Company Data
NBI High Yield Bond ETF
Ticker
NHYB:CA
Current Price
$21.97
Market Cap
$1.4B
Price Target
Refer to Report
Volume
2.2K
52wk Range
$20.246985 - $22.33
Overview
The NBI High Yield Bond ETFs investment objective is to provide a high level of long-term income. It invests in a portfolio comprised primarily of high-yield debt securities of developed market issuers. The ETF seeks to achieve its objective by appling a fundamental bottom-up investment process to achieve strong risk-adjusted returns based around a good diversification by sector, in-depth analysis of the companys strength, competitive position in the sector, management team, market trends and the return offered compared to risk and market conditions.