Northern Trust High Yield Value-Scored Bond ETF

Frequently Asked Questions About HYGV

What does HYGV invest in?

This fund is designed for investors looking to broaden their income sources by focusing on high-quality and value-oriented bond issuers. Its main objective is to achieve investment results that closely track the gross price and yield performance of the Northern Trust High Yield Value-Scored US Corporate Bond Index, without considering fees and expenses.

What is the expense ratio of HYGV?

Northern Trust High Yield Value-Scored Bond ETF (HYGV) charges an expense ratio of 0.38%. This is the annual fee deducted from fund assets to cover management and operations.

What is HYGV's dividend yield?

HYGV's trailing-twelve-month yield is 7.66%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of HYGV?

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

What is the credit quality of HYGV?

HYGV'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 HYGV?

Yield to maturity (YTM) is the total return you'd earn from HYGV if every bond in the portfolio is held to maturity at the current price. HYGV'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.