- What does HYSD invest in?
- "The HYSD fund employs an active management strategy designed to deliver a high level of current income by investing in high-yield debt. Its portfolio management is guided by proprietary in-house credit research and a distinctive rating system, coupled with a tactical approach. A primary focus of the investment process is managing downside risk. The fund principally invests in corporate debt securities and floating-rate loans rated below investment grade. It may also include investment-grade debt instruments and those from foreign issuers. The fund's corporate debt securities are generally unsecured and carry a fixed interest rate. HYSD aims for a dollar-weighted average effective maturity not exceeding five years, and a duration of three years or less."
- What is the expense ratio of HYSD?
- Columbia Short Duration High Yield ETF (HYSD) charges an expense ratio of 0.44%. This is the annual fee deducted from fund assets to cover management and operations.
- What is HYSD's dividend yield?
- HYSD's trailing-twelve-month yield is 6.29%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of HYSD?
- Effective duration measures HYSD's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. HYSD's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of HYSD?
- HYSD'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 HYSD?
- Yield to maturity (YTM) is the total return you'd earn from HYSD if every bond in the portfolio is held to maturity at the current price. HYSD'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.
