BHYB Profile
DBX ETF Trust Xtrackers USD High Yield Corporate Bond ETF is designed to provide investment results that closely match the performance of its benchmark index through a passive or indexing investment approach. The fund aims to replicate the performance of the underlying index, which is a segment of the ICE BofA U.S. High Yield Index. This index tracks U.S. dollar-denominated corporate debt that is rated below investment grade and publicly issued within the U.S. domestic market.
The underlying index includes a diverse array of high-yield corporate bonds, which are often referred to as "junk bonds" due to their lower credit ratings compared to investment-grade debt. These bonds offer higher yields to compensate for their increased risk. The fund's investment strategy involves holding a portfolio that mirrors the composition and characteristics of the index, providing investors with exposure to a broad spectrum of high-yield corporate debt securities.
DBX ETF Trust Xtrackers USD High Yield Corporate Bond ETF focuses on capturing the performance of lower-rated corporate bonds that offer potentially higher returns compared to investment-grade bonds. The fund's approach involves a systematic tracking of the index, aiming to deliver results that are consistent with the performance of the underlying benchmark before accounting for fees and expenses. This passive investment strategy is designed to offer investors an efficient way to gain exposure to high-yield corporate bonds.
As a non-diversified fund, the Xtrackers USD High Yield Corporate Bond ETF is concentrated in high-yield corporate debt, which reflects its commitment to tracking the performance of its benchmark index closely. Investors seeking higher income through exposure to riskier bonds may find this fund attractive. By aligning closely with the ICE BofA U.S. High Yield Index, the fund provides a targeted investment vehicle for those interested in the high-yield corporate bond market while maintaining a focus on tracking the index’s performance.
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