SOFR was created on 2023-11-15 by Amplify. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 431.18m in AUM and 3 holdings. SOFR is actively managed, focusing mainly on repurchase agreements (repo) with the intent to mirror the Secured Overnight Financing Rate. The fund seeks to generate higher monthly income over cash portfolios while limiting yield curve exposure.