HYZD

WisdomTree Interest Rate Hedged High Yield Bond Fund
*Unless otherwise stated, data provided by FactSet.

HYZD Fund Description

HYZD tracks a long/short net-zero duration bond index that's long US high-yield issues and short Treasury futures.

HYZD Factset Analytics Insight

HYZD is one of several interest-rate-hedged bond funds indexed and offered by WisdomTree. The fund screens corporate bonds for favorable cash flow, income and valuation. Issues with a higher probability of default relative to other bonds in its sector are also removed. HYZD offers very similar high-yield exposure as PIMCO’s HYS, but with an interest-rate-hedge overlay. The fund shorts Treasury futures to achieve a net-zero portfolio duration. The portfolio theoretically captures only the credit spread without duration risk. However, a nonparallel shift in yield curve may undermine precise hedging. HYZD might appeal to investors who want pure credit exposure but are uncertain about interest-rate paths. Prior to May 29, 2020, the fund sought to track the ICE BofA Merrill Lynch 0-5 Year US High Yield Constrained, Zero Duration Index.

PERFORMANCE [as of 10/18/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HYZD -0.38% 0.18% 4.47% 9.39% 2.34% 3.85% --
HYZD (NAV) -0.09% 1.15% 4.80% 8.87% 2.52% 3.90% --
Bloomberg US Corporate High Yield Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HYZD Summary Data

WisdomTree
12/18/13
Open-Ended Fund
0.43%
$182.32M
$1.14M
0.17%

HYZD Portfolio Data

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HYZD Index Data

WisdomTree U.S. High Yield Corporate Bond, Zero Duration Index
Fundamental
Fundamental
Bloomberg US Corporate High Yield Index

HYZD Portfolio Management

0.43%
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HYZD Tax Exposures

20.00% / 39.60%
0.04%
Ordinary income
No

HYZD Fund Structure

Open-Ended Fund
No
Yes
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N/A
N/A
Low
Daily

HYZD Factset Analytics Block Liquidity

As of 10/19/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HYZD. HYZD is rated a N/A out of 5.

HYZD Tradability

51,400
$1.14M
25,852
$573.61K
0.17%
$0.04
0.03%
1.31% / -1.44%
None
100.00%
100,000
0.26
0.02%
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317
$22.23
N/A

HYZD Top 10 Holdings[View All]

1.87%
0.81%
0.78%
0.77%
0.75%
0.74%
0.73%
0.72%
0.71%
0.69%
8.57%

HYZD Performance Statistics

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HYZD Holdings Statistics

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HYZD Avg Life Maturity Distribution

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HYZD OAS Breakdown

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