NYSE ARCA | ETF
The fund invests primarily in a diversified portfolio ofU. S. dollar-denominated high-yield fixed income instruments.
The adviser selects instruments, including securities, that the adviser believes have attractive risk-return characteristics.
The fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in investments rated below investment-grade.
Top 2 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| GOFXX | Money Market Obligations Trust - Federated Government Obligations Fund | 3.88% | ||
| PVOXX | Money Market Obligations Trust - Federated Institutional Prime Value Obligations Fund | 3.09% |