F/m Compoundr High Yield Bond ETF

CPHY

Market cap $4.55M

On Tuesday, F/m Investments expanded its ETF roster by debuting two new funds. Both of these new ETFs were created in partnership with Compoundr LLC, and seek to address dividend tax drag.

WASHINGTON--(BUSINESS WIRE)--F/m Investments (“F/m”), an $18 billion investment firm and an innovative provider of exchange-traded funds (ETFs), today announced the launch of the F/m Compoundr Series of ETFs, a suite of tax-efficient fixed income ETFs developed in partnership with Compoundr LLC, the firm behind the Compoundr Strategy. These ETFs are the first to implement an investable index specifically designed to address the impact of dividend tax drag. The two inaugural ETFs in the series a.