Weitz Multisector Bond ETF

WMSB

Market cap $7.55M

Yesterday, Weitz Investment Management, Inc. launched the Weitz Multisector Bond ETF (WMSB). Representing a bet on growing advisor demand for flexible bond strategies among ETFs, the fixed income strategy is “designed to provide a high level of current income through flexible exposure across credit sectors, durations, and levels of credit quality,” per Weitz's press release.