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OWNS

GradeCNew York Stock Exchange Arca

CCM Affordable Housing MBS ETF

Core US Bond · Impact Shares · Inception 2021-07-25

$16.70−0.19 (−1.12%)

As of Sep 23, 2026, 1:01 PM EDT

Intraday session: down, 6 prints from 16.89 to 16.70. Range 16.70 to 16.81. Use the arrow keys to read each point.$16.73$16.75$16.77$16.8010 AM12 PM2 PM4 PM
Expense ratio
0.68%
Fund size
$105M
1Y return
+0.4%
Yield · Last 12 months
4.40%
Volume · 30D
0M sh
NAV per share
$16.88
52W range
low $16.73high $18.04

The ETF.net OWNS Grade

C

40/ 100

Rank 9 of 10 in Core Securitized Bond⁠

Confidence High

Six-pillar profile for OWNS. Scores out of 100: Cost 14, Risk 35, Mission 84, Tradability 24, Holdings 45, Durability 35. Strongest: Mission (84). Weakest: Cost (14). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 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.
    FScore 14
    Category rank9/10 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 84
    Category rank6/9 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 35
    Category rank9/10 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 24
    Category rank9/10 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 45
    Category rank6/10 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 35
    Category rank8/10 · bottom quartile

Graded as of Sep 22, 2026

Our read on OWNS

ETF.net Research

CA bond fund with a street address. OWNS buys mortgage-backed securities tied to affordable-housing loans, chasing current income while pointing capital at one specific slice of the US mortgage market.

Stated mandate

The Fund seeks to generate current income, primarily through mortgage-backed securities associated with affordable-housing mortgages.

Why people hold it

  1. 01The mission sits inside the bonds, not in a screen bolted onto a generic index: it seeks current income primarily from MBS tied to affordable-housing mortgages.
  2. 02US-only fixed income with the mandate spelled out in its own filings, so what the portfolio is meant to do is easy to check.
  3. 03Pays income quarterly, spread across a couple hundred mortgage positions rather than a handful of bets.

Worth knowing

  1. 01It charges 0.57% a year. Plain core bond index funds (BND, SPAB, SCHZ) run 0.03%, so the gap is what targeted mortgage sourcing costs.
  2. 02Thinly traded next to the core bond giants, which can mean wider spreads and more care needed on bigger orders.
  3. 03Mortgage bonds react to interest rates and to homeowners refinancing early, so the income stream moves even when credit quality holds up.

OWNS Holdings

As of Sep 20, 2026, 9:16 AM
Asset class
Bonds
Holdings
—
Top-10 weight
24%
Largest holding
FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND CLASS X4.5%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 18.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND CLASS X4.53%4,720,619$5M2
002—FR RA7748 3% 08/01/524.17%5,185,563$4M7
003—FN BT7259 2% 09/01/513.02%4,082,361$3M1
004—FN CB7019 4.5% 09/01/532.23%2,508,985$2M1
005—FN CB7613 5% 12/01/531.98%2,160,539$2M1
006—FN BT7190 2.5% 08/01/511.81%2,323,760$2M1
007—FN CB3606 3.5% 05/01/521.65%1,975,690$2M2
008—FN CB7018 4% 09/01/531.64%1,903,618$2M1
009—FR QC6906 2% 09/01/511.49%2,014,321$2M1
010—FR RA6649 2% 01/01/521.47%1,983,920$2M8
011—FN CB2400 2.5% 12/01/511.45%1,876,011$2M7
012—FN BT7351 2% 10/01/511.38%1,861,138$1M1
013—Cash1.36%1,421,006$1M104
014—FN CB6590 4% 06/01/531.27%1,476,201$1M1
015—FN DG5568 5% 03/01/561.20%1,318,784$1M1

Showing 1–15 of 265 holdings

OWNS Performance

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

OWNS$10,037
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. OWNS $10,037. 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 OWNS. Periods over one year show the average yearly return.
PeriodOWNS
Year to date−1.3%
1 month−1.1%
3 months−2.1%
1 year+0.4%
3 years+4.3%per year
5 years−0.1%per year
10 yearsFund is under 10 years old—per 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 OWNS
YearReturn barOWNS
2026 YTD−1.3%
2025+7.7%
2024+1.7%
2023+4.1%
2022−11.0%
2021−1.2%

History from Jul 27, 2021

OWNS in the news

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

OWNS 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.
4.40%Last 12 months
Payout per share
$0.74Last 12 months
Last payment
$0.16 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2021–2026

One bar per payment. 20 payments from 2021 to 2026 YTD. Sep 27, 2021 $0.04; Dec 28, 2021 $0.10; Mar 28, 2022 $0.09; Jun 27, 2022 $0.10; Sep 27, 2022 $0.11; Dec 27, 2022 $0.12; Mar 28, 2023 $0.13; Jun 27, 2023 $0.13; Sep 26, 2023 $0.13; Dec 26, 2023 $0.13; Mar 26, 2024 $0.16; Jun 26, 2024 $0.15; Sep 26, 2024 $0.15; Dec 26, 2024 $0.16; Mar 31, 2025 $0.15; Jun 30, 2025 $0.17; Sep 30, 2025 $0.19; Dec 31, 2025 $0.20; Mar 31, 2026 $0.18; Jun 30, 2026 $0.16. Use the arrow keys to read each point.202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 30, 2026Jul 1, 2026$0.16
Mar 31, 2026Apr 1, 2026$0.18
Dec 31, 2025Jan 2, 2026$0.20
Sep 30, 2025Oct 1, 2025$0.19
Jun 30, 2025Jul 1, 2025$0.17
Mar 31, 2025Apr 1, 2025$0.15
Dec 26, 2024Dec 30, 2024$0.16
Sep 26, 2024Sep 30, 2024$0.15
Jun 26, 2024Jun 28, 2024$0.15
Mar 26, 2024Apr 1, 2024$0.16
Dec 26, 2023Dec 29, 2023$0.13
Sep 26, 2023Sep 29, 2023$0.13

OWNS Risk

How much the fund’s monthly returns vary, scaled to a year.
6.2%
Annualised · 36 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.
−0.04
vs 3-month T-bills · 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.
−16.7%
Trough Oct 2023
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.
1.04
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.

OWNS Cost

Expense ratio0.68%
  • The middle half of Core Securitized Bond funds
  • Median 0.40%

8 of the 10 Core Securitized Bond funds charge less.

OWNS costs $68.00 a year on $10,000. The median Core Securitized Bond fund costs $39.50.