Deutsche X-trackers USD High Yield Corporate Bond ETF (HYLB)
| Assets | $4.09B |
| NAV | $35.67 |
| Expense Ratio | 0.15% |
| PE Ratio | n/a |
| Shares Out | 114.79M |
| Dividend (ttm) | $1.75 |
| Dividend Yield | 4.97% |
| Ex-Dividend Date | Aug 1, 2022 |
| 1-Year Return | -11.58% |
| Volume | 4,003,251 |
| Open | 35.46 |
| Previous Close | 35.62 |
| Day's Range | 35.17 - 35.46 |
| 52-Week Low | 33.21 |
| 52-Week High | 40.36 |
| Beta | 0.38 |
| Holdings | 1177 |
| Inception Date | Dec 7, 2016 |
About HYLB
The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in high yield corporate bonds. The index comprised of U.S. dollar-denominated high yield corporate bonds. It will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to the extent that its underlying index is concentrated. The fund is non-diversified.
Top 10 Holdings
3.88% of assets| Name | Symbol | Weight |
|---|---|---|
| Deutsche Gov Mm Ser Inst 2403 Cdw | n/a | 0.55% |
| TransDigm, Inc. 6.25% | TDG 6.25 03.15.26 144A | 0.46% |
| T-Mobile US Inc 7.875% | S 7.875 09.15.23 | 0.43% |
| Mozart Debt Merger Subordinated Inc. 3.875% | MEDIND 3.875 04.01.29 144A | 0.41% |
| Directv Financing LLC/Directv Financing Co-Obligor Inc. 5.875% | DTV 5.875 08.15.27 144A | 0.37% |
| Caesars Entertainment Inc New 6.25% | CZR 6.25 07.01.25 144A | 0.36% |
| Centene Corporation 4.625% | CNC 4.625 12.15.29 | 0.35% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.125% | CHTR 5.125 05.01.27 144A | 0.33% |
| Teva Pharmaceutical Finance Netherlands III B.V. 3.15% | TEVA 3.15 10.01.26 | 0.32% |
| Carnival Corporation 5.75% | CCL 5.75 03.01.27 144A | 0.31% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 1, 2022 | $0.143 | Aug 8, 2022 |
| Jul 1, 2022 | $0.175 | Jul 11, 2022 |
| Jun 1, 2022 | $0.14425 | Jun 8, 2022 |
| May 2, 2022 | $0.15506 | May 9, 2022 |
| Apr 1, 2022 | $0.15057 | Apr 8, 2022 |
| Mar 1, 2022 | $0.14333 | Mar 8, 2022 |
News
High Yield Bond ETFs Return to Favor as Expected
To celebrate the 20th anniversary of the first bond ETFs, investors flocked to the asset class, pouring in $28 billion in July, double the amount that flowed into equity ETFs during a strong month for t...
Fixed-Income Investors Should Take Another Look at High-Yield Bond ETFs
As big money managers quietly step back into the high-yield debt market following a steep sell-off this year, investors can also begin to take a second look at attractively priced speculative-grade bond...
Rates Rising? Time To Go Global With Your High Dividend Strategy
As headwinds at home grow stiffer, investors are starting to turn to overseas markets to source income. On average, international high-dividend stocks have posted higher yields than U.S.-based ones ever...
Record Money Traded in Bond ETFs as Fed Sought Rate Hike
Investors flocked to fixed income ETFs on June 13 even as the yield on the 10-year Treasury yield spiked above 3.4% on rapid anticipation that the Federal Reserve would more aggressively raise interest ...
Xtrackers by DWS Offers Risk-Controlled Exposure to High-Yield Corporate Bonds With HYRM
Xtrackers by DWS has launched an ETF providing dynamic risk-controlled exposure to U.S. dollar high-yield corporate bonds. The Xtrackers Risk Managed USD High Yield Strategy ETF (NYSE Arca: HYRM) tracks...
ETF of the Week: Xtrackers USD High Yield Corporate Bond ETF (HYLB)
ETF Trends CEO Tom Lydon discussed the Xtrackers USD High Yield Corporate Bond ETF (HYLB) on this week's “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. HYLB offers broad exposure to “...
Low-Rate Mortgages Are Feeding a Demand for Bonds
Last week, the Federal Reserve decided to stand pat on interest rates, which had to give prospective home buyers and current homeowners looking to refinance something to cheer about. Another byproduct o...
Are Bonds Behind the Current Gold Rally?
Demand for bonds and gold was at a fever pitch during the height of the pandemic sell-offs in March, but is one feeding into strength for the other? Rising bond prices mean lower yields and that, in eff...
3 ETFs to Consider as the Fed Looks to Purchase Corporate Bonds
When buying fixed income ETFs wasn’t enough, the Federal Reserve decided to dial up its debt purchases by adding individual corporate bonds. As such, investors may want to mirror the Fed’s actions by ad...
5 High-Yield ETFs to Buy for Long-Term Income
The Federal Reserve recently suggested that the U.S. economy will shrink by 6.5% – its worst annual performance since World War II. The Fed also expects unemployment to finish the year over 9%.
High Yield: Strategies for Volatile Markets
As the Federal Reserve enacts aggressive monetary policies to stabilize the economy, fixed-income investors are faced with a lower-for-longer yield environment. In the upcoming webcast, High Yield: Stra...
High-Yield Bonds Rule Fixed Income Market: 6 ETF Winners of Q1
High-yield bond ETFs prevailed in the fixed-income market in first-quarter 2019.