AHYB

American Century Select High Yield ETF

$46.45

+0.00%

Market closed. Last update: 12:26 PM ET

📎 Investment Objective

The American Century Select High Yield ETF seeks to provide a high level of current income by investing primarily in a diversified portfolio of high-yield corporate bonds.

Overview

ETF tracking American Century Select High Yield ETF

Category High Yield

Issuer Other

Inception Date 2021-11-18

Market Cap $51.1M

Average Volume N/A

Dividend Yield 4.82%

52-Week Range $44.10 - $46.99

VWAP $46.43

Performance

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Investment Summary

📎 Investment Objective

The American Century Select High Yield ETF seeks to provide a high level of current income by investing primarily in a diversified portfolio of high-yield corporate bonds.

🎯 Investment Strategy

The fund invests in a broad range of high-yield, below-investment-grade corporate bonds across various sectors and industries. The portfolio managers use fundamental credit research to identify bonds they believe offer attractive income potential with an emphasis on capital preservation.

✨ Key Features

Focuses on high-yield corporate bonds to generate current income
Diversified portfolio across sectors and industries
Actively managed approach to bond selection
No expense ratio as the fund is currently not available for investment

⚠️ Primary Risks

High-yield bonds carry a greater risk of default and price volatility than investment-grade bonds
Exposure to interest rate risk as bond prices may decline when rates rise
Potential for lower liquidity in the high-yield bond market
Credit risk if the financial condition of the bond issuers deteriorates

👤 Best For

This ETF may be suitable for investors seeking higher levels of current income and who have a higher risk tolerance. It is best suited for investors with a long-term investment horizon who can withstand the volatility associated with high-yield bonds.