|EXCHANGE:||CBOE BZX Exchange, Inc.|
|INCEPTION DATE:||December 8, 2020|
|NET ASSETS AS OF as of 9/30/2020|
|GROSS/NET EXPENSE RATIO||0.95%|
|30-DAY SEC YIELD AS OF 05/31/2021**||3.59%|
|Median 30 Day Bid/Ask Spread|
Fund Investment Objective
The TrimTabs Donoghue Forlines Tactical High Yield ETF (the “Fund”) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Tactical High Yield Index (the “Underlying Index”).
Where does DFHY fit into a portfolio?
The TrimTabs Donoghue Forlines Tactical High Yield ETF is a strategic allocation to investor portfolios. The fund can be used as a sleeve for the fixed income portion of an overall asset allocation portfolio for investors seeking income and or a total return.
Why invest in DFHY?
Income investors are currently challenged with historically low interest rates.
DFHY seeks to participate in the high yield bond market which offers generally high coupon rates to potentially provide a high level of current income. DFHY aims to capture the majority of the upside and more importantly avoid the majority of the downside of the high yield asset class during a full credit market cycle.
The strategy utilizes proprietary defensive “Tactical” indicators to attempt to mitigate downside volatility and preserve capital by shifting primarily towards intermediate term treasury exposure during market declines.
High Yield bonds have typically been less interest rate sensitive than higher quality fixed income asset classes and not as volatile as dividend paying stocks.
DFHY seeks consistent returns for investors seeking income distribution.
We believe that combining High Yield with Tactical Defensive Risk Management is a differentiator in Index and ETF construction.