HYGV has a 0.37% expense ratio, a 4.17 year effective duration and a 7.32% weighted average yield to maturity.
Sector weights include industrial 33.9%, consumer 23.7%, energy 16.7%, tech/telecom/media 13.8% and financials 10.0%. Sub-sector weights include cable and satellite 6.3%, independent energy 6.1%, health care 5.9%, tech 5.5%, midstream 5.0%, wireless 4.5%, media/entertainment 4.1%, metals 4.0%, pharma 4.0% and wirelines 3.8%.
While the U.S. makes up the majority of issuers at 81.8%, the high-yield bond ETF has some overseas exposures, including Canada 6.6%, U.K. 4.5%, Netherlands 1.5%, Luxembourg 1.4%, France 1.3%, Italy 1.0%, Australia 0.7%, Cayman Islands 0.4% and Bermuda 0.4%.
Financial advisors who are interested in learning more about yield-generating strategies can register for the Tuesday, July 24 webcast here.