Description:

HYI refers to High Income Investment Grade Bond ETF, which is listed on the New York Stock Exchange Arca (NYSE Arca). This ETF is designed to provide income to investors by tracking the performance of the BofA Merrill Lynch US High Yield Constrained Index. The fund aims to offer exposure to a diversified portfolio of high-yield corporate bonds while maintaining certain constraints on credit quality and duration, making it an attractive option for investors seeking a blend of income and capital preservation within their investment strategies.

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