The investment objective of HYLD is to provide attractive monthly income and long-term capital appreciation from a diversified, multi-sector portfolio of primarily covered call ETFs, primarily focused on the U.S. HYLD uses leverage in order to seek to achieve its investment objective. Leverage is created through the use of cash borrowings or as otherwise permitted under applicable securities legislation. The maximum aggregate leverage of HYLD will not exceed approximately 25% of its net asset value.
The XTSE:HYLD ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.