Brookmont Cat Bond ETF Assets Top $150 Million

The catastrophe bond fund reaches a new milestone following its recent move to the Texas Stock Exchange.

Updated on Oct. 30, 2026 in Stock Markets

Isometric editorial illustration of a clean, geometric architectural structure in a landscape, representing financial institutional growth. — The Brookmont Catastrophic Bond ETF has reached $150 million in assets, driven by its recent transition to the Texas Stock Exchange. AI Illustration. Upload story photo >

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The Brookmont Catastrophic Bond ETF, which trades under the ticker ILS, has surpassed $150 million in assets under management. This growth follows the fund's relocation to the Texas Stock Exchange in September.

Why it matters

The transition to the Texas Stock Exchange was aimed at expanding market maker participation within the fund. The fund recently secured GTS to serve as its lead market maker to help facilitate this growth.

The fund reached over $150 million in total assets as of October 28, 2026, marking significant growth from the $95.6 million recorded in August. GTS now serves as the lead market maker for the fund, which trades under the symbol ILS.

The players

Brookmont Catastrophic Bond ETF

This investment fund specializes in catastrophe bonds that provide insurance coverage for major natural disasters.

Texas Stock Exchange

Based in Texas, this financial exchange operates as an alternative venue for companies and funds seeking to list their securities.

GTS

GTS is a global electronic market maker that provides liquidity across various asset classes in the financial markets.

The details

After launching on the New York Stock Exchange in early April 2026, the fund shifted its primary listing to the Texas Stock Exchange on September 18, 2026. This move was designed to broaden the scope of financial institutions involved in the catastrophe bond fund.

The fund launched on the New York Stock Exchange in April 2026.
Assets under management reached $95.6 million in August 2026.
The fund moved its primary listing to the Texas Stock Exchange on September 18, 2026.
Total assets under management surpassed $150 million on October 28, 2026.

Market Dynamics

The fund's migration to the Texas Stock Exchange follows a trend of financial entities seeking alternative liquidity venues outside of traditional coastal hubs. This shift reflects a broader effort to diversify market participation and optimize trade execution for specialized investment vehicles.

Retail investors tracking the fund should monitor how the new lead market maker influences trade execution and bid-ask spreads for the ILS ticker. This transition to a new exchange may change the daily liquidity profile available to individual shareholders.

The takeaway

The move to the Texas Stock Exchange highlights a strategic push to attract diverse market makers for niche financial products. Investors should pay attention to how such listing changes impact the operational efficiency and long-term asset growth of specialized bond ETFs.