The Bluemonte Diversified Income ETF (BLUI) is an actively managed fund primarily focused on generating income. Typically, at least 80% of its net assets—including any capital borrowed for investment purposes—are allocated to various income-producing securities. This strategy may involve investing in shares of other income-generating exchange-traded funds, referred to as "underlying funds." It is important to note that BLUI operates as a non-diversified fund.