SanJac Alpha Low Duration ETF (SJLD)

The SanJac Alpha Low Duration ETF is an actively managed exchange-traded fund from SanJac Alpha, an investment firm based in Houston, Texas. The fund seeks to provide current income while keeping sensitivity to interest-rate changes low.

It invests in a portfolio of fixed income securities with short effective durations, which can include corporate bonds, securitized debt and government securities. The managers choose holdings based on credit and relative-value research rather than following a benchmark index, with the aim of a relatively stable, income-oriented profile.