Vident U.S. Bond Strategy ETF (VBND)

Vident U.S. Bond Strategy ETF (VBND) is an exchange-traded fund in the Intermediate Core Plus Bond category. It has $510.17M in assets, an expense ratio of 0.41% and a 4.25% dividend yield. The fund is an actively-managed ETF that seeks current income and long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in debt instruments that are principally traded in the United States. For purposes of the fund’s 80% policy, the fund may utilize the TBA markets for U.S. agency MBS investments, invest in dollar-denominated international bonds that are principally traded in the United States, and i…