UNIY
WisdomTree Voya Yield Enhanced USD Universal Bond Fund
📎 Investment Objective
The WisdomTree Voya Yield Enhanced USD Universal Bond Fund (UNIY) seeks to provide a high level of current income consistent with preservation of capital.
Overview
ETF tracking WisdomTree Voya Yield Enhanced USD Universal Bond Fund
Performance
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Investment Summary
📎 Investment Objective
The WisdomTree Voya Yield Enhanced USD Universal Bond Fund (UNIY) seeks to provide a high level of current income consistent with preservation of capital.
🎯 Investment Strategy
The fund invests primarily in a portfolio of investment-grade fixed income securities denominated in U.S. dollars. The portfolio is actively managed to maintain a duration profile similar to the Bloomberg U.S. Universal Bond Index.
✨ Key Features
- Broad exposure to the U.S. investment-grade fixed income market
- Active management approach to optimize yield and manage interest rate risk
- Seeks to provide a high level of current income while preserving capital
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Interest rate risk: The fund's value may decline when interest rates rise
- Credit risk: The fund is exposed to the risk of default by the issuers of the bonds it holds
- Liquidity risk: Less liquid bonds may be difficult to sell at an advantageous time or price
- Reinvestment risk: When interest rates fall, the fund may have to reinvest coupon payments or proceeds from sales of bonds at lower rates
👤 Best For
This ETF may be suitable for investors seeking a diversified, investment-grade fixed income allocation that aims to provide a high level of current income. It may be appropriate as a core bond holding or as a complement to a broader portfolio.
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