Symbols

SHYL

Xtrackers Short Duration High Yield Bond ETF·NYSE

--(--)

Key Stats

Assets Under Management

257.99MUSD

Fund Flows (1Y)

112.72MUSD

Dividend Yield

7.02%

Discount/Premium to NAV

0.01%

Shares Outstanding

5.75M

Expense Ratio

0.20%

About Xtrackers Short Duration High Yield Bond ETF

Issuer

DWS

Brand

Xtrackers

Home Page

https://etf.dws.com/en-us/SHYL-short-duration-high-yield-bond-etf/

Inception Date

Jan 10, 2018

Structure

Open-Ended Fund

Index Tracked

Solactive USD High Yield Corporates Total Market 0-5 Year 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

DBX Advisors LLC

Distributor

ALPS Distributors, Inc.

SHYL tracks a broad and straightforward short-term bond index that includes all high-yield corporate debt meeting the liquidity requirements. Like most US bond funds, SHYL doesn't consider issuer domicile--it simply screens for bonds that are issued and traded in US dollars. SHYL holds bonds with remaining maturities anywhere between zero and five years, although the original maturity must have been no greater than 15 years. Bonds are weighted according to their market value, however, individual issuers are capped at a maximum of 3%. Reconstitution and rebalancing of the fund and underlying index are done on a monthly basis.