NBI High Yield Bond ETF (TSX: NHYB)
Canada
· Delayed Price · Currency is CAD | Assets | 1.04B |
| Expense Ratio | 0.69% |
| PE Ratio | n/a |
| Dividend (ttm) | 1.32 |
| Dividend Yield | 6.26% |
| Ex-Dividend Date | Jun 21, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| 1-Year Return | +1.45% |
| Volume | 1,801 |
| Open | 21.02 |
| Previous Close | 21.07 |
| Day's Range | n/a |
| 52-Week Low | 20.77 |
| 52-Week High | 21.65 |
| Beta | 0.90 |
| Holdings | 652 |
| Inception Date | Mar 4, 2020 |
About NHYB
The fund aims to achieve high total income return by actively managing a portfolio comprised primarily of high-yield debt securities of developed market issuers. Such issuers can be both companies/corporation or US and Canadian government. Holdings could also include floating-rate notes and loans, preferred shares, ABS and MBS, and convertible bonds. In selecting securities, the fund sub-advisor uses a fundamental, bottom-up investment process to look for issuers believed to have well-defined business vision and competitive advantages. The process is based on sector diversification, companys strength in-depth analysis, competitive position in the sector, management team, market trends and the return offered compared to risk and market conditions. The fund may also invest less than 15% of its assets in other funds, including ETFs, managed by the sub-advisor.
Performance
NHYB had a total return of 1.45% in the past year. Since the fund's inception, the average annual return has been -3.93%, including dividends.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 21, 2024 | 0.105 CAD | Jun 28, 2024 |
| May 23, 2024 | 0.105 CAD | May 31, 2024 |
| Apr 22, 2024 | 0.105 CAD | Apr 30, 2024 |
| Mar 20, 2024 | 0.105 CAD | Mar 28, 2024 |
| Feb 21, 2024 | 0.105 CAD | Feb 29, 2024 |
| Jan 23, 2024 | 0.105 CAD | Jan 31, 2024 |