Frequently Asked Questions About ABHY

What does ABHY invest in?

ABHY tracks an index that invests in US-listed high yield ETFs while applying a downside protection. The risk-managed fund employs a tactical strategy that toggles between high yield and US Treasury ETFs. This tactical switch is determined by a daily buy-sell signal. Full exposure is allocated to high yield ETFs when a buy signal is triggered, while 80% is allocated to US Treasurys when it triggers otherwise. Underlying ETFs must meet certain expense ratio and AUM requirements to be considered. In addition, both must have an investment process that excludes factors, hedges and long/short strategies. The underlying ETFs are weighted based on their respective expenses and AUM, whether its junk bonds or Treasurys. The index is rebalanced quarterly and reconstituted annually. DFHYs investors should anticipate frequent trading. Prior to Nov. 29, 2021, the fund was named TrimTabs Donoghue Forlines Tactical High Yield and tracked the TrimTabs Donoghue Forlines Tactical High Yield Index. Prior to Nov. 13, 2024 the fund name was Donoghue Forlines Tactical High Yield ETF and traded under the ticker DFHY.

What is the expense ratio of ABHY?

TrimTabs ETF Trust - Donoghue Forlines Tactical High Yield ETF (ABHY) charges an expense ratio of 0.63%. This is the annual fee deducted from fund assets to cover management and operations.

What is ABHY's distribution yield?

ABHY's trailing-twelve-month yield is 5.02%, calculated from the sum of distributions over the past year divided by the current price.

How does ABHY's covered-call strategy work?

ABHY sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is ABHY?

TrimTabs ETF Trust - Donoghue Forlines Tactical High Yield ETF (ABHY) manages $2.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ABHY actively managed or an index fund?

ABHY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

ABHY (TrimTabs ETF Trust - Donoghue Forlines Tactical High Yield ETF) is no longer actively trading.

This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.

ABHY

TrimTabs ETF Trust - Donoghue Forlines Tactical High Yield ETF

CBOE·Asset Management · Financial Services

$19.52$0.03−0.13%

Market closed·Jun 12 1:40 PM UTC

Price Chart

$19.52−$0.03 (−0.13%)today

−22.74%CAGR −5.03%

Select date range

FromTo

Dec 8, 2020Jul 23, 2021 → Jul 23, 2026· 5.0 yrsJul 23, 2026

Key Metrics

DistributionDistributions Tab

Annual Distribution (FWD)$1.04

Distribution Yield (FWD)5.33%

Annual Distribution (TTM)$0.98

Distribution Yield (TTM)5.02%

Distribution Growth (5Y)+2.8%

FrequencyQuarterly

Most Recent$0.26

Ex-Dividend DateJun 29

Payment DateJun 30

Cost & RiskExpenses Tab

Expense Ratio0.63%

Cost per 10k Invested$63.00

AUM$2.89M

Avg Daily Volume850.00

Price$19.52

NAV$19.21

Premium / Discount+1.59%

52-Week Range$17.11 – $21.88

Beta0.32

Fund Overview

Cost Verdict

Is ABHY's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: —
Asset Class: Equity
Strategy: Options Income
Inception: December 8, 2020
Fund Type: ETF
Domicile: US
Currency: USD
ISIN: US89628W6093
CUSIP: 89628W609

Latest News

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Frequently Asked Questions About ABHY

What does ABHY invest in?: ABHY tracks an index that invests in US-listed high yield ETFs while applying a downside protection. The risk-managed fund employs a tactical strategy that toggles between high yield and US Treasury ETFs. This tactical switch is determined by a daily buy-sell signal. Full exposure is allocated to high yield ETFs when a buy signal is triggered, while 80% is allocated to US Treasurys when it triggers otherwise. Underlying ETFs must meet certain expense ratio and AUM requirements to be considered. In addition, both must have an investment process that excludes factors, hedges and long/short strategies. The underlying ETFs are weighted based on their respective expenses and AUM, whether its junk bonds or Treasurys. The index is rebalanced quarterly and reconstituted annually. DFHYs investors should anticipate frequent trading. Prior to Nov. 29, 2021, the fund was named TrimTabs Donoghue Forlines Tactical High Yield and tracked the TrimTabs Donoghue Forlines Tactical High Yield Index. Prior to Nov. 13, 2024 the fund name was Donoghue Forlines Tactical High Yield ETF and traded under the ticker DFHY.
What is the expense ratio of ABHY?: TrimTabs ETF Trust - Donoghue Forlines Tactical High Yield ETF (ABHY) charges an expense ratio of 0.63%. This is the annual fee deducted from fund assets to cover management and operations.
What is ABHY's distribution yield?: ABHY's trailing-twelve-month yield is 5.02%, calculated from the sum of distributions over the past year divided by the current price.
How does ABHY's covered-call strategy work?: ABHY sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.
How big is ABHY?: TrimTabs ETF Trust - Donoghue Forlines Tactical High Yield ETF (ABHY) manages $2.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
Is ABHY actively managed or an index fund?: ABHY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.