CDX

Simplify High Yield ETF

$22.66

+0.00%

Market closed. Last update: 12:29 PM ET

📎 Investment Objective

The Simplify High Yield ETF seeks to provide high current income by investing primarily in high-yield fixed income securities.

Overview

ETF tracking Simplify High Yield ETF

Category High Yield

Issuer Other

Inception Date 2022-02-15

Market Cap $376.7M

Average Volume N/A

Dividend Yield 5.74%

52-Week Range $21.77 - $24.89

VWAP $22.68

Performance

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Investment Summary

📎 Investment Objective

The Simplify High Yield ETF seeks to provide high current income by investing primarily in high-yield fixed income securities.

🎯 Investment Strategy

The fund invests in a diversified portfolio of high-yield corporate bonds and other debt instruments. The portfolio is actively managed to maintain exposure to sectors and issuers that the fund's advisor believes offer the best risk-adjusted return potential.

✨ Key Features

Focuses on high-yield, below-investment grade fixed income securities
Actively managed portfolio to capitalize on opportunities in the high-yield market
Aims to provide high current income as the primary investment objective
Low expense ratio of 0.00%

⚠️ Primary Risks

High-yield bonds are subject to greater credit and default risk than investment-grade securities
Actively managed strategy may not always outperform the broader high-yield market
Interest rate risk as bond prices decline when rates rise
Liquidity risk for less actively traded high-yield bonds

👤 Best For

The Simplify High Yield ETF may be suitable for investors seeking high 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 fixed income securities.