Key stats
About TCW High Yield Bond ETF
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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.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Loans
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HYBX trades at 30.53 USD today, its price has risen 0.59% in the past 24 hours. Track more dynamics on HYBX price chart.
HYBX net asset value is 30.63 today — it's risen 1.16% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HYBX assets under management is 40.54 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
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 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HYBX invests in bonds. See more details in our Analysis section.
HYBX expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HYBX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, HYBX pays dividends to its holders with the dividend yield of 7.34%.
HYBX trades at a premium (0.33%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HYBX shares are issued by The TCW Group, Inc.
HYBX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 18, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.