HYTI

FT Vest High Yield & Target Income ETF

$19.66
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The FT Vest High Yield & Target Income ETF (HYTI) seeks to provide high current income and total return.

Overview

ETF tracking FT Vest High Yield & Target Income ETF

Category Value
Issuer Other
Inception Date 2025-02-13
Market Cap $30.5M
Average Volume N/A
Dividend Yield 7.31%
52-Week Range $19.04 - $20.20
VWAP $19.66

Performance

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Investment Summary

📎 Investment Objective

The FT Vest High Yield & Target Income ETF (HYTI) seeks to provide high current income and total return.

🎯 Investment Strategy

The ETF invests primarily in a diversified portfolio of high-yield fixed income securities, including corporate bonds, bank loans, and other debt instruments. The fund aims to generate a high level of current income while also pursuing capital appreciation potential.

✨ Key Features

  • Focuses on high-yield, below-investment-grade fixed income securities
  • Seeks to provide a consistent level of monthly income distributions
  • Employs active management to identify attractive opportunities in the high-yield bond market
  • Diversified portfolio to manage risk

⚠️ Primary Risks

  • High-yield bond risk: Increased risk of default and price volatility compared to investment-grade bonds
  • Interest rate risk: Bond prices may decline as interest rates rise
  • Credit risk: The risk that the issuer will default on interest or principal payments
  • Liquidity risk: Difficulty buying or selling positions, especially in volatile or uncertain market conditions

👤 Best For

This ETF may be suitable for investors seeking high current income and total return potential, who have a higher risk tolerance and a longer-term investment horizon. It is generally not recommended for investors with a low-risk appetite or a short-term investment time frame.