The Peritus High Yield ETF seeks to generate a high current income with a secondary goal of capital appreciation. Peritus seeks to achieve the Fund's objective by selecting a focused portfolio of high yield debt securities that generate a high current income stream. Peritus takes a value-based, active credit approach to the markets, largely foregoing new issue participation, favoring the secondary market where Peritus believes there is less competition and more opportunities for capital gains. Peritus de-emphasizes relative value in favor of long-term absolute returns.
Investment type: ETF (Exchange-Traded Fund); listed on the U.S. NYSE exchange
Ticker symbol: HYLD
Disclaimers:
Information on this website should not be considered to be investment advice. Any ETF can go DOWN as well as up.
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