Simplify High Yield ETF trades under ticker CDX on NYSE as an ETF. Use this page to review its stock price, dividends, and price history. The page also shows High Yield Bond exposure. Identifiers: ISIN US82889N8305, CUSIP 82889N830.
About the Company
The adviser seeks to achieve the fund’s investment objective by investing in high yield bonds also known as “junk bonds” primarily by purchasing exchange traded funds and applying a credit hedge derivatives strategy to the fund’s investments. Under normal circumstances, the fund will invest at least 80% of its net assets in high yield securities. The fund may invest up to 20% of its portfolio in derivatives.