Capital Group High Yield Bond ETF(CGHY)

The Capital Group High Yield Bond ETF is an actively managed exchange-traded fund specializing in high yield, or "junk," bonds. Its primary objective is to provide a high level of current income, with a secondary goal of capital appreciation. The fund seeks to leverage Capital Group’s deep research capabilities and multi-manager investment process, drawing on the firm’s extensive track record in managing high yield assets, with over $49 billion in high yield assets under management prior to the ETF’s launch. The ETF invests in a diverse array of below investment grade bonds, which typically offer higher yields than investment grade bonds but carry greater credit risk. This fund is designed to offer investors access to Capital Group’s active approach to high yield bond investing within the ETF structure, making it suitable for those looking to incorporate higher income fixed income exposures into diversified portfolios. Its creation reflects Capital Group’s ongoing expansion into active ETF solutions, aimed at institutional and professional investors seeking differentiated income strategies in the fixed income market.