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Posted by
Two Blokes Jun 30 -
Filed in
Stock
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FLXR, originally a mutual fund, successfully converted to an ETF in June 2024, leading to a significant four-fold increase in AUM to nearly $1.4 billion. The fund is actively managed, allowing it to dynamically allocate across diverse fixed income sectors (including a current overweight in MBS), credit qualities, and maturities both domestically and globally. FLXR has consistently outperformed a cohort of multi-sector bond ETF peers over the past three years, with a 1-year total return exceeding 9.5%, while demonstrating relatively controlled drawdowns.
