American Beacon Ionic Inflation Protection ETF (CPII)

American Beacon Ionic Inflation Protection ETF (CPII) is an exchange-traded fund in the Inflation Protected Bond category. It has $11.41M in assets, an expense ratio of 0.70% and a 4.12% dividend yield. Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in investments that provide protection against U.S. inflation. It is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in: inflation swaps; options on U.S. interest rates (“swaptions”); and U.S. Treasury Securities, including U.S. Treasury Inflation-Protected Securities (“TIPS”). It is non-diversified.