Anfield Universal Fixed Income ETF
$9.270.00 (0.00%)
- 0.85%
- $424M
- +3.1%
- 4.12%
- 0.4M sh
- $9.25
- low $9.13high $9.86
The ETF.net AFIF Grade
D
Score 35 out of 100
- 28 of 29
Score 35 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F4 out of 100Rank 28 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.F23 out of 100Rank 27 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A87 out of 100Rank 1 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C41 out of 100Rank 18 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B67 out of 100Rank 10 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B58 out of 100Rank 14 of 29
Our read on AFIF
DMost funds in the aggregate-bond aisle just clone an index. AFIF is the opposite: a hands-on, go-anywhere bond portfolio that can roam across sectors, maturities, credit tiers and countries in pursuit of current income, paid monthly.
The Fund seeks current income through active management of a broadly diversified fixed-income portfolio. It may invest across debt sectors, maturities, credit qualities, U.S. and foreign issuers, and related derivatives.
Why people hold it
- Genuinely active mandate. The managers can move across debt sectors, maturities, credit qualities, U.S. and foreign issuers and related derivatives, not just track a fixed index recipe.
- Income is the stated job, not a byproduct. The fund's declared target is current income, and it distributes monthly rather than quarterly.
- Not a startup. Trading since 2018, so it has run through a full swing of the rate cycle in the open.
- Passport-free reach. A global fixed-income remit lets it look outside U.S. paper when the opportunity sits abroad.
Worth knowing
- Costs are the headline trade-off: 0.85% a year against a peer median of 0.36%, and index heavyweights like BND, SPAB and SCHZ charge 0.03%.
- No index to hug. Active security selection means results can look nothing like the aggregate bond benchmark in either direction.
- It's a modest-sized, moderately traded fund, so spreads can run wider than the mega-cap index names. Limit orders do more work here.
AFIF Holdings
- Bonds
- 346
- 24%
- First American Government Obligations Fund 12/01/2031
Sectors
- Energy100.0%
AFIF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
AFIF$10,314
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | AFIF |
|---|---|
| Year to date | +1.1% |
| 1 month | −0.6% |
| 3 months | −0.5% |
| 1 year | +3.1% |
| 3 years | +6.2% |
| 5 years | +3.6% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AFIF |
|---|---|---|
| 2026 YTD | +1.1% | |
| 2025 | +6.6% | |
| 2024 | +7.1% | |
| 2023 | +9.7% | |
| 2022 | −5.4% | |
| 2021 | −0.5% | |
| 2020 | +2.1% |
AFIF in the news
AFIF Dividends
- 4.12%
- $0.38
- $0.04 per share
- Monthly
Distribution history
AFIF Risk
- 2.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.63
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −8.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.21
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AFIF Cost
0.85%
AFIF0.85%
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.45%
26 of the 28 Global Aggregate Bond (Unhedged) funds charge less.
Other funds in Global Aggregate Bond (Unhedged)
- CSTXTStrive Total Return Bond ETFExpense ratio 0.49%1 year return −2.2%
- CKDRNKingsbarn Tactical Bond ETFExpense ratio 0.57%1 year return −0.9%
- DFLXIInvesco Flexible Income ETFExpense ratio 0.39%1 year return —
- DSIOTouchstone Strategic Income ETFExpense ratio 0.82%1 year return +0.3%
- DMAMBMonarch Ambassador Income Index ETFExpense ratio 1.15%1 year return −0.9%