HYLD Stock, High Yield ETF Information

The investment seeks high current income with a secondary goal of capital appreciation. The SubAdvisor seeks to achieve the funds investment objective by selecting a focused portfolio of highyield debt securities which include senior and subordinated corporate debt obligations such as loans bonds debentures notes and commercial paper. The fund does not have any portfolio maturity limitation and may invest its assets in instruments with shortterm mediumterm or longterm maturities. It invests at least 80% of its net assets plus any borrowings for investment purposes in highyield debt securities. The Sub-Advisor seeks to achieve the funds investment objective by selecting a focused portfolio of high-yield debt securities, which include senior and subordinated corporate debt obligations (such as loans, bonds, debentures, notes and commercial paper).