NASDAQ | ETF
Top 5 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| ANGL | VanEck Fallen Angel High Yield Bond ETF | 25.06% | ||
| SJNK | SPDR® Bloomberg Short Term High Yield Bond ETF | 25.04% | ||
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 25.03% | ||
| HYS | PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 25.02% | ||
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 24.89% |
The fund is an actively managed exchange traded fund ("ETF") that is a "fund of funds," meaning that it normally invests at least 80% of its net assets, including any borrowings for investment purposes, in other ETFs that invest in various sectors of the debt markets, including corporate bonds, U.S. government and agency securities, private debt, foreign bonds (including emerging markets), foreign sovereign bonds, convertible securities, Treasury Inflation Protected Securities (TIPS), bank loans, asset-backed securities, mortgage-backed securities, and cash equivalent instruments. The fund is non-diversified.