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BLST

GradeBNew York Stock Exchange Arca

Bluemonte Short Term Bond ETF

Core US Bond · Bluemonte · Inception 2025-06-19

$24.47−0.13 (−0.55%)

As of Sep 23, 2026, 2:05 PM EDT

History starts Jun 23, 2025.
Intraday session: down, 12 prints from 24.60 to 24.47. Range 24.46 to 24.60. Use the arrow keys to read each point.$24.50$24.55$24.6010 AM12 PM2 PM4 PM
Expense ratio
0.28%
Fund size
$170M
1Y return
+0.8%
Yield · Last 12 months
3.85%
Holdings
3
Volume · 30D
0M sh
NAV per share
$24.61
52W range
low $22.77high $25.49

The ETF.net BLST Grade

B

58/ 100

Rank 68 of 118 in US Aggregate Bond

Confidence High

Six-pillar profile for BLST. Scores out of 100: Cost 60, Risk 59, Mission 92, Tradability 26, Holdings 22, Durability 39. Strongest: Mission (92). Weakest: Holdings (22). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 58 of 100 sits in the B 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.
    BScore 60
    Category rank45/118 · top 38%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 92
    Category rank70/100 · mid-pack
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 59
    Category rank25/117 · top 21%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 26
    Category rank93/118 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    FScore 22
    Category rank112/117 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 39
    Category rank86/118 · mid-pack

Graded as of Sep 22, 2026

Our read on BLST

ETF.net Research

BAn actively managed short-duration bond fund that gets there by owning other funds, priced below the typical bond ETF and paying monthly. A 2025 arrival working the calm end of the curve while its cohort giants buy the whole market.

Stated mandate

The Fund seeks total return and income. It is actively managed and obtains at least 80% bond exposure, primarily through underlying funds holding short-duration debt securities.

Why people hold it

  1. 01Charges 0.25% a year against a 0.36% median for its bond cohort, and that buys an active manager rather than an index sleeve.
  2. 02Short duration by mandate: at least 80% bond exposure, held through funds owning short-dated debt, the corner of the market that moves least when rates swing.
  3. 03Distributions arrive monthly rather than quarterly, so income lands on a bill-paying rhythm.
  4. 04What is inside matches what the prospectus describes: an active short-duration book, with little drift toward the long end.

Worth knowing

  1. 01It is a fund of funds. You own a basket of other bond funds rather than the bonds themselves, which puts a layer between you and the actual credits.
  2. 02The filings disclose that payouts can include return of capital, meaning part of a monthly distribution may be your own money coming back.
  3. 03Launched in 2025 and still a small, lightly traded fund, so spreads matter more here than at cohort index giants like BND and SCHZ, which charge 0.03%.

BLST Holdings

As of Sep 20, 2026, 10:31 PM
Asset class
Bonds
Holdings
3
Top-10 weight
100%
Largest holding
BSV54.9%

Sectors

  • Financials100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001BSVVANGUARD SHORT-TERM BOND ETF54.87%1,213,628$93M4
002BKAGBNY MELLON CORE BOND ETF24.93%1,037,507$42M3
003VCSHVANGUARD-S/T COR19.96%435,777$34M13
004CASH & OTHER0.24%406,497$406K45

Showing 1–4 of 4 holdings

BLST Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BLST$10,077
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. BLST $10,077. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for BLST. Periods over one year show the average yearly return.
PeriodBLST
Year to date−0.3%
1 month−0.8%
3 months−0.6%
1 year+0.8%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BLST
YearReturn barBLST
2026 YTD−0.3%
2025+2.9%

History from Jun 23, 2025

BLST in the news

ETF.net Research hasn’t filed on BLST yet — coverage lands here as it’s written.

BLST Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
3.85%Last 12 months
Payout per share
$0.95Last 12 months
Last payment
$0.08 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 13 payments from 2025 to 2026 YTD. Jul 30, 2025 $0.07; Aug 28, 2025 $0.08; Sep 29, 2025 $0.08; Oct 30, 2025 $0.07; Nov 25, 2025 $0.08; Dec 30, 2025 $0.16; Feb 25, 2026 $0.08; Mar 27, 2026 $0.08; Apr 28, 2026 $0.08; May 27, 2026 $0.08; Jun 26, 2026 $0.08; Jul 29, 2026 $0.08; Aug 27, 2026 $0.08. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Aug 27, 2026Aug 31, 2026$0.08
Jul 29, 2026Jul 31, 2026$0.08
Jun 26, 2026Jun 30, 2026$0.08
May 27, 2026May 29, 2026$0.08
Apr 28, 2026Apr 30, 2026$0.08
Mar 27, 2026Mar 31, 2026$0.08
Feb 25, 2026Feb 27, 2026$0.08
Dec 30, 2025Dec 31, 2025$0.16
Nov 25, 2025Nov 26, 2025$0.08
Oct 30, 2025Oct 31, 2025$0.07
Sep 29, 2025Sep 30, 2025$0.08
Aug 28, 2025Aug 29, 2025$0.08

BLST Risk

How much the fund’s monthly returns vary, scaled to a year.
1.8%
Annualised · 14 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−0.71
vs 3-month T-bills · 14 months to Aug 2026
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.

The largest fall from a peak to the low that followed.
−1.7%
14 months · trough Mar 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.05
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BLST Cost

Expense ratio0.28%
  • The middle half of US Aggregate Bond funds
  • Median 0.34%

41 of the 112 US Aggregate Bond funds charge less.

BLST costs $28.00 a year on $10,000. The median US Aggregate Bond fund costs $34.00.