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![]() Stock-Encyclopedia.com Canada-Listed ETF ![]() ![]() The ETF: First Trust Short Duration High Yield Bond ETF (Hedged) (FHY)![]() Categories: ![]() All ETFs > Bond ETFs > By Time to Maturity > Short-Term Bonds ![]() All ETFs > Global Stock Exchanges > ETFs Listed in Canada ![]() All ETFs > Bond ETFs > High Yield Bonds Advertisement First Trust Short Duration High Yield Bond ETF (Hedged) The investment strategy of the First Trust Short Duration High Yield Bond ETF is to provide Unitholders with a high level of current income by investing primarily in a diversified portfolio of below investment grade debt securities as rated by Moody's Investor Services, Inc., and Standard & Poors (Ba1/BB+ or below) or a similar rating by an approved credit rating organization. As a secondary objective, the fund will seek capital appreciation.
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