Key stats
About TD ACTIVE US HIGH YIELD BD ETF UNIT
Expense ratio
0.62%
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Inception date
Nov 19, 2019
The fund seeks to earn income by primarily focusing on US corporate bonds that are rated BB+ to B- by nationally rated credit agencies at the time of purchase. The fund may continue to hold bonds that have been downgraded from B- and upgraded from BB+ after purchase if deemed beneficial for the overall portfolio. Securities are selected based on a methodical risk/return analysis that hopes to capture long-term returns from the largest issuers of the US high-yield bond market. The fund adviser believes that emphasizing credit fundamentals of the largest high-yield bond issuers in the context of a global macroeconomic environment will add value to the funds long-term performance. TUHY is generally a buy-and-hold investment, and is rebalanced on a quarterly basis. The fund may also hold other income-generating securities from US issuers.
Classification
What's in the fund
Exposure type
Corporate
Stocks2.09%
Industrial Services2.08%
Bonds, Cash & Other97.91%
Corporate96.64%
Miscellaneous1.82%
Cash−0.54%