As of 2/8/2023

VBND - All Holdings

Name CUSIP or other identifier Weight Shares
UNITED STATES TREAS NTS 1.875% 08/31/2024 9128282U3 4.51% 17,535,000
UNITED STATES TREAS NTS 0.375% 09/15/2024 91282CCX7 3.54% 14,090,000
UNITED STATES TREAS NTS 1.5% 02/15/2025 91282CDZ1 3.36% 13,260,000
UNITED STATES TREAS NTS 2.5% 01/31/2025 9128283V0 3.00% 11,600,000
UNITED STATES TREAS NTS 1.25% 08/31/2024 912828YE4 2.89% 11,330,000
UNITED STATES TREAS NTS 2.75% 02/28/2025 9128283Z1 2.81% 10,800,000
UNITED STATES TREAS NTS 0.375% 08/15/2024 91282CCT6 2.73% 10,830,000
UNITED STATES TREAS NTS 1.125% 02/28/2025 912828ZC7 1.92% 7,645,000
UNITED STATES TREAS NTS 2.875% 04/30/2025 9128284M9 1.86% 7,140,000
UNITED STATES TREAS NTS 1.75% 03/15/2025 91282CED9 1.76% 6,925,000
UNITED STATES TREAS NTS 0.625% 10/15/2024 91282CDB4 1.74% 6,930,000
UNITED STATES TREAS NTS 2.875% 05/31/2025 9128284R8 1.65% 6,330,000
UNITED STATES TREAS NTS 2% 02/15/2025 912828J27 1.46% 5,690,000
UNITED STATES TREAS BDS 3% 11/15/2044 912810RJ9 1.41% 6,035,000
UNITED STATES TREAS BDS 2.75% 11/15/2042 912810QY7 1.18% 5,205,000
UNITED STATES TREAS BDS 3.125% 08/15/2044 912810RH3 1.18% 4,935,000
UNITED STATES TREAS BDS 2.875% 05/15/2043 912810RB6 1.13% 4,890,000
UNITED STATES TREAS NTS 1.5% 11/30/2024 912828YV6 1.08% 4,235,000
UNITED STATES TREAS NTS 1.125% 01/15/2025 91282CDS7 1.05% 4,175,000
United States Treasury Inflation Indexed Bonds 0.125% 04/15/2025 912828ZJ2 0.99% 3,858,161
FNMA UMBS 4% 06/01/2052 31418ED80 0.99% 3,834,912
UNITED STATES TREAS BDS 2.5% 02/15/2045 912810RK6 0.98% 4,580,000
UNITED STATES TREAS BDS 3.375% 05/15/2044 912810RG5 0.98% 3,925,000
UNITED STATES TREAS NTS 1.375% 01/31/2025 912828Z52 0.98% 3,860,000
FNMA UMBS 4% 05/01/2052 31418EES5 0.98% 3,792,934
Ginnie Mae 5.5% 02/15/2053 21H052629 0.98% 3,620,000
UNITED STATES TREAS BDS 3% 05/15/2045 912810RM2 0.95% 4,075,000
FNCL 5.5% TBA 30 YEAR 02/39 5.5% 02/15/2040 01F052623 0.92% 3,400,000
UNITED STATES TREAS NTS 0.375% 04/30/2025 912828ZL7 0.86% 3,505,000
Cash & Other Cash&Other 0.85% 3,154,480
FNMA TBA 30YR TBA 6% FEB 6% 02/15/2040 01F060626 0.82% 3,000,000
UNITED STATES TREAS BDS 2.75% 08/15/2042 912810QX9 0.80% 3,525,000
FNMA UMBS 4% 04/01/2052 3140MMBA5 0.80% 3,098,408
FNMA TBA 30YR TBA 5.00% FEB 5% 02/15/2044 01F050627 0.80% 3,000,000
UNITED STATES TREAS BDS 1.75% 08/15/2041 912810TA6 0.79% 4,100,000
UNITED STATES TREAS NTS 2.625% 03/31/2025 9128284F4 0.70% 2,690,000
Ginnie Mae 5% 02/15/2041 21H050623 0.63% 2,330,000
UNITED STATES TREAS NTS 1.5% 09/30/2024 912828YH7 0.61% 2,400,000
GNMAII JUMBO TBA 30YR 6% FEB 6% 02/15/2040 21H060622 0.60% 2,200,000
TSY INFL IX N/B 0.125% 04/15/2026 91282CCA7 0.57% 2,234,669
UNITED STATES TREAS BDS 2% 11/15/2041 912810TC2 0.54% 2,675,000
UNITED STATES TREAS NTS 2.625% 04/15/2025 91282CEH0 0.54% 2,075,000
UNITED STATES TREAS BDS 2% 01/15/2026 912810FS2 0.54% 1,993,430
UNITED STATES TREAS NTS 0.5% 03/31/2025 912828ZF0 0.52% 2,115,000
United States Treasury Inflation Indexed Bonds 0.375% 07/15/2025 912828XL9 0.52% 1,988,287
FNMA TBA 30YR TBA 6.50% FEB 6.5% 02/15/2042 01F062622 0.51% 1,850,000
TSY INFL IX N/B 0.625% 01/15/2026 912828N71 0.49% 1,890,474
FNMA TBA 30YR TBA 3% FEB 3% 02/15/2043 01F030629 0.46% 1,900,000
United States Treasury Inflation Indexed Bonds 0.125% 10/15/2025 91282CAQ4 0.46% 1,794,272
UNITED STATES TREAS BDS 3.625% 02/15/2044 912810RE0 0.44% 1,720,000
UNITED STATES TREAS BDS 3.125% 02/15/2043 912810QZ4 0.43% 1,795,000
UNITED STATES TREAS NTS 1.75% 12/31/2024 912828YY0 0.38% 1,495,000
UNITED STATES TREAS NTS 2.125% 11/30/2024 9128283J7 0.38% 1,475,000
TSY INFL IX N/B 0 3/4 02/15/45 0.75% 02/15/2045 912810RL4 0.36% 1,598,061
UNITED STATES TREAS BDS TIPS 02/15/40 1.375% 02/15/2044 912810RF7 0.36% 1,384,926
UNITED STATES TREAS BDS 1% 02/15/2046 912810RR1 0.35% 1,450,090
UNITED STATES TREAS BDS 2.375% 01/15/2027 912810PS1 0.35% 1,253,869
UNITED STATES TREAS BDS TIPS 2.125% 41 2.125% 02/15/2041 912810QP6 0.35% 1,168,241
UNITED STATES TREAS BDS TIPS .75% 02/15/42 0.75% 02/15/2042 912810QV3 0.34% 1,441,589
TSY INFL IX N/B 0.625% 02/15/2043 912810RA8 0.33% 1,449,168
TSY INFL IX N/B 0.875% 02/15/2047 912810RW0 0.33% 1,441,861
TSY INFL IX N/B 0.375% 01/15/2027 912828V49 0.33% 1,286,927
FNMA TBA 30YR TBA 4% FEB 4% 02/15/2041 01F040628 0.32% 1,260,000
UNITED STATES TREAS BDS 3.625% 04/15/2028 912810FD5 0.32% 1,066,770
BRUNSWICK CORP 2.4% 08/18/2031 117043AT6 0.31% 1,525,000
CONTINENTAL RES INC 4.9% 06/01/2044 212015AQ4 0.31% 1,470,000
BLACKSTONE SECD LENDING FD 2.85% 09/30/2028 09261XAG7 0.31% 1,430,000
DUKE ENERGY CORP NEW 3.25% 01/15/2082 26441CBP9 0.31% 1,405,000
EPR PPTYS 3.75% 08/15/2029 26884UAF6 0.31% 1,365,000
FLOWSERVE CORP 3.5% 10/01/2030 34354PAF2 0.31% 1,310,000
BNSF FUNDING TRUST 1 6.613% 12/15/2055 05567SAA0 0.31% 1,190,000
COREBRIDGE FINL INC 6.875% 12/15/2052 21871XAN9 0.31% 1,145,000
ENERGY TRANSFER L P 7.5% 07/01/2038 29273RAJ8 0.31% 1,030,000
DEVON FING CORP U L C 7.875% 09/30/2031 25179SAD2 0.31% 975,000
DICKS SPORTING GOODS INC 4.1% 01/15/2052 253393AG7 0.30% 1,590,000
HUNTINGTON BANCSHARES INC 2.487% 08/15/2036 446150AX2 0.30% 1,500,000
NOV INC 3.95% 12/01/2042 637071AK7 0.30% 1,470,000
BRIGHTHOUSE FINL INC 4.7% 06/22/2047 10922NAF0 0.30% 1,375,000
ENTERPRISE PRODS OPER LLC 5.375% 02/15/2078 29379VBR3 0.30% 1,310,000
AMERICAN ELEC PWR INC 3.875% 02/15/2062 025537AU5 0.30% 1,300,000
AUTONATION INC FLA 3.85% 03/01/2032 05329RAA1 0.30% 1,300,000
SEMPRA 4.125% 04/01/2052 816851BM0 0.30% 1,300,000
VIACOM INC 6.25% 02/28/2057 92553PBC5 0.30% 1,290,000
M D C HLDGS INC 6% 01/15/2043 552676AQ1 0.30% 1,280,000
WESTERN ALLIANCE BANCORP 3% 06/15/2031 957638AD1 0.30% 1,280,000
TSY INFL IX N/B 1% 02/15/2048 912810SB5 0.30% 1,278,731
WESTERN MIDSTREAM OPER LP 5.5% 02/01/2050 958667AA5 0.30% 1,265,000
CMS ENERGY CORP 4.75% 06/01/2050 125896BU3 0.30% 1,240,000
PATTERSON-UTI ENERGY INC 3.95% 02/01/2028 703481AB7 0.30% 1,215,000
KIRBY CORP 4.2% 03/01/2028 497266AC0 0.30% 1,175,000
UNUM GROUP 5.75% 08/15/2042 91529YAJ5 0.30% 1,160,000
DOMINION ENERGY INC 5.75% 10/01/2054 25746UBY4 0.30% 1,150,000
GLP CAP LP/GLP FING II INC 5.75% 06/01/2028 361841AK5 0.30% 1,105,000
NATIONAL FUEL GAS CO 5.5% 01/15/2026 636180BQ3 0.30% 1,100,000
ALLSTATE CORP 6.5% 05/15/2067 020002AU5 0.30% 1,100,000
UNITED STATES TREAS BDS TIPS 02/15/40 2.125% 02/15/2040 912810QF8 0.30% 1,018,491
UNITED STATES TREAS BDS 3.875% 04/15/2029 912810FH6 0.30% 986,221
METLIFE INC 10.75% 08/01/2069 59156RAV0 0.30% 810,000
WESTERN DIGITAL CORP. 3.1% 02/01/2032 958102AR6 0.29% 1,435,000
VONTIER CORPORATION 2.95% 04/01/2031 928881AF8 0.29% 1,410,000
CORPORATE OFFICE PPTYS L P 2.75% 04/15/2031 22003BAM8 0.29% 1,400,000
SABRA HLTH CARE LP/SABRA CAP C SR GLBL NT3.2% 31 3.2% 12/01/2031 78574MAA1 0.29% 1,400,000
LEAR CORP 5.25% 05/15/2049 521865AZ8 0.29% 1,245,000
SOUTHERN CO 3.75% 09/15/2051 842587DJ3 0.29% 1,245,000
MOHAWK INDS INC 3.625% 05/15/2030 608190AL8 0.29% 1,210,000
BRIXMOR OPERATING PRTSHP LP 4.05% 07/01/2030 11120VAJ2 0.29% 1,185,000
PHILIP MORRIS INTL INC 4.875% 11/15/2043 718172BD0 0.29% 1,180,000
MGIC INVT CORP WIS 5.25% 08/15/2028 552848AG8 0.29% 1,170,000
SYNCHRONY FINANCIAL 3.7% 08/04/2026 87165BAL7 0.29% 1,170,000
CENTENE CORP DEL 4.625% 12/15/2029 15135BAT8 0.29% 1,150,000
HUGHES SATELLITE S 5.25% 08/01/2026 444454AD4 0.29% 1,120,000
AMERICAN EQTY INVT LIFE HLD CO CR SEN SR GLBL27 5% 06/15/2027 025676AM9 0.29% 1,115,000
GNMAII JUMBO TBA 30YR TBA 4.50% FEB 4.5% 02/15/2041 21H042620 0.29% 1,110,000
BROADCOM INC 5% 04/15/2030 11135FBD2 0.29% 1,105,000
PRUDENTIAL FINL INC 5.375% 05/15/2045 744320AV4 0.29% 1,100,000
RADIAN GROUP INC 6.625% 03/15/2025 750236AX9 0.29% 1,085,000
MICRON TECHNOLOGY INC 5.327% 02/06/2029 595112BN2 0.29% 1,080,000
HESS CORP 6% 01/15/2040 42809HAC1 0.29% 1,050,000
EQT CORP 7% 02/01/2030 26884LAG4 0.29% 1,020,000
VALERO ENERGY CORP 6.625% 06/15/2037 91913YAL4 0.29% 1,000,000
ALLY FINL INC 8% 11/01/2031 36186CBY8 0.29% 990,000
KYNDRYL HLDGS INC 4.1% 10/15/2041 50155QAM2 0.28% 1,575,000
ALTRIA GROUP INC 4.45% 05/06/2050 02209SBK8 0.28% 1,400,000
OMEGA HEALTHCARE INVS INC 3.25% 04/15/2033 681936BN9 0.28% 1,400,000
AMERICAN ASSETS TRUST L P 3.375% 02/01/2031 02401LAA2 0.28% 1,300,000
TSY INFL IX N/B 1% 02/15/2049 912810SG4 0.28% 1,182,200
ENSTAR GROUP LTD 4.95% 06/01/2029 29359UAB5 0.28% 1,135,000
FREEPORT MCMORAN INC 5.45% 03/15/2043 35671DBC8 0.28% 1,090,000
MARATHON PETE CORP 6.5% 03/01/2041 56585AAF9 0.28% 945,000
FIFTH THIRD BANCORP 8.25% 03/01/2038 316773CH1 0.28% 810,000
Capital One Financial Corp 2.359% 07/29/2032 14040HCG8 0.27% 1,320,000
MPT OPER PTSHP LP/MPT FIN CORP SR GLBL NT 29 4.625% 08/01/2029 55342UAJ3 0.27% 1,305,000
FNMA TBA 30YR TBA 3.50% FEB 3.5% 02/15/2042 01F032625 0.27% 1,090,000
MAGELLAN MIDSTREAM PRTNRS LP SR NT 5.15% 43 5.15% 10/15/2043 559080AG1 0.27% 1,080,000
HEWLETT PACKARD CO 6% 09/15/2041 428236BR3 0.27% 995,000
TENNESSEE VALLEY AUTH FED BE SR GLBL -C BD 39 5.25% 09/15/2039 880591EH1 0.27% 950,000
OVINTIV INC 7.375% 11/01/2031 012873AK1 0.27% 920,000
HALLIBURTON CO 7.45% 09/15/2039 406216AY7 0.27% 860,000
CARDINAL HEALTH INC 4.368% 06/15/2047 14149YBM9 0.26% 1,150,000
PLAINS ALL AMERN PIPELINE L P SR NT 4.9% 45 4.9% 02/15/2045 72650RBH4 0.26% 1,150,000
United States Treasury Inflation Indexed Bonds 0.125% 04/15/2027 91282CEJ6 0.26% 1,032,537
FEDEX CORP 5.1% 01/15/2044 31428XAW6 0.26% 1,015,000
HASBRO INC 6.35% 03/15/2040 418056AS6 0.26% 960,000
MARATHON OIL CORP 6.6% 10/01/2037 565849AE6 0.26% 945,000
LEGG MASON INC 5.625% 01/15/2044 524901AR6 0.26% 925,000
KRAFT HEINZ FOODS CO 6.5% 02/09/2040 50076QAN6 0.26% 890,000
SIMON PPTY GROUP LP 6.75% 02/01/2040 828807CE5 0.26% 850,000
OWENS CORNING NEW 4.3% 07/15/2047 690742AG6 0.25% 1,130,000
VULCAN MATLS CO 4.5% 06/15/2047 929160AV1 0.25% 1,040,000
NEXTERA ENERGY CAP HLDGS INC JR SB GLBL -M 77 4.8% 12/01/2077 65339KAV2 0.25% 1,030,000
MARKEL CORP 5% 04/05/2046 570535AQ7 0.25% 1,000,000
MOSAIC CO 5.625% 11/15/2043 61945CAE3 0.25% 950,000
FNMA TBA 30YR TBA 4.5% FEB 4.5% 02/15/2040 01F042624 0.25% 940,000
REGIONS BK BIRMINGHAM ALA 6.45% 06/26/2037 75913MAA7 0.25% 888,000
LINCOLN NATL CORP IND 7% 06/15/2040 534187BA6 0.25% 820,000
TENNESSEE VALLEY AUTH FED BE SR GLBL -B BD 38 6.15% 01/15/2038 880591CP5 0.25% 800,000
HCA INC. 5.5% 06/15/2047 404119BV0 0.24% 960,000
DOW CHEM CO 9.4% 05/15/2039 260543BY8 0.24% 650,000
PHILLIPS 66 CO 4.9% 10/01/2046 718547AN2 0.23% 930,000
QORVO INC 4.375% 10/15/2029 74736KAH4 0.22% 915,000
UNITED STATES TREAS NTS 2.25% 10/31/2024 9128283D0 0.22% 855,000
UNITED STATES TREAS NTS 2.125% 05/15/2025 912828XB1 0.22% 845,000
TSY INFL IX N/B 0.25% 02/15/2050 912810SM1 0.19% 1,000,882
TENNESSEE VALLEY AUTH FED BE -B 3.5% 42 3.5% 12/15/2042 880591EP3 0.19% 820,000
United States Treasury Inflation Indexed Bonds 0.125% 10/15/2026 91282CDC2 0.19% 729,395
TENNESSEE VALLEY AUTH FED BE SR GLBL -A BD 56 5.375% 04/01/2056 880591DZ2 0.18% 590,000
CORNING INC 5.45% 11/15/2079 219350BQ7 0.17% 685,000
UNITED STATES TREAS NTS 0.125% 07/15/2026 912828S50 0.17% 676,372
US TSY INFL IX N/B 2.5% 1/15/2029 2.5% 01/15/2029 912810PZ5 0.17% 588,867
TENNESSEE VALLEY AUTH FED BE SR GLBL BD 36 5.88% 04/01/2036 880591CS9 0.17% 555,000
TENNESSEE VALLEY AUTH FED BE SR GLBL -A BD 25 0.75% 05/15/2025 880591EW8 0.16% 630,000
UNITED STATES TREAS BDS 1.75% 01/15/2028 912810PV4 0.16% 589,295
UNITED STATES TREAS BDS 0.125% 02/15/2051 912810SV1 0.14% 731,276
FEDERAL HOME LOAN BANKS 2.375% 03/14/2025 3130A4CH3 0.14% 560,000
TSY INFL IX N/B 0.5% 01/15/2028 9128283R9 0.13% 524,614
TENNESSEE VALLEY AUTH FED BE SR BD 4.625% 60 4.625% 09/15/2060 880591EJ7 0.12% 470,000
GNMAII JUMBO TBA 30YR TBA 4% FEB 4% 02/15/2042 21H040624 0.12% 450,000
FEDERAL HOME LOAN BANKS 0.5% 04/14/2025 3130AJHU6 0.11% 455,000
FEDERAL NATL MTG ASSN 0.625% 04/22/2025 3135G03U5 0.11% 455,000
TSY INFL IX N/B 0.125% 01/15/2030 912828Z37 0.10% 393,121
FEDERAL HOME LOAN BANKS 2.75% 12/13/2024 3130A3GE8 0.09% 350,000
FEDERAL HOME LOAN BANKS 1% 12/20/2024 3130AQF40 0.09% 340,000
FEDERAL FARM CR BKS 1.125% 01/06/2025 3133ENKS8 0.08% 330,000
FEDERAL NATL MTG ASSN 1.625% 01/07/2025 3135G0X24 0.08% 330,000
FEDERAL FARM CR BKS 1.75% 02/14/2025 3133ENPG9 0.08% 320,000
FEDERAL HOME LOAN BANKS 1.5% 08/15/2024 3130AGWK7 0.08% 310,000
FEDERAL HOME LN MTG CORP 1.5% 02/12/2025 3137EAEP0 0.08% 310,000
GNMAII JUMBO TBA 30YR TBA 03.500% FEB 3.5% 02/15/2045 21H032621 0.08% 310,000
FEDERAL HOME LOAN BANKS 2.875% 09/13/2024 3130A2UW4 0.08% 300,000
FEDERAL NATL MTG ASSN 2.625% 09/06/2024 3135G0ZR7 0.08% 300,000
FEDERAL HOME LOAN BANKS 0.375% 09/04/2025 3130AK5E2 0.07% 305,000
GNMAII JUMBO TBA 30YR TBA 3% FEB 3% 02/15/2043 21H030625 0.07% 300,000
FEDERAL NATL MTG ASSN 1.625% 10/15/2024 3135G0W66 0.07% 275,000
FEDERAL NATL MTG ASSN 0.5% 06/17/2025 3135G04Z3 0.07% 265,000
TENNESSEE VALLEY AUTH FED BE SR GLBL -E BD 25 6.75% 11/01/2025 880591CJ9 0.07% 230,000
FEDERAL HOME LN MTG CORP 0.375% 09/23/2025 3137EAEX3 0.06% 240,000
FEDERAL FARM CR BKS 0.875% 11/18/2024 3133ENEJ5 0.06% 240,000
TSY INFL IX N/B 0.875% 01/15/2029 9128285W6 0.06% 235,628
TSY INFL IX N/B 0.375% 07/15/2027 9128282L3 0.05% 212,819
MARTIN MARIETTA MATLS INC 4.25% 12/15/2047 573284AU0 0.05% 210,000
TSY INFL IX N/B 0.125% 01/15/2031 91282CBF7 0.05% 205,698
UNITED STATES TREAS BDS 3.75% 11/15/2043 912810RD2 0.05% 200,000
TSY INFL IX N/B 0.125% 01/15/2032 91282CDX6 0.04% 182,437
NEXTERA ENERGY CAP HLDGS INC JR SB GLBL -P 82 3.8% 03/15/2082 65339KCB4 0.04% 160,000
PLAINS ALL AMERN PIPELINE L P SR GLBL NT4.7% 44 4.7% 06/15/2044 72650RBE1 0.03% 160,000
FEDERAL NATL MTG ASSN 0.375% 08/25/2025 3135G05X7 0.03% 130,000
FEDERAL HOME LN MTG CORP 0.375% 07/21/2025 3137EAEU9 0.03% 125,000
TENNESSEE VALLEY AUTH FED BE SR GLBL -A BD 65 4.25% 09/15/2065 880591ES7 0.03% 110,000
KRAFT HEINZ FOODS CO 6.875% 01/26/2039 50076QAR7 0.03% 105,000
United States Treasury Inflation Indexed Bonds 0.125% 02/15/2052 912810TE8 0.02% 128,236
FEDERAL NATL MTG ASSN 0.5% 11/07/2025 3135G06G3 0.02% 80,000
TENNESSEE VALLEY AUTH FED BE SR GLBL -A BD 24 2.875% 09/15/2024 880591ER9 0.02% 60,000

Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. To obtain a prospectus download one here or call 800-617-0004. Please read it carefully before investing.

Investing involves risk, including the risk of loss of principal. VBND has the same risks as the underlying securities traded on the exchange throughout the day at market price. Redemptions are limited and often commissions are charged on each trade. VBND may invest in illiquid or thinly traded securities which involve additional risks such as limited liquidity and greater volatility. VBND may make investments in debt securities. The Fund’s investments in high yield securities expose it to a substantial degree of credit risk. These investments are considered speculative under traditional investment standards. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline. During periods of rising interest rates, certain debt obligations will be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments. VBND may also invest in asset backed and mortgage backed securities which include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. The Fund invests in the securities included in, or representative of its Index regardless of their investment merits. The performance of the Fund may diverge from the Index. Because the Fund employs a representative sampling strategy and may also invest up to 20% of its assets in securities that are not included in the Index, the Fund may experience a tracking error to a greater extent than a fund that seeks to replicate an index. The Fund is not actively managed and its performance may be adversely affected by a general decline in the market segments relating to its Index.

The fund’s investment adviser is Vident Advisory, LLC. VBND's sub-adviser is Vident Investment Advisory (VIA). Vident Financial owns the index that underlies the fund. The Vident U.S. Bond Strategy ETFTM is distributed by ALPS Distributors, LLC. ALPS is not affiliated with Vident Financial, Vident Advisory or VIA.

Investor shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Ordinary brokerage commissions may apply.

Diversification does not ensure a profit or protect against a loss.