HBDC
Hilton BDC Corporate Bond ETF
📎 Investment Objective
The Hilton BDC Corporate Bond ETF (HBDC) seeks to provide investment exposure to a diversified portfolio of corporate bonds issued by business development companies (BDCs).
Overview
ETF tracking Hilton BDC Corporate Bond ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Hilton BDC Corporate Bond ETF (HBDC) seeks to provide investment exposure to a diversified portfolio of corporate bonds issued by business development companies (BDCs).
🎯 Investment Strategy
The ETF tracks an index that selects and weights BDC corporate bonds based on factors such as credit quality, liquidity, and yield. The fund aims to offer investors access to the BDC corporate bond market as an alternative fixed income asset class.
✨ Key Features
- Provides exposure to the corporate bonds of publicly traded BDCs
- Seeks to offer higher yields compared to traditional investment grade corporate bonds
- Employs an index-based, passive investment approach
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Credit risk as the fund is exposed to the creditworthiness of the underlying BDC issuers
- Interest rate risk as bond prices may decline when interest rates rise
- Liquidity risk as the BDC bond market may have less trading volume compared to other fixed income sectors
- Concentration risk as the fund is focused on a single industry sector (BDCs)
👤 Best For
The Hilton BDC Corporate Bond ETF may be suitable for investors seeking higher-yielding fixed income exposure and who have a higher risk tolerance. It could be used as a complement to a diversified portfolio, but investors should be aware of the unique risks associated with the BDC corporate bond market.
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