TCW High Yield Bond ETF

Frequently Asked Questions About HYBX

What does HYBX invest in?

The TCW High Yield Bond ETF is engineered to deliver substantial income alongside robust total returns. A key focus is to concurrently minimize credit defaults and market volatility, aiming for levels significantly below those typically observed across the wider high-yield fixed income sector.

What is the expense ratio of HYBX?

TCW High Yield Bond ETF (HYBX) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

What is HYBX's dividend yield?

HYBX's trailing-twelve-month yield is 8.20%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of HYBX?

Effective duration measures HYBX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. HYBX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of HYBX?

HYBX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of HYBX?

Yield to maturity (YTM) is the total return you'd earn from HYBX if every bond in the portfolio is held to maturity at the current price. HYBX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.