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| CurrencyCode | USD |
|---|---|
| Exchange | NYSE ARCA |
| Beta | None |
|---|---|
| Market Cap | None |
| PE Ratio | None |
| Target Price | None |
Under normal market conditions, the portfolio managers will invest at least 80% of the fund"s net assets, plus any borrowings for investment purposes, in high-yield debt securities. High-yield securities are also referred to as junk bonds. The portfolio managers will actively allocate the fund"s assets in a range of high-yield corporate bonds. The fund is an actively managed exchange-traded fund (ETF) that does not seek to replicate the performance of a specified index.
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