# Congress Intermediate Bond ETF (CAFX) — Overview

CAFX · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/cafx

## Price

Last close $24.08 on Oct 15, 2026. 52-week range $23.90 – $25.24.

## Fund profile

CAFX is an actively managed fund of primarily USD-denominated, investment grade securities. This fund aims to maintain a dollar-weighted average portfolio maturity of zero to ten years.

| Metric | Value |
| --- | --- |
| Issuer | Congress Asset Management Company, LLP |
| Industry | — |
| Inception | Sep 9, 2024 |
| Assets under management | $311.8M |
| Expense ratio | 0.35% |
| Net asset value | $24.10 (as of Oct 15, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Congress Intermediate Bond ETF (CAFX)?

CAFX is an actively managed fund of primarily USD-denominated, investment grade securities. This fund aims to maintain a dollar-weighted average portfolio maturity of zero to ten years.

### What is CAFX's expense ratio?

Congress Intermediate Bond ETF charges an annual expense ratio of 0.35%. The fund is issued by Congress Asset Management Company, LLP.

### How large is CAFX?

Congress Intermediate Bond ETF manages $311.8M in assets and has traded since Sep 9, 2024.

### How do I buy shares of Congress Intermediate Bond ETF (CAFX)?

CAFX trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).