Schwab’s New SCYB ETF Targets High Yield Corporate Bond Market
July 11, 2023 at 14:20 PM EDT
Schwab Asset Management has launched the Schwab High Yield Bond ETF (NYSE Arca: SCYB). The ETF will provide simple access to the U.S. dollar-denominated high yield corporate bond market. SCYB looks to track as closely as possible, before fees and expenses, the ICE BofA US Cash Pay High Yield Constrained Index’s total return. The fund [...] The post Schwab’s New SCYB ETF Targets High Yield Corporate Bond Market appeared first on ETF Trends .