It is a passively managed exchange-traded fund that seeks to track the J.P. Morgan GABI USD Liquid Plus Index, which provides broad exposure to U.S. dollar-denominated investment-grade and high-yield fixed-income securities. The fund invests across multiple bond sectors, including U.S. Treasury securities, investment-grade and high-yield corporate bonds, mortgage-backed securities, emerging-market debt, asset-backed securities, and collateralized loan obligations. It uses a representative sampling strategy to provide diversified core-plus fixed-income exposure with enhanced income potential.