NASDAQ | ETF
The investment seeks to track the investment results of the Markit iBoxx® USD Liquid High Yield ex-Oil and Gas Index composed of a broad range ofU. S. dollar-denominated, high yield corporate bonds that excludes those issued by companies in the Oil and Gas sector.
The fund generally will invest at least 90% of its assets in the component securities of the index.
The index is designed to reflect the performance ofU. S. dollar-denominated, high yield corporate bonds, excluding those issued by companies in the Oil and Gas sector, as determined by the index provider.