Core Insights - The active corporate bond ETF KORP has gained a five-star rating from Morningstar, highlighting its strong performance in the market [1] - KORP has seen its assets under management (AUM) triple since 2020, indicating significant growth and popularity among investors [1] - The fund focuses on intermediate-term investment-grade corporate bonds while also allocating some assets to junk bonds, achieving a yield to maturity of 5.8% and a 30-day SEC unsubsidized yield of 4.9% as of December 31 [1] Performance Metrics - KORP has delivered an 8.5% return over the past year, outperforming its ETF Database Category average [1] - The fund charges a fee of 29 basis points for its services, which is competitive in the active ETF space [1] Strategic Advantages - The active management strategy allows KORP to closely analyze issuer fundamentals and sector data, providing an edge over passive bond funds that replicate indexes [1] - Active funds like KORP can adjust their holdings in response to early calls or defaults, enhancing their resilience in uncertain market conditions [1]