Fund Evaluator:
Simplify Opportunistic Income ETF (CRDT)
Follow This Fund
Fixed Income
Global Asset Class
Taxable Bond
Fund Group
Multisector Bond
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.99% F
Expense Ratio
$31 Mil
Assets
Open
Status
0.00%
12b-1 Fee
5.85%
TTM Yield
0.00%
Max Load
418%
Portfolio Turnover
Best Performing in Multisector Bond Over the Last Year
| 6.2% | Morningstar Multisector Bond (MSTMX) |
| 5.5% | Fidelity Advisor Strategic Income Z (FIWDX) |
| 4.9% | Russell Inv Opportunistic Credit Y (RGCYX) |
| 4.9% | Kinetics Multi-Disciplinary Inc No Load (KMDNX) |
| 4.9% | Payden Managed Income SI (PKBIX) |
Data as of 8/31/2026
-0.3% F
1-Mo Return
-1.5% F
3-Mo Return
2.7% A
YTD Return
1.8% F
1-Yr Return
3.5% F
3-Yr Return
na
5-Yr Return
1.25 F
Category Risk Index
0.48
Total Risk Index
Fund Details
Fund Family
Simplify Asset Management
Inception Date
6/26/2023
Share Class Type
Equity Investment Style
Small-Cap
Value
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg US Agg Bond TR USD: 100%
Additional Fund Details
Simplify Opportunistic Income ETF Overview
CRDT Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| CRDT Return (NAV) | -0.3% | -1.5% | 1.8% | 3.5% | na | na |
| CRDT Grade | F | F | F | F | na | na |
| +/- Category | -0.8% | -1.6% | -1.7% | -3.1% | na | na |
| Multisector Bond Avg | 0.5% | 0.1% | 3.6% | 6.6% | 2.4% | 3.5% |
| CRDT Tax Cost Ratio | na | na | 2.3% | 2.7% | na | na |
CRDT Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CRDT Return (NAV) | 2.7% | -0.4% | 4.9% | na | na | na | na | na | na | na | na |
| CRDT Grade | A | F | C | na | na | na | na | na | na | na | na |
| +/- Category | 1.3% | -8.4% | -0.8% | na | na | na | na | na | na | na | na |
| Multisector Bond Avg | 1.4% | 8.1% | 5.7% | 8.4% | -10.1% | 2.2% | 6.3% | 10.3% | -1.9% | 6.6% | 7.5% |
| Risk Measures | |
| Standard Deviation: | 5.9% |
| Total Risk Index: | 0.48 - Low |
| Category Risk Index: | 1.25 - High |
| Category Risk Grade: | F (88% Rank) |
| Beta: | 0.52 |
| R-Squared: | 25% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Value |
| Bond Investment Style: | na |
| Yield: | 5.9% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $31 Mil |
| Fund Total Assets: | $ 31 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 418% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 3.2 years | |||
| Average Tenure: 2.8 years | |||
| Managers (Year): Miller Ken (2023), Berns David (2023), Hegener Joe (2023), Getter Chris (2024) | |||
Portfolio Composition (as of 8/31/26)
| # of Holdings: | 44 |
| % in Top 10 Holdings: | 243.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 8.7% |
Portfolio Allocation |
|
| Domestic Stock: | 36.6% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 19.9% |
| Domestic Bond: | 235.8% |
| Foreign Bond: | 8.7% |
| Convertible Bond: | 3.9% |
| Other: | 0.0% |
| Cash: | -204.9% |
Purchase Information
| Fund Family: | Simplify Asset Management |
| Phone Number: | 855-772-8488 |
| Website: |
| Status: | Open |
| Inception Date: | June 26, 2023 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.99% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.94% |
| Share Class: | Simplify Opportunistic Income ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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