Key stats
About Goldman Sachs Access High Yield Corporate Bond ETF
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Inception date
Sep 5, 2017
Structure
Open-Ended Fund
Replication method
Physical
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
GHYBs portfolio selection starts from the most liquid corporate high yields from the FTSE US High-Yield Market Index (the Reference Index), this index may include US and Canada-domiciled bonds denominated in USD. A maturity-bucketing process is applied to approximate the average effective duration of the Reference Index. After that, fundamental screens are employed, starting with grouping bonds based on three broad industries: financials, industrials, and utilities. Within each group, issuers are ranked and weighted equally by debt service and leverage. The underlying index chooses the highest-ranking eligible securities in each industry group, screening out the lowest ranking.
Classification
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate98.59%
Mutual fund0.86%
Miscellaneous0.31%
Loans0.14%
Cash0.11%
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