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| CurrencyCode | USD |
|---|---|
| Exchange | NASDAQ |
| Beta | 0.0 |
|---|---|
| Market Cap | None |
| PE Ratio | None |
| Target Price | None |
| Dividend Yield | None |
The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in high-yield, below-investment grade, fixed-income securities, and in derivatives and other instruments that have economic characteristics similar to such securities. It may invest up to 20% of its net assets in U.S. Treasury and agency securities. The fund may also invest up to 10% of its net assets in certain collateralized debt obligations.
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