Understanding the Wayfinder Dynamic U.S. Interest Rate ETF (CMBO)

What this ETF is trying to do

The Wayfinder Dynamic U.S. Interest Rate ETF (ticker: CMBO) is an exchange-traded fund listed on the NASDAQ. Based on its name, it focuses on U.S. interest rate strategies. As of the latest data, the fund holds one primary position: FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX), which makes up 0.58% of the portfolio.

What the numbers show

As of October 5, 2026, the current price of CMBO is $101.84.

When looking at how the fund has performed so far this year (Year-to-Date), it is important to look at two different numbers:

• YTD Price Return: This measures only the change in the share price. The price return is approximately 1.07%.

• YTD Total Return: This measures the overall return, which includes both price changes and distributions. The total return is approximately 3.03%.

Because the total return (3.03%) is higher than the price return (1.07%), it shows that distributions have added to the overall value of the investment this year.

Income and distribution explanation

CMBO provides cash distributions to investors. The trailing distributions are $1.97. This results in a distribution yield of approximately 1.93%.

It is important to note that the distribution frequency for this ETF is described as "Irregular / less frequent." In the last 12 months, there was only one payout recorded. Investors looking for a steady, predictable monthly paycheck should be aware that this fund's payments do not follow a regular schedule.

NAV erosion explanation

NAV erosion refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

Currently, there is no severe erosion-risk flag for this ETF. However, the erosion score is withheld because there is not enough verified price history available in the data to provide a score.

Pros

• Positive Total Return: The year-to-date total return is positive at approximately 3.03%.

• Price Growth: The share price has seen a slight increase of approximately 1.07% year-to-date.

Cons

• Irregular Income: The distributions are not frequent or regular, which may make it difficult to plan for consistent cash flow.

• Limited Data: There is insufficient historical data to provide a long-term view of price or erosion trends.

Beginner takeaway

CMBO is an ETF that has shown a positive total return so far this year. While it pays distributions, they are not paid out on a regular or frequent schedule. When researching ETFs, remember that the "price return" only tells you how the share price moved, while the "total return" gives you a better picture of your actual results by including those cash distributions.