FOPC ETF — Frontier Asset Opportunistic Credit ETF

Frontier Asset Opportunistic Credit ETF (FOPC)

Updated October 16, 2026.

FOPC is an ETF. its distribution rate is 4.92%, its trailing-12-month yield is 4.51%, its expense ratio is 0.87%. Dividend Vision Distribution Safety Score™ is 92/100 (Safe). Total return is 5.3% over the past 1.8 years, 26.4 points behind SPY at 31.7%.

Frontier Asset Opportunistic Credit ETF is a fund that invests at least 80% of its net assets in U.S. fixed income securities across the investment-grade and non-investment-grade spectrum, typically holding six to twelve underlying ETFs to achieve broad market exposure. The fund carries a current distribution rate in the mid-range, distributes quarterly, and has an expense ratio of 0.87%. It appeals to fixed income investors seeking diversified credit exposure with regular income distributions.

FOPC performance versus SPY

Price and return data through 2026-10-16.

Total return is 5.3% over the past 1.8 years, 26.4 points behind SPY at 31.7%. Over the past year its total return — price change plus distributions reinvested — is -1.0%. Its deepest 1-year drawdown was 3.6%.

FOPC key facts

Distribution Safety Score™

92 · Safe

Safety-Adjusted Yield

4.53%

Issuer

Frontier Asset Management, LLC

Asset type

ETF

Asset class

Fixed Income

Inception date

12/19/2024

Expense ratio

0.87%

Distribution rate

4.92%

Distribution frequency

Quarterly

Trailing yield

4.51%

Last close

$24.54 (as of 2026-10-16)

AUM

$31,847,954

Average volume

244.0

Dividend

$0.302

Ex-dividend date

09/29/2026

Payment date

10/06/2026

Beta

0.0996

How Dividend Vision calculates yield and returns

Distribution rate (4.92%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.51%) 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: Frontier Asset Management, LLC; 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.

FOPC 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 3.6%.

Who may consider FOPC — and who may not

FOPC 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 (FOPC 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 FOPC

• All tickers starting with F

Tagged: Fixed Income.

Frequently asked questions

More securities from Frontier Asset Management, LLC.