
Academy Asset Management, a veteran-owned institutional asset manager, is pleased to celebrate surpassing $100 Million in AUM for the Academy Veteran Bond ETF (NYSE:VETZ).

This press release features multimedia. View

Academy Asset Management, a veteran-owned institutional asset manager, is pleased to celebrate surpassing $100 Million in AUM for the Academy Veteran Bond ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/VETZ">VETZ</a>).

This press release features multimedia. View the full release here: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260421465919/en/" rel="nofollow">https://www.businesswire.com/news/home/20260421465919/en/</a><div xmlns="http://www.w3.org/1999/xhtml" id="bwbodyimg" style="width: 480px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;"><img xmlns="http://www.w3.org/1999/xhtml" src="https://mms.businesswire.com/media/20260421465919/en/2780878/4/AAM-CB-Photo-20251111-KK-PRESS-013.jpg" alt="Academy Asset Management: (From L to R: Phil McConkey, Anthony Graham, Randy Lauer, Seth Rosenthal, Spencer Wilcox, Chance Mims)"></img>Academy Asset Management: (From L to R: Phil McConkey, Anthony Graham, Randy Lauer, Seth Rosenthal, Spencer Wilcox, Chance Mims)</div>
The AUM milestone comes at a critical time, as housing affordability has remained one of the most pressing financial challenges facing U.S. veterans. Rising home prices, elevated mortgage rates, and frequent relocations create structural barriers to long-term wealth building for service members and their families. Academy Asset Management launched the Academy Veteran Bond ETF in 2023 as the first publicly traded ETF to primarily invest in loans to U.S. service members, military veterans, their survivors, and veteran-owned businesses. Investing in these loans helps facilitate the flow of capital to veterans, resulting in lower borrowing costs for them and their families. By providing a dedicated investor base for these securities, VETZ supports continued liquidity in markets that finance veteran homeownership and small business activity, while seeking to deliver current income to investors. It expands access to homeownership and business opportunities for those who served, while strengthening the reach of federal programs during a time of limited resources.


Leading with performance, VETZ continues to beat the mortgage index and products with similar investment objectives in the mortgage space, while also delivering tangible, reportable, and observable impact to the active duty servicemember and veteran community.


The 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 sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling (866) 631-0504.


View standardized performance at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.academyetfs.com&amp;esheet=54519916&amp;newsitemid=20260421465919&amp;lan=en-US&amp;anchor=www.academyetfs.com&amp;index=1&amp;md5=917596f7c88c3b432bbd1c5d359f9739" shape="rect">www.academyetfs.com</a>.


"Reaching $100 million in AUM is an important validation of VETZ's strategy and purpose," stated Academy's Chairman and CEO Chance Mims. "Investors are increasingly seeking opportunities that not only deliver returns but also create measurable social impact. VETZ provides a vehicle to do both."


"Crossing this key threshold reflects the consistency of the strategy and investor confidence in our approach. We're grateful to our investors for the opportunity to deliver competitive performance while supporting the veteran community in a measurable way," stated Academy Asset Management's CIO Seth Rosenthal.


"This milestone reinforces that investors are looking beyond traditional benchmarks. They want exposure to strategies that are grounded in real economic needs, like housing, while also supporting communities such as veterans who have served our country," stated Phil McConkey, Vice Chairman of Academy Securities.


<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D1YPD_aAV0UQ&amp;esheet=54519916&amp;newsitemid=20260421465919&amp;lan=en-US&amp;anchor=VETZ+%24100+Million+Milestone+Video&amp;index=2&amp;md5=fa55131587121c9ba47226834aedf50e" shape="rect">VETZ $100 Million Milestone Video</a>


About Academy Asset Management (AAM):


Academy Asset Management is the nation's first post-9/11 veteran-owned and operated institutional asset manager, specializing in fixed-income funds and separately managed accounts. Our leadership and team members bring rigorous military training combined with deep expertise in global capital markets. Mission-driven and guided by a strong ethical foundation, we operate with a high degree of accountability and a relentless focus on our clients' success. Academy Asset Management is an SEC registered investment adviser, certified Disabled Veteran Business Enterprise (DVBE), and Service-Disabled Veteran Owned Business (SDVOB) and has offices in New York, Chicago, and San Diego. To learn more, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.academyassetmanagement.com&amp;esheet=54519916&amp;newsitemid=20260421465919&amp;lan=en-US&amp;anchor=www.academyassetmanagement.com&amp;index=3&amp;md5=c60e1d16a17406b97ea53b9be8f00666" shape="rect">www.academyassetmanagement.com</a>.


Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (866) 631-0504 or visit our website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.academyassetmanagement.com&amp;esheet=54519916&amp;newsitemid=20260421465919&amp;lan=en-US&amp;anchor=www.academyassetmanagement.com&amp;index=4&amp;md5=925b1fdd45012f56d4c52db00c275853" shape="rect">www.academyassetmanagement.com</a>. Read the prospectus or summary prospectus carefully before investing.


Investing involves risk. Principal loss is possible.


Agency Small Business Loan &amp; MBS Risk. There is uncertainty as to the current status of many obligations of Fannie Mae or Freddie Mac and other agencies that are placed under conservatorship of the U.S. Government.


Fixed income Securities Risk. Typically, the value of fixed income securities changes inversely with prevailing interest rates.


Non-Agency MBS Risk. Non-agency MBS are subject to heightened risks as compared to agency MBS, including that non-agency MBS are not subject to the same underwriting requirements for the underlying mortgages that are applicable to those MBS that have a government or government-sponsored entity guarantee.


Non-Agency MBS Risk. Non-agency MBS are subject to heightened risks as compared to agency MBS, including that non-agency MBS are not subject to the same underwriting requirements for the underlying mortgages that are applicable to those MBS that have a government or government-sponsored entity guarantee.


Prepayment Risk and Extension Risk. Many issuers have a right to prepay their fixed income securities.


Repurchase Agreement Risk. Repurchase agreements may be viewed as loans made by the Fund that are collateralized by the securities subject to repurchase.


TBA Transactions Risk. The Fund may enter into TBA transactions for MBS.


New Fund Risk. As a new fund, there can be no assurance that the Fund will grow or maintain an economically viable size.


Investment grade is a rating of fixed-income bonds, bills, and notes by credit rating agencies like Standard and Poor's (S&amp;P), Fitch, and Moody's, which signifies a low risk of default. The rating determines the creditworthiness of companies based on their financial strengths and structure, past data, and growth potential. Companies with good levels of debt, debt repayment, good earning potential, and growth will have good credit ratings.


Mortgage-backed securities (MBS) are investment products similar to bonds. Each MBS consists of a bundle of home loans and other real estate debt bought from the banks that issued them. Investors in mortgage-backed securities receive periodic payments similar to bond coupon payments.


Bloomberg US Aggregate Bond Index This index (the "Agg") represents securities that are SEC registered, taxable and U.S. dollar denominated. It covers the U.S. investment grade, fixed-rate bond market, with components for government and corporate securities, mortgage pass-through securities and asset-backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis.


Bloomberg US Mortgage-Backed Securities (MBS) Index: This index measures the performance of investment grade, fixed-rate, mortgage-backed, pass-through securities of the government-sponsored enterprises (GSEs): Federal Home Loan Mortgage Corp. (Freddie Mac), Federal National Mortgage Association (Fannie Mae) and Government National Mortgage Association (Ginnie Mae).


VETZ is distributed by Foreside Fund Services, LLC. Foreside is not related to Academy.

<img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260421465919r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260421465919/en/" rel="nofollow">https://www.businesswire.com/news/home/20260421465919/en/</a>
Academy Asset Management
 Michael Boyd, 646-736-3995
 Chief Compliance Officer
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:mboyd@academyalpha.com" shape="rect">mboyd@academyalpha.com</a>

VETZ

Academy Asset Managements' VETZ ETF Surpasses $100 Million in Assets Under Management, Advancing Investment Opportunities Supporting Veterans

VETZ Surpasses $100 Million AUM Amid Growing Investor Confidence

<section class="insight" data-version="1">
 <section data-block="information">
 <h3>Information</h3>
 Academy Asset Management, a veteran-owned institutional asset manager, is pleased to celebrate surpassing $100 Million in AUM for the Academy Veteran Bond ETF (NYSE:VETZ).

This press release features multimedia. View
 </section>

 <section data-block="ai-summary-paragraph">
 <h3>AI Summary</h3>
 VETZ recently surpassed $100 million in assets under management, reflecting strong investor confidence. This milestone is significant as it indicates VETZ&#039;s effectiveness in addressing veteran housing affordability challenges while delivering competitive investment returns. The fund&#039;s focus on social impact is attracting investors looking for meaningful opportunities.
 </section>

 <section data-block="ai-summary-bullets">
 <h3>Key Points</h3>
 <ul><li>VETZ surpassed $100 million in assets under management (AUM).</li><li>The ETF invests in loans for veterans, enhancing homeownership affordability.</li><li>Performance exceeds major mortgage indices, showcasing consistent returns.</li><li>VETZ supports veterans during housing affordability challenges in the U.S.</li><li>Investor confidence is growing due to the fund&#039;s social impact strategy.</li></ul>
 </section>

 <section data-block="companies-mentioned">
 <h3>Companies Mentioned</h3>
 <ul><li>Academy Asset Management (N/A): The firm manages VETZ and focuses on veteran-related investments.</li></ul>
 </section>

 <section data-block="category">
 <h3>Corporate Developments</h3>
 This news fits within &#039;Corporate Developments&#039; as it highlights a significant milestone for VETZ, emphasizing its growth and social impact appeal. This is vital for attracting further investment and enhancing its market position.
 </section>

 <section data-block="market-moving">
 <h3>Market-Moving</h3>
 <ul><li>VETZ&#039;s AUM milestone could boost investor interest and trading volumes.</li><li>Consistent performance relative to mortgage indices suggests potential for further appreciation.</li><li>Increased focus on social impact investing may draw additional capital.</li><li>Rising mortgage rates may heighten demand for veteran-supported financial solutions.</li></ul>
 </section>

 <section data-block="key-facts">
 <h3>Key Facts</h3>
 <ul><li>VETZ launched in 2023 as the first ETF focusing on veteran loans.</li><li>The fund has surpassed $100 million in AUM as of October 2023.</li><li>It primarily invests in loans to U.S. service members and veteran-owned businesses.</li><li>VETZ outperformed indices related to mortgage investments.</li><li>Academy Asset Management serves as the fund&#039;s manager.</li></ul>
 </section>

 <section data-block="trading-thesis">
 <h3>Trading Thesis</h3>
 VETZ is positioned for growth, likely to appreciate in value in the near term.
 </section>
</section>



Academy Asset Management, a veteran-owned institutional asset manager, is pleased to celebrate surpassing $100 Million in AUM for the Academy Veteran Bond ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/VETZ">VETZ</a>).

This press release features multimedia. View the full release here: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260421465919/en/" rel="nofollow">https://www.businesswire.com/news/home/20260421465919/en/</a><div xmlns="http://www.w3.org/1999/xhtml" id="bwbodyimg" style="width: 480px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;"><img xmlns="http://www.w3.org/1999/xhtml" src="https://mms.businesswire.com/media/20260421465919/en/2780878/4/AAM-CB-Photo-20251111-KK-PRESS-013.jpg" alt="Academy Asset Management: (From L to R: Phil McConkey, Anthony Graham, Randy Lauer, Seth Rosenthal, Spencer Wilcox, Chance Mims)"></img>Academy Asset Management: (From L to R: Phil McConkey, Anthony Graham, Randy Lauer, Seth Rosenthal, Spencer Wilcox, Chance Mims)</div>
The AUM milestone comes at a critical time, as housing affordability has remained one of the most pressing financial challenges facing U.S. veterans. Rising home prices, elevated mortgage rates, and frequent relocations create structural barriers to long-term wealth building for service members and their families. Academy Asset Management launched the Academy Veteran Bond ETF in 2023 as the first publicly traded ETF to primarily invest in loans to U.S. service members, military veterans, their survivors, and veteran-owned businesses. Investing in these loans helps facilitate the flow of capital to veterans, resulting in lower borrowing costs for them and their families. By providing a dedicated investor base for these securities, VETZ supports continued liquidity in markets that finance veteran homeownership and small business activity, while seeking to deliver current income to investors. It expands access to homeownership and business opportunities for those who served, while strengthening the reach of federal programs during a time of limited resources.


Leading with performance, VETZ continues to beat the mortgage index and products with similar investment objectives in the mortgage space, while also delivering tangible, reportable, and observable impact to the active duty servicemember and veteran community.


The 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 sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling (866) 631-0504.


View standardized performance at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.academyetfs.com&amp;esheet=54519916&amp;newsitemid=20260421465919&amp;lan=en-US&amp;anchor=www.academyetfs.com&amp;index=1&amp;md5=917596f7c88c3b432bbd1c5d359f9739" shape="rect">www.academyetfs.com</a>.


"Reaching $100 million in AUM is an important validation of VETZ's strategy and purpose," stated Academy's Chairman and CEO Chance Mims. "Investors are increasingly seeking opportunities that not only deliver returns but also create measurable social impact. VETZ provides a vehicle to do both."


"Crossing this key threshold reflects the consistency of the strategy and investor confidence in our approach. We're grateful to our investors for the opportunity to deliver competitive performance while supporting the veteran community in a measurable way," stated Academy Asset Management's CIO Seth Rosenthal.


"This milestone reinforces that investors are looking beyond traditional benchmarks. They want exposure to strategies that are grounded in real economic needs, like housing, while also supporting communities such as veterans who have served our country," stated Phil McConkey, Vice Chairman of Academy Securities.


<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D1YPD_aAV0UQ&amp;esheet=54519916&amp;newsitemid=20260421465919&amp;lan=en-US&amp;anchor=VETZ+%24100+Million+Milestone+Video&amp;index=2&amp;md5=fa55131587121c9ba47226834aedf50e" shape="rect">VETZ $100 Million Milestone Video</a>


About Academy Asset Management (AAM):


Academy Asset Management is the nation's first post-9/11 veteran-owned and operated institutional asset manager, specializing in fixed-income funds and separately managed accounts. Our leadership and team members bring rigorous military training combined with deep expertise in global capital markets. Mission-driven and guided by a strong ethical foundation, we operate with a high degree of accountability and a relentless focus on our clients' success. Academy Asset Management is an SEC registered investment adviser, certified Disabled Veteran Business Enterprise (DVBE), and Service-Disabled Veteran Owned Business (SDVOB) and has offices in New York, Chicago, and San Diego. To learn more, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.academyassetmanagement.com&amp;esheet=54519916&amp;newsitemid=20260421465919&amp;lan=en-US&amp;anchor=www.academyassetmanagement.com&amp;index=3&amp;md5=c60e1d16a17406b97ea53b9be8f00666" shape="rect">www.academyassetmanagement.com</a>.


Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (866) 631-0504 or visit our website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.academyassetmanagement.com&amp;esheet=54519916&amp;newsitemid=20260421465919&amp;lan=en-US&amp;anchor=www.academyassetmanagement.com&amp;index=4&amp;md5=925b1fdd45012f56d4c52db00c275853" shape="rect">www.academyassetmanagement.com</a>. Read the prospectus or summary prospectus carefully before investing.


Investing involves risk. Principal loss is possible.


Agency Small Business Loan &amp; MBS Risk. There is uncertainty as to the current status of many obligations of Fannie Mae or Freddie Mac and other agencies that are placed under conservatorship of the U.S. Government.


Fixed income Securities Risk. Typically, the value of fixed income securities changes inversely with prevailing interest rates.


Non-Agency MBS Risk. Non-agency MBS are subject to heightened risks as compared to agency MBS, including that non-agency MBS are not subject to the same underwriting requirements for the underlying mortgages that are applicable to those MBS that have a government or government-sponsored entity guarantee.


Non-Agency MBS Risk. Non-agency MBS are subject to heightened risks as compared to agency MBS, including that non-agency MBS are not subject to the same underwriting requirements for the underlying mortgages that are applicable to those MBS that have a government or government-sponsored entity guarantee.


Prepayment Risk and Extension Risk. Many issuers have a right to prepay their fixed income securities.


Repurchase Agreement Risk. Repurchase agreements may be viewed as loans made by the Fund that are collateralized by the securities subject to repurchase.


TBA Transactions Risk. The Fund may enter into TBA transactions for MBS.


New Fund Risk. As a new fund, there can be no assurance that the Fund will grow or maintain an economically viable size.


Investment grade is a rating of fixed-income bonds, bills, and notes by credit rating agencies like Standard and Poor's (S&amp;P), Fitch, and Moody's, which signifies a low risk of default. The rating determines the creditworthiness of companies based on their financial strengths and structure, past data, and growth potential. Companies with good levels of debt, debt repayment, good earning potential, and growth will have good credit ratings.


Mortgage-backed securities (MBS) are investment products similar to bonds. Each MBS consists of a bundle of home loans and other real estate debt bought from the banks that issued them. Investors in mortgage-backed securities receive periodic payments similar to bond coupon payments.


Bloomberg US Aggregate Bond Index This index (the "Agg") represents securities that are SEC registered, taxable and U.S. dollar denominated. It covers the U.S. investment grade, fixed-rate bond market, with components for government and corporate securities, mortgage pass-through securities and asset-backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis.


Bloomberg US Mortgage-Backed Securities (MBS) Index: This index measures the performance of investment grade, fixed-rate, mortgage-backed, pass-through securities of the government-sponsored enterprises (GSEs): Federal Home Loan Mortgage Corp. (Freddie Mac), Federal National Mortgage Association (Fannie Mae) and Government National Mortgage Association (Ginnie Mae).


VETZ is distributed by Foreside Fund Services, LLC. Foreside is not related to Academy.

<img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260421465919r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260421465919/en/" rel="nofollow">https://www.businesswire.com/news/home/20260421465919/en/</a>
Academy Asset Management
 Michael Boyd, 646-736-3995
 Chief Compliance Officer
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:mboyd@academyalpha.com" shape="rect">mboyd@academyalpha.com</a>

VETZ recently surpassed $100 million in assets under management, reflecting strong investor confidence. This milestone is significant as it indicates VETZ's effectiveness in addressing veteran housing affordability challenges while delivering competitive investment returns. The fund's focus on social impact is attracting investors looking for meaningful opportunities.

Academy Asset Managements' VETZ ETF Surpasses $100 Million in Assets Under Management, Advancing Investment Opportunities Supporting Veterans

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News