HYZD

WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund

$22.44
+0.00%
Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) seeks to provide exposure to high-yield corporate bonds while mitigating the impact of rising interest rates.

Overview

ETF tracking WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund

Issuer WisdomTree
Inception Date 2013-12-18
Market Cap $186.3M
Average Volume N/A
Dividend Yield 5.08%
52-Week Range $21.04 - $22.65
VWAP $22.46

Performance

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Investment Summary

📎 Investment Objective

The WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) seeks to provide exposure to high-yield corporate bonds while mitigating the impact of rising interest rates.

🎯 Investment Strategy

HYZD invests in a portfolio of high-yield corporate bonds and uses interest rate swaps to hedge against the negative effects of rising interest rates. The fund aims to provide high-yield bond exposure with reduced interest rate risk.

✨ Key Features

  • Exposure to high-yield corporate bonds
  • Interest rate hedging strategy to mitigate the impact of rising rates
  • Seeks to provide income and total return potential
  • Actively managed portfolio of high-yield bonds

⚠️ Primary Risks

  • High-yield bond risk: Investments in lower-rated or unrated debt securities carry higher credit risk
  • Interest rate risk: The fund's interest rate hedging strategy may not fully protect against rising rates
  • Liquidity risk: High-yield bonds may have lower liquidity compared to investment-grade bonds
  • Counterparty risk: The fund is exposed to the creditworthiness of swap counterparties

👤 Best For

HYZD may be suitable for investors seeking high-yield bond exposure with reduced interest rate sensitivity. It could be a component of a diversified fixed-income portfolio, particularly for investors with a higher risk tolerance and a medium-term investment horizon.