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FundX Flexible ETF

Formerly FundX Flexible Income Fund (INCMX)
The Flexible ETF (XFLX) gives you a flexible approach to fixed income investing. With XFLX, you'll own a full portfolio of bond and total-return ETFs that adapts to changing bond markets, including changing interest rates. XFLX is designed for investors who seek the stability of fixed income and a buffer against the volatility of stocks.

Why Own XFLX?

  • Tax efficiency: ETFs may be a good fit for taxable accounts because they rarely make capital gains distributions.

  • Active management: FundX ETFs can take action as market and economic conditions change in an effort to mitigate risk and capitalize on new opportunities.

  • Diversification: FundX ETFs are an efficient way to diversify across different managers, strategies, and indexes. Own a full ETF portfolio in one ETF purchase.

  • Expertise: FundX has been managing portfolios of ETFs for decades through many market cycles and economic environments.

Actively Managed

Bond ETF portfolio

Ticker:
XFLX

Inception date

07/01/02

Fund facts

Fund holdings are subject to change at any time and are not recommendations to buy or sell any of the underlying funds. References to other mutual funds should not be considered an offer of these securities. Global allocation is based on the most recent data available from Morningstar.

This chart illustrates the performance of a hypothetical $10,000 investment made in the Fund for the period ending 01/30/2024. It assumes reinvestment of dividends and capital gains, but does not reflect the effect of any applicable sales charge or redemption fees. This chart does not imply any future performance.

Month End
Performance % to 01/31/2024 1 Mo YTD 1 Yr
XFLX 0.24 0.24 2.38
Bloomberg Agg Bond Index -0.27 -0.27 2.10
Gross expense ratio 1.17%
Net expense ratio 1.17%

(includes underlying fund expenses) 
The advisor has contractually agreed to a fee waiver through January 31, 2024.

Quarter End
Performance % to 12/31/2023 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
XFLX 3.73 1.23 1.66 3.82 123.92
Bloomberg Agg Bond Index 5.53 1.10 1.81 3.42 106.26
Gross expense ratio 1.17%
Net expense ratio 1.17%

(includes underlying fund expenses) 
The advisor has contractually agreed to a fee waiver through January 31, 2024.

Top holdings

as of 09/30/2023

iShares Broad USD Invm Grd Corp
USIG
21.64
Janus Henderson AAA CLO
JAAA
17.57
SPDR Portfolio High Yield Bond
SPHY
11.75
SPDR Bloomberg High Yield Bond
JNK
10.87
First Trust Senior Loan Fund
FTSL
10.18
Global X S&P500 Covered Call
XYLD
10.01
VanEck Fallen Angel High Yield Bond
ANGL
6.51
PIMCO Enh Sht Mat Strat
MINT
5.63
First Trust TCW Unconstrained Plus Bd
UCON
5.10
Fidelity Instl Cash Portfolios Govt Cl I
FIGXX
0.49
Cash
CASH
0.26

Fund holdings are subject to change at any time and are not recommendations to buy or sell any of the underlying funds. References to other mutual funds should not be considered an offer of these securities. Global allocation is based on the most recent data available from Morningstar.

Fixed Income Allocation

as of 09/30/2023

Hi Yield Bonds
29.13%
Short Term Bonds
23.20%
Intermediate Bonds
21.64%
Floating Rate
10.18%
Low Volatility Equity
10.01%
Strategic Bonds
5.10%
Cash
0.74%
Month End
Performance % to 01/31/2024 1 Mo YTD 1 Yr
XFLX 0.24 0.24 2.38
Bloomberg Agg Bond Index -0.27 -0.27 2.10
Gross expense ratio 1.17%
Net expense ratio 1.17%

(includes underlying fund expenses) 
The advisor has contractually agreed to a fee waiver through January 31, 2024.

Quarter End
Performance % to 12/31/2023 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
XFLX 3.73 1.23 1.66 3.82 123.92
Bloomberg Agg Bond Index 5.53 1.10 1.81 3.42 106.26
Gross expense ratio 1.17%
Net expense ratio 1.17%

(includes underlying fund expenses) 
The advisor has contractually agreed to a fee waiver through January 31, 2024.

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call 866-455-3863. Returns shown are cumulative, unless otherwise noted.

The Bloomberg US Aggregate Bond Index is a market-capitalization-weighted index of investment-grade fixed-rate debt issues, including government, corporate, asset-backed, and mortgage-backed securities, with maturities of at least one year. You cannot invest directly in an index.

How to Invest

FundX ETFs are available at major brokers, including Charles Schwab, Fidelity, Etrade, and more.