WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD)
WisdomTree Interest Rate Hedged High Yield Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $22.61, down 0.14% on the session, giving a market capitalisation of $241.6M. Its beta of 0.20 implies it has historically moved less than the broad market.
This index provides exposure to a curated selection of U.S. high-yield corporate debt, commonly known as 'junk bonds,' focusing on issuers with strong underlying financials and promising income generation. A key aspect of its design is the proactive management of interest rate sensitivity, accomplished by holding short positions in U.S. Treasury securities. It's important to note that the fund is non-diversified.
WisdomTree Interest Rate Hedged High Yield Bond Fund is most often compared with the following Financial Services names: