Federated Mulls UltraShort FI ETF

Pittsburgh-based Federated Investment Management is seeking to launch an actively managed ETF.

Pittsburgh-based Federated Investment Management is seeking to launch an actively managed ETF, Index Universe reports. The Federated Active UltraShort Fixed Income ETF will be a short-dated, fixed-income fund.

The ETF will invest in fixed and floating rate fixed-income securities. Investment-grade and non-investment-grade corporate as well as the U.S. government debt will be a part of the fund’s holdings.

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