The Nuveen High Yield Corporate Bond ETF (Ticker: NHYB) is designed for investors seeking exposure to high-yield corporate bonds with a focus on broad maturities. This ETF aims to replicate the performance, before fees and expenses, of the ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index. Positioned in the corporate bond category, NHYB targets the high-yield sector, which encompasses bonds rated below investment grade but above the lowest ratings. These bonds offer higher yields compared to traditional investment-grade bonds, reflecting the increased risk associated with their lower credit ratings. The fund provides an opportunity for investors to diversify their fixed income portfolios by accessing a broad-based selection of high-yield bonds. NHYB is particularly suitable for those looking to balance risk and return potential within their bond investments, offering a compelling choice for income-focused investors in search of higher yield opportunities.
Nuveen High Yield Corporate Bond ETF (NHYB) Fund Flow Chart
Nuveen High Yield Corporate Bond ETF (NHYB) 1 year Net Flows: $0
NHYB ETF FAQ
What was NHYB’s price range in the past 12 months?
NHYB lowest ETF price was $24.93 and its highest was $25.01 in the past 12 months.