Anfield Universal Fixed Income ETF
$9.34−0.04 (−0.43%)
- Expense ratio
- 0.85%
- Fund size
- $304M
- 1Y return
- +3.7%
- Yield · Last 12 months
- 3.69%
- Volume · 30D
- 0.2M sh
- NAV per share
- $9.36
- 52W range
The ETF.net AFIF Grade
Score 35 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 7Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.FScore 16Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 87Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 43Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 68Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 55Category rank
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
- —
- 27%
- 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.
Returns run to the Sep 22, 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 | +1.9% |
| 1 month | −0.2% |
| 3 months | +0.3% |
| 1 year | +3.7% |
| 3 years | +6.3% |
| 5 years | +3.7% |
| 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 | +1.9% | |
| 2025 | +6.6% | |
| 2024 | +7.1% | |
| 2023 | +9.7% | |
| 2022 | −5.4% | |
| 2021 | −0.5% | |
| 2020 | +2.1% |
AFIF in the news
ETF.net Research hasn’t filed on AFIF yet — coverage lands here as it’s written.
AFIF Dividends
- 3.69%
- $0.35
- $0.03 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 26, 2026 | Aug 27, 2026 | $0.03 |
| Jul 17, 2026 | Jul 22, 2026 | $0.01 |
| Jun 18, 2026 | Jun 23, 2026 | $0.04 |
| May 15, 2026 | May 20, 2026 | $0.03 |
| Apr 17, 2026 | Apr 22, 2026 | $0.03 |
| Mar 20, 2026 | Mar 25, 2026 | $0.04 |
| Feb 13, 2026 | Feb 18, 2026 | $0.02 |
| Jan 22, 2026 | Jan 27, 2026 | $0.02 |
| Dec 12, 2025 | Dec 15, 2025 | $0.11 |
| Nov 14, 2025 | Nov 19, 2025 | $0.01 |
| Oct 17, 2025 | Oct 22, 2025 | $0.02 |
| Sep 17, 2025 | Sep 24, 2025 | $0.02 |
AFIF Risk
- 1.8%
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.
- 1.08
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
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.41%
25 of the 27 Global Aggregate Bond (Unhedged) funds charge less.