FlexShares High Yield Value-Scored Bond Index Fund (HYGV) is a junk bond ETF focused on fundamentals and risk management. HYGV is overweight in debt of U.S. industrial companies. Despite a high distribution rate, HYGV's dividend growth has not kept pace with inflation, and the share price points to a steep decay in value.
The FlexShares High Yield Value-Scored Bond ETF (HYGV) made its debut on 07/17/2018, and is a smart beta exchange traded fund that provides broad exposure to the High-Yield/Junk Bond ETFs category of the market.
Designed to provide broad exposure to the High-Yield/Junk Bond ETFs category of the market, the FlexShares High Yield Value-Scored Bond ETF (HYGV) is a smart beta exchange traded fund launched on 07/17/2018.
Investing in high-yield bonds is becoming tricky, as credit spreads are near cycle lows and the market looks complacent. The FlexShares® High Yield Value-Scored Bond Index Fund ETF offers a means to tap into the high-yield bond market while emphasizing value and quality issuers. The fund's diversified portfolio, value-scoring approach, and focus on liquidity set it apart from traditional market-capitalization-weighted indices.