NHYB
Nuveen High Yield Corporate Bond ETF
📎 Investment Objective
The Nuveen High Yield Corporate Bond ETF (NHYB) seeks to provide a high level of current income by investing primarily in a diversified portfolio of high-yield corporate bonds.
Overview
ETF tracking Nuveen High Yield Corporate Bond ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Nuveen High Yield Corporate Bond ETF (NHYB) seeks to provide a high level of current income by investing primarily in a diversified portfolio of high-yield corporate bonds.
🎯 Investment Strategy
The fund invests at least 80% of its net assets in high-yield, below investment-grade corporate bonds. The portfolio is actively managed, with the goal of identifying bonds that offer attractive yields while managing risk through credit research and portfolio diversification.
✨ Key Features
- Focuses on high-yield corporate bonds to generate income
- Actively managed approach to bond selection and risk management
- Diversified portfolio to help mitigate individual issuer risk
- Potential for higher yields compared to investment-grade corporate bonds
⚠️ Primary Risks
- High-yield bonds are subject to greater credit and default risk than investment-grade bonds
- Active management style may not always outperform the broader high-yield bond market
- Interest rate risk as bond prices may decline when interest rates rise
- Liquidity risk as high-yield bonds may be less liquid than investment-grade bonds
👤 Best For
The Nuveen High Yield Corporate Bond ETF may be suitable for investors seeking higher levels of current income and who are willing to accept the increased credit risk and volatility associated with high-yield bonds. It is generally recommended as a component of a diversified fixed-income portfolio, rather than as a standalone investment.
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