GHYB

Goldman Sachs Access High Yield Corporate Bond ETF

$45.17

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE High Yield Cash-Pay Capped Index.

Overview

ETF tracking Goldman Sachs Access High Yield Corporate Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2017-09-07

Market Cap $99.4M

Average Volume N/A

Dividend Yield 5.95%

52-Week Range $42.62 - $45.88

VWAP $45.19

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests primarily in high-yield, below investment-grade corporate bonds. The fund's portfolio is designed to provide broad exposure to the high-yield corporate bond market, while seeking to manage risk through diversification and security selection.

✨ Key Features

Broad exposure to the high-yield corporate bond market
Seeks to manage risk through diversification and security selection
Low expense ratio of 0.00%
Tracks the FTSE High Yield Cash-Pay Capped Index

⚠️ Primary Risks

Credit risk: The risk that the issuer of a bond will default on its obligations
Interest rate risk: The risk that bond prices will decline as interest rates rise
Liquidity risk: The risk that the fund may have difficulty selling certain securities at an advantageous time or price
Market risk: The risk that the value of the fund's investments may decline due to general market conditions

👤 Best For

This ETF may be suitable for investors seeking exposure to the high-yield corporate bond market as part of a diversified fixed-income portfolio. Investors should have a higher risk tolerance and a longer-term investment horizon to accommodate the potential volatility associated with high-yield bonds.