Key stats
About VictoryShares WestEnd Economic Cycle Bond ETF
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Inception date
Jun 21, 2024
Structure
Open-Ended Fund
Replication method
Physical
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
Victory Capital Management, Inc. (Investment Management)
Distributor
Foreside Fund Services LLC
BMDL broadly invests in fixed-income securities using a macroeconomic approach, aiming to optimize returns while navigating the US market. Portfolio allocation is based on economic indicators such as interest rates, inflation, economic growth, national income, GDP, and unemployment rates. While investments may include government obligations, corporate bonds, mortgage-backed and asset-backed securities, repurchase agreements, and convertibles, the fund may fully shift investments to corporate debt, including high-yield bonds. Additionally, it can allocate up to 20% to foreign and emerging market debt denominated in US dollars. As part of the strategy, the adviser employs proprietary credit rating models to assess and monitor credit risk across different sectors. The fund uses futures, including US Treasury futures, to manage duration, adjust exposure, enhance income, hedge risks, maintain liquidity, and sustain exposure.
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
Government
Corporate
Bonds, Cash & Other100.00%
Government62.63%
Corporate37.07%
Cash0.25%
Miscellaneous0.05%
Stock breakdown by region
North America96.19%
Europe3.00%
Asia0.76%
Oceania0.05%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BMDL invests in bonds. The fund's major sectors are Government, with 62.63% stocks, and Corporate, with 37.07% of the basket. The assets are mostly located in the North America region.
BMDL top holdings are United States Treasury Notes 1.875% 28-FEB-2029 and United States Treasury Notes 3.75% 30-JUN-2030, occupying 7.44% and 6.54% of the portfolio correspondingly.
BMDL last dividends amounted to 0.06 USD. The month before, the issuer paid 0.08 USD in dividends, which shows a 26.89% decrease.
BMDL assets under management is 111.81 M USD. It's risen 82.23% over the last month.
BMDL fund flows account for 111.54 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, BMDL pays dividends to its holders with the dividend yield of 3.82%. The last dividend (Jun 10, 2025) amounted to 0.06 USD. The dividends are paid monthly.
BMDL shares are issued by Victory Capital Holdings, Inc. under the brand VictoryShares. The ETF was launched on Jun 21, 2024, and its management style is Active.
BMDL expense ratio is 0.40% meaning you'd have to pay 0.40% of your investment to help manage the fund.
BMDL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BMDL invests in bonds.
BMDL price has risen by 0.61% over the last month, and its yearly performance shows a −0.74% decrease. See more dynamics on BMDL price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.21% increase in three-month performance and has increased by 2.66% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.21% increase in three-month performance and has increased by 2.66% in a year.
BMDL trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.