This actively managed exchange-traded fund (ETF) aims to generate a strong and sustainable level of current income while ensuring high liquidity. To achieve this, it typically commits at least 80% of its net assets to U.S. Treasury obligations and investment-grade corporate bonds with maturities ranging from zero to two years. This allocation strategy particularly emphasizes ultra-short term U.S. Treasury securities. The fund also has the flexibility to invest in other ETFs that primarily hold similar fixed-income instruments.