Weitz Core Plus Bond ETF

C000262836 Fund Overview

Weitz Core Plus Bond ETF is a US ETF managed by Northern Lights Fund Trust II, categorised as Long Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: Northern Lights Fund Trust II
• Category: Long Total / Aggregate Bond
• Assets under management: $197.96M
• 1-year return: 3.6%
• SEC CIK: 0001518042
• SEC series ID: S000094334
• Share class ID: C000262836

C000262836 Investment Objective and Strategy

Weitz Core Plus Bond ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northern Lights Fund Trust II.

Investment objective

The investment objective of the Weitz Short Duration Bond ETF (the ?Fund?) is to provide current income consistent with the preservation of capital.

Principal investment strategy

The Fund is an actively managed ETF and, thus, does not seek to replicate the performance of a specified index of securities. Instead, it uses an active investment strategy that seeks to meet its investment objective. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, bonds, including derivative instruments or other instruments that have economic characteristics similar to bonds. Bond include debt securities such as: (1) U.S. Government securities (including securities issued by government-sponsored enterprises); (2) structured products, such as agency and non-agency residential mortgage-backed securities, commercial mortgage-backed securities, other asset-backed securities (such as automobile loans, credit card receivables, other consumer loans and other debt securitizations), and collateralized obligations (such as collateralized debt obligations, collateralized loan obligations and collateralized mortgage obligations) (collectively, ?Structured Products?); (3) corporate debt securities; (4) loans and participation interests in loans or loan pools, such as bank loans, commercial loans, mortgage loans and consumer loans (collectively, ?Loans?); and (5) securities issued by foreign governments, which may include sovereign debt.

The Fund may invest up to 15% of its total assets in debt securities which are unrated or non-investment grade (commonly referred to as ?high yield? or ?junk bonds?); however, U.S. Government securities, as described above, even if unrated, do not count toward this 15% limit. We consider investment grade to mean rated at least BBB- by one or more nationally recognized credit ratings firms. The Fund may, but is not required to, use derivatives, such as options, futures contracts, including bond and interest rate futures, and options on futures. The Fund may use derivatives for a variety of purposes, including to attempt to hedge against adverse changes in the market price of securities, interest rates; as a substitute for purchasing or selling securities; to attempt to increase the Fund?s return; to manage portfolio characteristics; and as a cash flow management technique.

The Fund may choose not to make use of derivatives for a variety of reasons, and any use may be limited by applicable law and regulations. These derivative instruments will count toward the Fund?s 80% policy only if they have economic characteristics similar to the securities included within that policy. The Fund may invest in securities issued by non-U.S. issuers, which securities may be denominated in U.S. dollars or foreign currencies. We select debt securities whose yield is sufficiently attractive in view of the risks of ownership. In deciding whether the Fund should invest in particular debt securities, we consider a number of factors such as the price, coupon and yield-to-maturity, as well as the credit quality of the issuer. We review the terms of the debt security, including subordination, default, sinking fund, and early redemption provisions.

The Fund may invest in debt securities of all maturities, but expects to maintain an average effective duration between one to three and a half years. ?Duration? is a measure of a debt security?s price sensitivity to changes in interest rates. The longer the duration of the Fund?s overall portfolio (or an individual debt security), the more sensitive its market price will be to changes in interest rates. For example, if interest rates increase by 1%, the market price of a debt security with a duration of 3 years will generally decrease by approximately 3%. Conversely, a 1% decline in interest rates will generally result in an increase of approximately 3% of that security?s market price. The Fund may also invest in common stocks, preferred stocks and securities convertible into stocks. The Fund is classified as a ?non-diversified?

investment company under the Investment Company Act of 1940, as amended (the ?1940 Act?), which means that it may invest a high percentage of its assets in a limited number of issuers. If we determine that circumstances warrant, a greater portion of the Fund?s portfolio may be retained in cash and cash equivalents such as U.S. Government securities or other high-quality debt securities. In the event that the Fund takes such a temporary defensive position, it may not be able to achieve its investment objective during this temporary period.

C000262836 Holdings

Top 10 holdings of Weitz Core Plus Bond ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000262836 holdings

C000262836 Portfolio Allocation

Asset-class allocation of Weitz Core Plus Bond ETF by percentage of net assets, from the latest SEC N-PORT filing.

C000262836 Performance

Total returns for C000262836 (as of 2026-10-01), from SEC filings.

C000262836 Risk Information

Risk metrics for C000262836, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 2.5%

C000262836 Costs and Fees

C000262836 costs about $45 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.45%
• Gross expense ratio: 0.65%
• Portfolio turnover: 23%
• Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000262836 Cashflows

Over the 12 months to 2026-05, Weitz Core Plus Bond ETF had net inflows of $199.47M, from monthly SEC N-PORT filings.

C000262836 Debt Constituents

Largest debt holdings of Weitz Core Plus Bond ETF by percentage of net assets, from the latest SEC N-PORT filing.

C000262836 Prospectus and SEC Filings

Official Weitz Core Plus Bond ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-09-24
• Prospectus (485BPOS) — filed 2026-03-24
• Prospectus (485BPOS) — filed 2025-08-01
• Portfolio holdings (N-PORT) — filed 2026-07-27
• Portfolio holdings (N-PORT) — filed 2026-04-23
• Portfolio holdings (N-PORT) — filed 2026-01-29
• Annual census (N-CEN) — filed 2026-08-13

Related Funds

Other Long Total / Aggregate Bond funds tracked on ABC INVEST:

• Dodge & Cox Income Fund (DODIX)
• Bond Fund Of America (ABNDX)
• Fidelity U.S. Bond Index Fund (FUBFX)
• Baird Aggregate Bond Fund (BAGIX)
• PGIM Total Return Bond Fund (PDBAX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.