HYLS
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
📎 Investment Objective
The First Trust Tactical High Yield ETF seeks to provide current income by investing primarily in high-yield corporate bonds.
Overview
ETF tracking First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Tactical High Yield ETF seeks to provide current income by investing primarily in high-yield corporate bonds.
🎯 Investment Strategy
The fund uses a tactical, rules-based approach to invest in a portfolio of high-yield corporate bonds. It aims to adjust its exposure based on market conditions to manage risk and generate income.
✨ Key Features
- Focuses on high-yield corporate bonds to generate income
- Employs a tactical, rules-based investment strategy to manage risk
- Diversified portfolio of high-yield fixed income securities
- Actively managed to adapt to changing market conditions
⚠️ Primary Risks
- High-yield bonds carry a greater risk of default and price volatility than investment-grade bonds
- Tactical investment strategy may not always be successful in managing risk
- Interest rate risk as bond prices decline when rates rise
- Credit risk if the financial condition of bond issuers deteriorates
👤 Best For
This ETF may be suitable for investors seeking current income and willing to accept the higher risk and volatility associated with high-yield corporate bonds. It may be most appropriate as a component of a diversified fixed income allocation.
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