Congress Intermediate Bond ETF
$24.07−0.15 (−0.62%)
- Expense ratio
- 0.35%
- Fund size
- $313M
- 1Y return
- +0.2%
- Yield · Last 12 months
- 4.11%
- Volume · 30D
- 0M sh
- NAV per share
- $24.22
- 52W range
The ETF.net CAFX Grade
Score 50 of 100 sits in the C 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.DScore 28Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 95Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 60Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 30Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 36Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 37Category rank
Our read on CAFX
CA boutique manager's active take on the boring middle of the bond market: Congress buys investment-grade paper itself, keeps average maturity inside ten years, and pays out monthly.
The Fund seeks to maximize total return through active management of a portfolio invested primarily in debt securities and similar instruments.
Why people hold it
- Actively managed rather than index-tracking: the mandate is to maximize total return from U.S.-dollar investment-grade bonds, benchmarked to the Bloomberg U.S. Intermediate Government/Credit Index.
- The prospectus pins dollar-weighted average maturity to a zero-to-ten-year band, so the interest-rate lane is defined by document, not by manager mood.
- 0.35% a year puts it around the middle of the broad bond-fund pack on cost, unusual for active management, and income lands monthly.
Worth knowing
- The index heavyweights in this category charge 0.03% (BND, SPAB, SCHZ). Active selection here starts each year with that fee gap behind it.
- Launched in 2024, so the live record is short and the fund still sits in the lower half of a crowded aggregate-bond field.
- Shares trade thinly. Spreads and order type matter more here than with the giant core bond ETFs.
CAFX Holdings
- Bonds
- —
- 37%
- 91282CMM0
Geography
- United States88.84%
- United Kingdom4.64%
- Australia2.30%
- Netherlands2.28%
- Japan1.94%
CAFX 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 | CAFX |
|---|---|
| Year to date | −0.6% |
| 1 month | −0.8% |
| 3 months | −0.8% |
| 1 year | +0.2% |
| 3 years | — |
| 5 years | — |
| 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 | CAFX |
|---|---|---|
| 2026 YTD | −0.6% | |
| 2025 | +6.5% | |
| 2024 | −1.7% |
CAFX in the news
ETF.net Research hasn’t filed on CAFX yet — coverage lands here as it’s written.
CAFX Dividends
- 4.11%
- $0.99
- $0.08 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Aug 31, 2026 | $0.08 |
| Jul 30, 2026 | Jul 31, 2026 | $0.09 |
| Jun 29, 2026 | Jun 30, 2026 | $0.08 |
| May 28, 2026 | May 29, 2026 | $0.08 |
| Apr 29, 2026 | Apr 30, 2026 | $0.09 |
| Mar 30, 2026 | Mar 31, 2026 | $0.09 |
| Feb 26, 2026 | Feb 27, 2026 | $0.07 |
| Jan 29, 2026 | Jan 30, 2026 | $0.07 |
| Dec 11, 2025 | Dec 15, 2025 | $0.11 |
| Nov 25, 2025 | Nov 26, 2025 | $0.06 |
| Oct 30, 2025 | Oct 31, 2025 | $0.09 |
| Sep 29, 2025 | Sep 30, 2025 | $0.08 |
CAFX Risk
- 2.5%
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.
- −2.6%
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.
- 0.04
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CAFX Cost
- The middle half of Investment Grade Corporate (5-10 Year) funds
- Median 0.19%
6 of the 9 Investment Grade Corporate (5-10 Year) funds charge less.