5-Mar-2025
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The OneAscent Core Plus Bond ETF (OACP) seeks total return, with an emphasis on income as the source of that total return, while giving special consideration to certain values-based and impact criteria. The Fund primarily invests in a broad range of investment-grade bonds and fixed-income securities, including, but not limited to, U.S. Government securities, corporate bonds, taxable municipal securities and mortgage-backed or other asset-backed securities. The Fund may also invest in other fixed-income securities, including those of non-investment- grade quality (usually called "high-yield" or "junk bonds"). Securities of non- investment-grade quality are speculative in nature. The Fund may invest in fixed-income securities of any duration. For purposes of the 80% investment policy, the term "assets" means net assets, plus the amount of any borrowings for investment purposes.
Unified Series Trust Oneascent Core Plus Bond ETF trades on the ARCA stock market under the symbol OACP.
As of March 5, 2025, OACP stock price declined to $22.82 with 19,635 million shares trading.
OACP has a beta of 0.12, meaning it tends to be less sensitive to market movements. OACP has a correlation of 0.09 to the broad based SPY ETF.
OACP has a market cap of $166.59 million. This is considered a Micro Cap stock.
OACP has underperformed the market in the last year with a return of +5.2%, while SPY returned +15.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in OACP shares. However, OACP has outperformed the market in the last 3 month and 2 week periods, returning 0.0% and +1.4%, while SPY returned -3.7% and -4.6%, respectively. This indicates OACP has been having a stronger performance recently.
OACP support price is $22.81 and resistance is $22.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OACP shares will trade within this expected range on the day.