Financial Services - Dallas, Texas, United States
The fund is actively managed and aims to achieve its goals by selecting a portfolio of high yield bonds and bank loans, and by dynamically managing risk. HYLD's active management relies on proprietary risk management tools and fundamental credit analysis as it seeks to provide high-income and diversification benefits to the portfolio.An investment in the Fund is subject to risk, including the possible loss of the principal amount invested. Diversification does not ensure profits or prevent losses. High. Yield, lower-rated bonds involve a greater degree of risk than investment-grade bonds in return for higher yield potential. May not be suitable for all investors.HYLD takes a value-based, active credit approach to the markets, primarily focusing on the secondary market where HYLD believes there is less competition and more opportunities for capital gains.Carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Fund's prospectus and Summary Prospectus, which may be obtained by visiting www.hyldetf.com. Read the prospectus and Summary Prospectus carefully before investing. For Important Disclosures: HYLD ETF WebsiteProspectus: Summary ProspectusForeside Fund Services, LLC, distributor.
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