WMSB - Northern Lights Fund Trust II - Weitz Multisector Bond ETF
WMSB allocates across multiple fixed income sectors, including corporate bonds, structured credit, government securities, and loan markets, with the ability to adjust these exposures as market conditions change. The portfolio can hold both investment-grade and below investment-grade debt, and its allocation to high yield may vary meaningfully over time depending on the opportunity set. The fund may also use derivatives such as credit default swaps and interest rate futures to manage credit risk, interest rate sensitivity, or to efficiently establish or reduce exposures.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $26.7M
- Beta
- 0.10
- 52-Week Range
- 24.11-25.52
- Dividend Yield
- $1.01
- IPO Date
- Nov 5, 2025
- Exchange
- AMEX
WMSB Options Snapshot
Options pricing data for WMSB is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The WMSB overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
WMSB fund facts: expense ratio 0.65%, assets under management $26.6M, NAV $24.21 as of the data source's update on Oct 8, 2026, 94 holdings in its latest file, launched Nov 4, 2025, issued by Weitz. See the WMSB holdings.
Frequently asked WMSB overview questions
- What is WMSB?
- WMSB is the ticker symbol for Northern Lights Fund Trust II - Weitz Multisector Bond ETF, an listed exchange-traded fund. WMSB allocates across multiple fixed income sectors, including corporate bonds, structured credit, government securities, and loan markets, with the ability to adjust these exposures as market conditions change. The portfolio can hold both investment-grade and below investment-grade debt, and its allocation to high yield may vary meaningfully over time depending on the opportunity set. Listed on AMEX. WMSB is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are WMSB's key statistics?
- Northern Lights Fund Trust II - Weitz Multisector Bond ETF (WMSB) carries a market capitalization of $26.7M, 52-week range of 24.11-25.52. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does WMSB belong to?
- Northern Lights Fund Trust II - Weitz Multisector Bond ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare WMSB's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the WMSB data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for WMSB, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.