Symbols

GHYB

Goldman Sachs Access High Yield Corporate Bond ETF·NYSE

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Key Stats

Assets Under Management

115.62MUSD

Fund Flows (1Y)

-28.12MUSD

Dividend Yield

7.01%

Discount/Premium to NAV

0.01%

Shares Outstanding

2.60M

Expense Ratio

0.15%

About Goldman Sachs Access High Yield Corporate Bond ETF

Issuer

Goldman Sachs Asset Management, L.P.

Brand

Goldman Sachs

Home Page

https://am.gs.com/en-us/individual/funds/detail/PV102746/381430453/goldman-sachs-access-high-yield-corporate-bond-etf

Inception Date

Sep 5, 2017

Structure

Open-Ended Fund

Index Tracked

FTSE Goldman Sachs High Yield Corporate Bond Index

Management Style

Passive

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

Goldman Sachs Asset Management LP

Distributor

ALPS Distributors, Inc.

GHYB's portfolio selection starts from the most liquid corporate high yields from the FTSE US High-Yield Market Index (the Reference Index), this index may include US and Canada-domiciled bonds denominated in USD. A maturity-bucketing process is applied to approximate the average effective duration of the Reference Index. After that, fundamental screens are employed, starting with grouping bonds based on three broad industries: financials, industrials, and utilities. Within each group, issuers are ranked and weighted equally by debt service and leverage. The underlying index chooses the highest-ranking eligible securities in each industry group, screening out the lowest ranking.