Northern Lights Fund Trust II - Weitz Multisector Bond ETF
Northern Lights Fund Trust II - Weitz Multisector Bond ETF (AMEX: WMSB) is an exchange-traded fund listed on NYSE Arca, trading at $24.43 (about ₹2,343 a unit) as of 25 Sep 2026, 3:59 PM ET. It has an expense ratio of 0.65% and holds 96 securities. Indian residents can buy WMSB through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.37
Today's high
$24.43
52 week low
$24.37
52 week high
$25.52
WMSB opened at $24.39, closed previously at $24.39, and has traded between $24.37 and $25.52 over the past 52 weeks.
About
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. Maturity is not constrained, giving the managers the flexibility to lengthen or shorten the portfolios interest rate profile. In periods of limited opportunity or heightened uncertainty, the fund may temporarily allocate more to cash or higher-quality debt. WMSB is non-diversified, which allows concentration in select issuers when the managers have higher conviction in their credit or relative value assessment.
Key statistics
Expense ratio
0.65%
Assets (AUM)
$26.8M
Holdings
96
NAV
$24.38
Avg. volume
—
1-year price change
—
5-year price change
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Price change excludes dividends.
Top 10 holdings
WMSB holds 96 securities in total. These 10 are 47.8% of the fund.
Where the money is invested
Sectors
Countries
How to buy WMSB from India
Indian residents can buy WMSB units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search WMSB and buy
Find the fund by its ticker, WMSB, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in WMSB from India
Trading and taxes when buying WMSB from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the WMSB price today?
Northern Lights Fund Trust II - Weitz Multisector Bond ETF (WMSB) last traded at $24.43 on NYSE Arca, as of 25 Sep 2026, 3:59 PM ET. That is ₹2,343 a unit at the 25 Sep 2026 USD/INR rate.
When does WMSB trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is WMSB, and what does it cost to hold?
Northern Lights Fund Trust II - Weitz Multisector Bond ETF manages about $26.8M. Its expense ratio is 0.65% a year, deducted inside the fund. It launched in 2025.
What are WMSB's largest holdings?
The top three are FN MA5734 (8.5%), FN FA5775 (8.2%) and FR RQ0118 (8.1%). WMSB's 10 largest positions make up 47.8% of the fund.
Does WMSB pay dividends?
Yes. WMSB is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on WMSB taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of WMSB?
Yes. You can buy WMSB by amount rather than by whole unit, and there is no minimum trade size.