Profile
Assets class:
EquityAssets under management:
$16 MAverage volume:
$1 KDomicile:
USExpense ratio:
0.30%Inception date:
26 May 2022Website:
-Last dividends:
01 October 2024Next dividends:
N/A
Top countries
Dividend yield TTM
XB Latest News
The outlook for U.S. high yield fixed income may be more constructive than investors realize. High yield is well-known for being riskier than other segments in the fixed income market; however, strong corporate fundamentals have strengthened the integrity of the asset class.
High yield continues to live up to its name. In fact, it was the only major fixed income asset class to generate positive performance in August.
Issuers of high yield bonds remain resilient going into the second half of 2023, with their balance sheets still well-positioned. And according to BondBloxx, the credit quality breakdown within high yield remains better than before previous downcycles.
The prospect for income generation in high yield ETFs has increased significantly with the past year's run-up in yields. But when targeting high yield, investors should be shrewd and selective when picking their entry points.
At a time when equity markets are continuing to wobble, high-yield bonds are currently benefiting from elevated coupon income and are less risky than equities in the current economic environment. The latest rate hike from the Federal Reserve has also contributed to an environment in which high-yield bond funds have become increasingly attractive to investors.
What is XB ETF?
The fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in high-yield, below-investment grade bonds denominated in U.S. dollars of corporate issuers, either directly or indirectly (e.g., through derivatives). It is non-diversified.
What is XB assets class?
Assets class of XB ETF is 'Equity'
What is XB assets under management?
Assets under management of XB ETF is $16 M
What is XB average volume?
Average volume of XB ETF is $1 K
What is XB domicile?
Domicile of XB ETF is US
What is XB expense ratio?
Expense ratio of XB ETF is 0.30%
What is XB inception date?
Inception date of XB ETF is 26 May 2022
What is XB website?
Website of XB ETF is null