The FormulaFolios Tactical Income ETF (FFTI) aims to achieve its financial goals by strategically investing in various underlying exchange-traded funds (ETFs). These ETFs, in turn, allocate capital across a broad spectrum of fixed-income instruments, spanning both U.S. and international markets. Specifically, their holdings may include U.S. Treasury securities, investment-grade corporate bonds, higher-yielding U.S. corporate debt, comprehensive U.S. bond market portfolios, municipal debt, and government bonds issued globally, without any restrictions on their maturity or duration. The fund's advisor utilizes a proprietary analytical model to assess and rank five key fixed-income asset categories, prioritizing those that demonstrate the most favorable blend of yield differential and price momentum.