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About Monarch Ambassador Income Index ETF
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Inception date
Mar 23, 2021
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Kingsview Wealth Management LLC
Distributor
Northern Lights Distributors LLC
MAMB is a fund-of-funds that invests primarily in fixed income ETFs with an allocation of 12.5% to alternatives such as commodity and currency ETFs. The global fixed income ETFs are of different credit qualities and duration. It may include convertible, corporate, treasury, and municipal bonds, as well as mortgage-backed securities. The Index selection process considers quantitative and fundamental factors in analyzing economic and market data. Fixed income sectors are selected based on the phase of the current economic cycle. The final basket has approximately 12 ETFs weighted differently throughout the phases of the economic cycle. The index is typically rebalanced on the first Monday of each month. Prior to March 4, 2024, the fund traded under the name Monarch Ambassador Income ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.38%
Cash0.62%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MAMB top holdings are iShares MBS ETF and iShares iBoxx $ Investment Grade Corporate Bond ETF, occupying 18.52% and 16.18% of the portfolio correspondingly.
MAMB last dividends amounted to 0.09 USD. The quarter before, the issuer paid 0.19 USD in dividends, which shows a 111.31% decrease.
MAMB assets under management is 124.64 M USD. It's risen 1.15% over the last month.
MAMB fund flows account for 50.37 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MAMB pays dividends to its holders with the dividend yield of 2.19%. The last dividend (Apr 1, 2025) amounted to 0.09 USD. The dividends are paid quarterly.
MAMB shares are issued by Kingsview Partners LLC under the brand Monarch. The ETF was launched on Mar 23, 2021, and its management style is Passive.
MAMB expense ratio is 1.39% meaning you'd have to pay 1.39% of your investment to help manage the fund.
MAMB follows the Monarch Ambassador Income Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MAMB invests in funds.
MAMB price has fallen by −0.15% over the last month, and its yearly performance shows a 2.47% increase. See more dynamics on MAMB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.04% over the last month, have fallen by −0.04% over the last month, showed a 0.17% increase in three-month performance and has increased by 4.57% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.04% over the last month, have fallen by −0.04% over the last month, showed a 0.17% increase in three-month performance and has increased by 4.57% in a year.
MAMB trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.