SanJac Alpha Low Duration ETF (SJLD US)
SJLD US$24.86
20 minute delayed
14 days free access
Join Market Matters and get full access to all our Opinion + Action
Performance
Advanced charting functionality with the ability to amend timeframes, chart type & indicator selection, powered by TradingView.
Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 24.86
- Change
- ▼ -0.02 (-0.08)
- Bid / Ask
- 24.81 - 33.80
- Volume
- 104
- Turnover
- 13,299
- Open
- 24.80
- Day Range
- 24.80 - 24.80
- VWAP
- 25.38
- Prev Close
- 24.87
- Last Trade
- 28/10 4:00pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$2.2M
OCT 2026
Distributions
Quarterly
Since inception
2.1 yrs
SEP 2024
- Legal name
- SanJac Alpha Low Duration ETF
- Issuer
- SanJac
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Actively managed
- Morningstar category
- Short-Term Bond
- Category index
- Bloomberg US Govt/Credit 1-3 Yr TR USD
- Benchmark
- N/A
- ETF net assets
- $2.2M
- Units on issue
- 90,000
- Management fee
- 0.35% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 9 SEP 2024
- Listed
- 10 SEP 2024
Objective and strategy
The investment seeks current income consistent with preservation of capital and daily liquidity. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by principally investing in short-term, investment-grade debt instruments. It seeks to typically maintain an average portfolio duration of less than two years. The fund is non-diversified.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 0.00%Non-US equity 0.00%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 0.00 | 0.00 | — |
| Bond | 27.27 | 27.27 | — |
| Cash | 43.68 | 43.68 | — |
| Other | 29.05 | 29.05 | — |
Portfolio statistics · 22 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Assets in top 10
- 56.28%
Top holdings · top 10 = 99.62% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| United States Treasury Bonds 2.38% | 39.13 | — | 872,109 | USD | 869,300 | — | United States | |
| United States Treasury Notes 1.63% | 27.00 | — | 601,911 | USD | 624,137 | — | United States | |
| PennyMac Mortgage Investment Trust 9% | 6.81 | — | 151,800 | USD | 6,000 | — | United States | |
| PennyMac Mortgage Investment Trust 9% | 6.67 | — | 148,739 | USD | 5,900 | — | United States | |
| MFA Financial Inc. 9% | 4.52 | — | 100,640 | USD | 4,000 | — | United States | |
| NextEra Energy Capital Holdings Inc 6.5% | 4.43 | — | 98,685 | USD | 4,500 | — | United States | |
| Tpg Mortgage Investment Trust Inc. 9.5% | 3.40 | — | 75,810 | USD | 3,000 | — | United States | |
| Chimera Investment Corporation 9.25% | 3.39 | — | 75,630 | USD | 3,000 | — | United States | |
| MFA Financial Inc. 8.88% | 3.38 | — | 75,390 | USD | 3,000 | — | United States | |
| U.S. Bank Money Market Deposit Account | 0.88 | — | 19,705 | USD | 19,705 | — | — |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
-0.5
3M
0.2
6M
1.6
YTD
2.0
1Y
3.0
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -0.51 | -0.50 | -0.48 | 6 / 555 |
| 3 months | 0.22 | 0.35 | 0.31 | 3 / 553 |
| 6 months | 1.62 | 1.28 | 1.80 | 3 / 551 |
| Year to date | 1.98 | 1.11 | 2.25 | 2 / 549 |
| 1 year | 3.02 | 2.84 | 3.38 | 3 / 543 |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
Total Capital
2025
5.1
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 5.10 | 1.26 | 88 / 553 |
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | 0.87 | — | — | — |
| Beta | 0.30 | — | — | — |
| R-squared | 41.34 | — | — | — |
| Standard deviation | 1.91 | — | — | — |
| Sharpe ratio | -0.43 | — | — | — |
| Sortino ratio | -0.57 | — | — | — |
| Tracking error | 3.21 | — | — | — |
| Information ratio | 1.51 | — | — | — |
| Upside capture % | 88.65 | — | — | — |
| Downside capture % | 10.21 | — | — | — |
| Maximum drawdown % | -0.75 | — | — | — |
Measured against Bloomberg US Agg Bond TR USD with USTREAS T-Bill Auction Ave 3 Mon as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
5.6
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Market impact cost %
- 0.835
- Best quarter
- 2.30% · AUG 2025
- Worst quarter
- 0.44% · MAR 2026
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.35% p.a.
- PDS dated
- 30 SEP 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.3892
- Ex Date
- 15 SEP 2026
- Record Date
- 15 SEP 2026
- Pay Date
- 16 SEP 2026
- NAV at ex date
- 24.84
- Paid this year
- 1.0091
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
0.9
2023
0.3
| Year | Per unit ($) |
|---|---|
| 2024 | 0.9464 |
| 2023 | 0.3147 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 15 SEP 2026 | 0.3892 |
| 16 JUN 2026 | 0.3799 |
| 17 MAR 2026 | 0.2400 |
| 16 DEC 2025 | 0.2668 |
| 16 SEP 2025 | 0.2185 |
| 17 JUN 2025 | 0.2830 |
| 18 MAR 2025 | 0.1781 |
| 18 DEC 2024 | 0.3147 |
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
Above Average
ESG risk score
14.87
Negligible
Low
Medium
High
Severe
Category average 20.41
- Rank in category
- 3rd percentile of 3,379 funds
- Environmental risk
- 1.57
- Social risk
- 1.70
- Governance risk
- 0.63
- Portfolio covered
- 89.7%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
- Negligible
- 0.00%
- Low
- 84.15%
- Medium
- 15.85%
- High
- 0.00%
- Severe
- 0.00%
0.00% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
5.47
Low
Medium
High
Severe
Category average 9.98
- Carbon risk
- Low Risk
- Rank in category
- 10th percentile of 424 funds
- Fossil fuel involvement
- 14.22%
- Category average
- 12.06%
- Low Carbon Designation
- No
- Portfolio covered
- 89.7%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Andrew Wells
- Andrey Vladyko
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 2
- Average tenure
- 2.1 years
- Longest tenure
- 2.1 years
- Longest serving
- Andrew Wells, Andrey Vladyko · since 9 SEP 2024
- Most recent appointment
- Andrew Wells, Andrey Vladyko · since 9 SEP 2024
- Managed since
- 9 SEP 2024
- Other funds managed
- 2
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
Opinion
No opinions for this company yet.
Action
No actions for this company yet.
Relevant suggested news and content from the site
Video
WATCH
Webinar Recording: Are commodities entering a Supercycle?
Recorded Wednesday 24th June @ 12.30pm
Podcast
LISTEN
Thursday 11th September – Dow off -220pts, SPI off -20pts
Daily Podcast Direct from the Desk
Video
WATCH
Buy Hold Sell: The 6 income stocks readers love, plus 2 expert ideas
Recorded 10th June 2026
Podcast
LISTEN
Wednesday 10th September – Dow up +196pts, SPI down -4pts
Daily Podcast Direct from the Desk
