Key stats
About TCW High Yield Bond ETF
Home page
Inception date
Nov 18, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
TCW Investment Management Co. LLC
HYBX actively invests to provide exposure to below investment grade bonds issued by both government and corporate entities. The securities in the fund may include US obligations, money market instruments, investment grade corporate debt, US MBS, foreign debt securities, and privately issued MBS, ABS, and CMBS. HYBX may invest also in USD or non-USD denominated securities, from both developed or emerging markets. In selecting the components of the fund, the adviser considers the potential performance of various market sectors, security selection available within a given sector, the risk/reward equation for different asset classes, liquidity conditions, the shape of the yield curve and projections for changes in the yield curve, fluctuations of interest rates, and current monetary and fiscal policy. HYBX began as the TCW High Yield Bond Fund, with $40.7 million in assets before converting to an ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Loans
Bonds, Cash & Other100.00%
Corporate86.81%
Loans10.65%
Mutual fund0.99%
Cash0.97%
Miscellaneous0.59%
Stock breakdown by region
North America87.75%
Europe11.79%
Asia0.46%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HYBX last dividends amounted to 0.16 USD. The month before, the issuer paid 0.16 USD in dividends,
HYBX assets under management is 40.54 M USD. It's fallen 0.70% over the last month.
HYBX fund flows account for −103.46 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HYBX pays dividends to its holders with the dividend yield of 7.34%. The last dividend (Jul 3, 2025) amounted to 0.16 USD. The dividends are paid monthly.
HYBX shares are issued by The TCW Group, Inc. under the brand TCW. The ETF was launched on Nov 18, 2024, and its management style is Active.
HYBX expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
HYBX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HYBX invests in bonds.
HYBX price has risen by 0.43% over the last month, and its yearly performance shows a −0.72% decrease. See more dynamics on HYBX price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.60% increase in three-month performance and has increased by 4.54% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 5.60% increase in three-month performance and has increased by 4.54% in a year.
HYBX trades at a premium (0.33%) meaning the ETF is trading at a higher price than the calculated NAV.