FFIU ETF — Fieldstone UVA Unconstrained Medium-Term Fixed Income ETF

Fieldstone UVA Unconstrained Medium-Term Fixed Income ETF (FFIU)

Updated October 16, 2026.

FFIU is an ETF. its distribution rate is 4.43%, its trailing-12-month yield is 4.32%, its expense ratio is 0.54%. Dividend Vision Distribution Safety Score™ is 93/100 (Safe). Total return is 11.8% over the past 9.2 years, 250.6 points behind SPY at 262.4%.

Fieldstone UVA Unconstrained Medium-Term Fixed Income ETF is an actively managed fixed income fund that seeks current income by investing principally in bonds and debt securities of any kind—from both government and private issuers—with an average effective duration between three and ten years. The fund distributes quarterly at a moderate current distribution rate, carries an expense ratio of 0.54%, and maintains a modest asset base. It appeals to income-focused investors seeking diversified fixed income exposure with moderate duration characteristics.

FFIU performance versus SPY

Price and return data through 2026-10-16.

Total return is 11.8% over the past 9.2 years, 250.6 points behind SPY at 262.4%. Over the past year its total return — price change plus distributions reinvested — is -4.2%. Its deepest 1-year drawdown was 7.4%.

FFIU key facts

Distribution Safety Score™

93 · Safe

Safety-Adjusted Yield

4.12%

Issuer

Spinnaker

Asset type

ETF

Asset class

Fixed Income

Inception date

08/18/2017

Expense ratio

0.54%

Distribution rate

4.43%

Distribution frequency

Quarterly

Trailing yield

4.32%

Last close

$20.77 (as of 2026-10-16)

AUM

$50,167,904

Average volume

213.0

Dividend

$0.23

Ex-dividend date

09/29/2026

Payment date

09/30/2026

Beta

1.19

How Dividend Vision calculates yield and returns

Distribution rate (4.43%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.32%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Spinnaker; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FFIU risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.4%.

Who may consider FFIU — and who may not

FFIU may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (FFIU pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FFIU

• All tickers starting with F

Tagged: Fixed Income.

Frequently asked questions

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