25.23% 4.23% 4.21% 9.77 Years BBB
HighYield 60 9.95% 6.69% 6.54% 5.05 Years BB-
TIPS 0 % % % Years -
Treasury 38 51.81% 1.73% 1.73% 5.44 Years AA+
Mortgage 26 10.01% 2.57% 2.57% 2.4 Years AA+
Totals 251 100% 2.95% 2.93% 6.23 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.