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Columbia U.S. High Yield ETF
📎 Investment Objective
The Columbia U.S. High Yield ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Beta-Weighted U.S. High Yield Corporate Bond Index.
Overview
ETF tracking Columbia U.S. High Yield ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Columbia U.S. High Yield ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Beta-Weighted U.S. High Yield Corporate Bond Index.
🎯 Investment Strategy
The ETF invests primarily in a portfolio of high-yield, below investment-grade U.S. corporate bonds to track the performance of the underlying index. The fund uses a sampling approach, investing in a subset of the index's constituents that collectively have an investment profile similar to the index.
✨ Key Features
- Provides exposure to the high-yield corporate bond market in the U.S.
- Seeks to track the performance of the Beta-Weighted U.S. High Yield Corporate Bond Index
- Utilizes a sampling approach to replicate the index's performance
- Relatively low expense ratio compared to actively managed high-yield bond funds
⚠️ Primary Risks
- Credit risk: The fund is exposed to the risk of default or downgrade of the underlying high-yield corporate bonds
- Interest rate risk: The value of high-yield bonds may decline as interest rates rise
- Liquidity risk: The high-yield bond market can be less liquid than the investment-grade bond market, which may impact the fund's ability to sell positions
- Concentration risk: The fund's performance is closely tied to the high-yield corporate bond market and may be more volatile than a more diversified fixed-income fund
👤 Best For
The Columbia U.S. High Yield ETF may be suitable for investors seeking exposure to the high-yield corporate bond market as part of a diversified fixed-income allocation. Investors should have a higher risk tolerance and a longer-term investment horizon to withstand the potential volatility associated with high-yield bonds.
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