QUICK SPARK: VETZ Wins 5-Star Morningstar Rating, Ranks in Top 10%

The Academy Veteran Bond ETF (NYSE:VETZ) has earned a five-star, three-year Morningstar Rating, placing it in the top 10% of 123 funds in the US Government Mortgage Backed Bond category based on risk-adjusted returns.

Launched in 2023, VETZ primarily invests in loans to U.S. service members, military veterans, their survivors and veteran-owned businesses. Academy Asset Management said the strategy is designed to provide capital to these borrowers while seeking current income for investors.

QUICK CONTEXT: VETZ Takes A Veteran-Focused Approach

VETZ offers investors exposure to a niche corner of the fixed-income market by directing capital toward loans that finance veteran homeownership and small-business activity. Academy Asset Management said the fund’s dedicated investor base can also support liquidity in markets financing these loans.

The Morningstar rating adds a performance-based measure to that mission. The fund ranked in the top decile of its 123-fund peer group over three years, according to the firm.

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