ETFs - Profile

Peritus High Yield ETF

US > Non-Investment Grade > Intermediate-Term

Rank

Universe Rank
21 21

Summary

The fund seeks primarily high current income and secondarily capital appreciation by investing in companies in the United States.

The fund manages assets with the help of two sub-advisers namely MacKay Shields LLC and WhiteStar Asset Management LLC.

Each sub-adviser manages its allocated portion of the fund’s assets to correspond with its distinct investment style and strategy.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The sub-advisers’ investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests significantly in high-yield debt securities.

In selecting securities for the portfolio, MacKay Shields performs an independent investment analysis of each issuer to determine its creditworthiness.

WhiteStar employs both top-down and bottom-up analyses to select investments for the fund.

WhiteStar’s top-down analysis involves More

Philosophy Strategy Process Reaserch Risk Management

Price

  • Last Close
  • $30.42
    +0.12
  • 52 Week HL
  • $31.65 - $30.14
  • Net Assets
  • $132.71 M
  • Expense Ratio

Portfolio

  • Holdings
  • -
  • Turnover Ratio
  • -

Performance
-36.1 % YTD

  • 3 Year
  • -9.28%
  • 5 Year
  • -1.31%
  • Best
  • 49.53%
    2021
  • Worst
  • -36.09%
    2022

Returns +
A

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
HYLD -36%50%-5%2%0%9%17%-13%-14%0%15%
S&P 500 -10%27%16%29%-6%19%10%-1%11%30%13%

Returns +
Q

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Q1 -36.2% 1.2% -25.8% 5.6% 3.2% 1.5% -1.3% 2.5% 3.4% 4.2% -
Q2 - 0.9% 17.9% -1.1% 1.9% 2.7% 8.5% 0.1% 3.2% -0.8% -
Q3 - -1.8% -100% -1.7% 2.2% 2.2% 5.1% -8.7% -4.3% 4.5% -
Q4 - -1.3% - -1% -6.6% 2.4% 4.1% -7.1% -15.4% 1.9% -

Returns +
M

J F M A M J J A S O N D
2022 -36.1% - - - - - - - - - - -
2021 0.9% -0.1% 0.4% 0.5% -0.3% 0.9% -1.2% - -0.8% - -1.7% 0.5%

Annual
Return

Index Comparison

Alpha

NAV