WisdomTree Yield Enhanced Global Aggregate Bond Fund (GLBY)
WisdomTree Yield Enhanced Global Aggregate Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in US. The stock last traded at $26.76, up 0.64% on the session, giving a market capitalisation of $5.4M. Its beta of 0.00 implies it has historically moved less than the broad market.
The fund's primary objective is to mirror the price and yield performance, prior to accounting for fees and expenses, of the Bloomberg Barclays Global Aggregate Enhanced Yield Index, which employs a USD hedging strategy. Typically, more than 80% of the fund's total assets—excluding any collateral from securities lending—will be dedicated to investing in the securities that comprise this index, or in other investments that share substantially identical economic characteristics. This particular index is designed to provide broad exposure to the worldwide market for investment-grade fixed-income securities. An important characteristic of this fund is that it operates as a non-diversified entity.
WisdomTree Yield Enhanced Global Aggregate Bond Fund is most often compared with the following Financial Services names: