Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.
The fund is an actively managed exchange-traded fund ("ETF") that seeks to pursue its investment objective by investing, under normal circumstances, at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in securitized credit investments. The fund may invest up to 50% of its total assets in securities rated lower than investment grade or unrated securities of comparable quality as determined by the fund"s sub-adviser (securities commonly referred to as "high-yield" securities or "junk" bonds).
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