Capital Group High Yield Bond ETF CGHY Strategy
Strategy
The investment seeks to provide a high level of current income; its secondary investment objective is capital appreciation. The fund invests at least 80% of its assets in higher yielding and generally lower quality bonds and other debt securities (rated Ba1 / BB+ or below by Nationally Recognized Statistical Rating Organizations or unrated but determined by the fund’s investment adviser to be of equivalent quality), including corporate loan obligations.
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
CGHY | Capital Group High Yield Bond ETF | ETF | Open | — | $168.30M | 0.390% | — | — | $111.58M |