CGHY
Capital Group High Yield Bond ETF
📎 Investment Objective
The Capital Group High Yield Bond ETF seeks to provide a high level of current income by investing primarily in a diversified portfolio of high-yield corporate bonds.
Overview
ETF tracking Capital Group High Yield Bond ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Capital Group High Yield Bond ETF 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 in a broad range of high-yield, below-investment-grade corporate bonds across various industries and sectors. The portfolio managers use fundamental credit research to identify bonds they believe offer attractive risk-adjusted return potential.
✨ Key Features
- Exposure to the high-yield corporate bond market
- Actively managed portfolio seeking to generate high current income
- Diversified across industries and issuers to manage risk
- No expense ratio as the fund is currently not available for investment
⚠️ Primary Risks
- Credit risk: The risk that the issuer of a bond will default on interest or principal payments
- Interest rate risk: The risk that bond prices will decline as interest rates rise
- Liquidity risk: The risk that the fund may have difficulty selling certain high-yield bonds
- Sector concentration risk: The fund's performance may be more sensitive to developments in certain industries or sectors
👤 Best For
The Capital Group High Yield Bond ETF may be suitable for investors seeking high current income and who are willing to accept the increased risks associated with high-yield corporate bonds. Investors should have a medium to long-term investment horizon and a moderate to high-risk tolerance.
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