Shareholder
Fees
(paid
directly from your investment) |
None |
Management
Fees |
0.25% |
Other
Expenses |
0.12% |
Total
Annual Fund Operating Expenses1
|
0.37% |
Fee
Waiver/Expense Reimbursement |
(0.02)% |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
0.35% |
1
Year |
3
Years |
5
Years |
10
Years |
$36 |
$117 |
$206 |
$466 |
During
the periods shown in the chart: |
Returns |
Quarter
ended |
Highest
Quarter |
4.84% |
June
30, 2020 |
Lowest
Quarter |
-2.25% |
March
31, 2020 |
Year-to-date
return |
1.11% |
September
30, 2021 |
Average
Annual Total Returns
(For
the Periods Ended December 31, 2020) |
1
Year |
Life
of
Fund |
FUND | ||
Before
Taxes |
5.14% |
3.63%1
|
After
Taxes on Distributions |
4.06% |
2.59%1
|
After
Taxes on Distributions and Sale of Fund Shares |
3.06% |
2.33%1
|
Index | ||
Bloomberg
Barclays 1-3 Year Credit Index
reflects
no deduction for fees, expenses or taxes. |
3.69% |
3.19% |
|
Title
|
Tenure
with the Fund
|
Brian
W. Smith, CFA |
Senior
Portfolio Manager |
Since
2017 |
Julianne
Bass, CFA |
Senior
Portfolio Manager |
Since
2017 |
John
Spear, CFA |
Senior
Portfolio Manager |
Since
2017 |
Kurt
Daum, J.D. |
Senior
Portfolio Manager |
Since
2017 |
James
F. Jackson Jr., CFA |
Senior
Portfolio Manager |
Since
2019 |
R.
Neal Graves, CFA, CPA |
Senior
Portfolio Manager |
Since
2019 |
Shareholder
Fees
(paid
directly from your investment) |
None |
Management
Fees |
0.30% |
Other
Expenses |
0.11% |
Total
Annual Fund Operating Expenses1
|
0.41% |
Fee
Waiver/Expense Reimbursement |
(0.01)% |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
0.40% |
1
Year |
3
Years |
5
Years |
10
Years |
$41 |
$131 |
$229 |
$517 |
During
the periods shown in the chart: |
Returns |
Quarter
ended |
Highest
Quarter |
6.44% |
June
30, 2020 |
Lowest
Quarter |
-1.73% |
March
31, 2020 |
Year-to-date
return |
-0.67% |
September
30, 2021 |
Average
Annual Total Returns
(For
the Periods Ended December 31, 2020) |
1
Year |
Life
of
Fund |
FUND | ||
Before
Taxes |
8.07% |
5.86%1
|
After
Taxes on Distributions |
6.86% |
4.60%1
|
After
Taxes on Distributions and Sale of Fund Shares |
4.79% |
3.94%1
|
Index | ||
Bloomberg
Barclays U.S. Aggregate Index
reflects
no deduction for fees, expenses or taxes. |
7.51% |
5.20% |
|
Title
|
Tenure
with the Fund
|
Julianne
Bass, CFA |
Senior
Portfolio Manager |
Since
2017 |
Kurt
Daum, J.D |
Senior
Portfolio Manager |
Since
2017 |
Brian
W. Smith, CFA |
Senior
Portfolio Manager |
Since
2017 |
John
Spear, CFA |
Senior
Portfolio Manager |
Since
2017 |
James
F. Jackson Jr., CFA |
Senior
Portfolio Manager |
Since
2019 |
R.
Neal Graves, CFA, CPA |
Senior
Portfolio Manager |
Since
2019 |
Risk
Factor |
Core
Short-Term
Bond
ETF |
Core
Intermediate-Term
Bond
ETF |
Asset-Backed
and Mortgage-Backed Securities Risk |
X |
X |
Debt
Securities or Bond Risk |
X |
X |
Derivatives
Risk |
X |
X |
Exchange-Traded
Fund (ETF) Structure Risk |
X |
X |
Foreign
Investing Risk |
X |
X |
Geopolitical/Natural
Disaster Risk |
X |
X |
High-Yield
Bond Risk |
X |
X |
Information
Technology Sector Risk |
X |
X |
Large
Shareholder Risk |
X |
X |
Liquidity
Risk |
X |
X |
Management
Risk |
X |
X |
Market
Risk |
X |
X |
Regulatory
Risk |
X |
X |
U.S.
Government Sponsored Enterprises (GSEs) Risk |
X |
X |
Fund
|
Advisory
Fee
|
Short-Term
Bond ETF |
0.25% |
Intermediate-Term
Bond ETF |
0.30% |
|
Year
Ended
6/30/21 |
Ten
Months Ended
6/30/20(a) |
Year
Ended
8/31/19 |
10/24/17(b)
through
8/31/18 |
Net
Asset Value, Beginning of Period |
$51.22 |
$50.65 |
$49.50 |
$50.00 |
Investment
Activities |
|
|
| |
Net
Investment Income (Loss)(c) |
0.84 |
1.10 |
1.37 |
0.93 |
Net
Realized and Unrealized Gains (Losses)
on
Investments |
0.93 |
0.48 |
1.13 |
(0.59) |
Total
from Investment Activities |
1.77 |
1.58 |
2.50 |
0.34 |
Distributions
to Shareholders From |
|
|
| |
Net
Investment Income |
(0.90) |
(1.01) |
(1.35) |
(0.84) |
Net
Realized Gains from Investments |
(0.22) |
|
|
|
Total
Distributions |
(1.12) |
(1.01) |
(1.35) |
(0.84) |
Net
Asset Value, End of Period |
$51.87 |
$51.22 |
$50.65 |
$49.50 |
Total
Return(d) |
3.48% |
3.17% |
5.11% |
0.70% |
Ratios
to Average Net Assets |
|
|
| |
Net
Expenses(e) |
0.34%(f) |
0.35% |
0.35% |
0.35% |
Net
Investment Income (Loss)(e) |
1.62% |
2.62% |
2.75% |
2.21% |
Gross
Expenses(e) |
0.37% |
0.44% |
0.40% |
0.40% |
Supplemental
Data |
|
|
| |
Net
Assets, End of Period (000's) |
$272,296 |
$105,000 |
$83,573 |
$61,872 |
Portfolio
Turnover(d)(g) |
80% |
72%(h) |
30% |
22% |
|
Year
Ended
6/30/21 |
Ten
Months Ended
6/30/20(a) |
Year
Ended
8/31/19 |
10/24/17(b)
through
8/31/18 |
Net
Asset Value, Beginning of Period |
$53.67 |
$52.48 |
$48.61 |
$49.93 |
Investment
Activities |
|
|
| |
Net
Investment Income (Loss)(c) |
1.08 |
1.21 |
1.62 |
1.29 |
Net
Realized and Unrealized Gains
(Losses)
on Investments |
0.27 |
1.12 |
3.81 |
(1.46) |
Total
from Investment Activities |
1.35 |
2.33 |
5.43 |
(0.17) |
Distributions
to Shareholders From |
|
|
| |
Net
Investment Income |
(1.11) |
(1.14) |
(1.56) |
(1.15) |
Net
Realized Gains from Investments |
(0.20) |
|
|
|
Total
Distributions |
(1.31) |
(1.14) |
(1.56) |
(1.15) |
Net
Asset Value, End of Period |
$53.71 |
$53.67 |
$52.48 |
$48.61 |
Total
Return(d) |
2.55% |
4.52% |
11.37% |
(0.33)% |
Ratios
to Average Net Assets |
|
|
| |
Net
Expenses(e) |
0.37%(f) |
0.38%(g) |
0.39% |
0.40% |
Net
Investment Income (Loss)(e) |
2.01% |
2.80% |
3.27% |
3.10% |
Gross
Expenses(e) |
0.41% |
0.42% |
0.44% |
0.45% |
Supplemental
Data |
|
|
| |
Net
Assets, End of Period (000's) |
$894,333 |
$450,789 |
$314,856 |
$150,703 |
Portfolio
Turnover(d)(h) |
16% |
13% |
3%(i) |
10% |