UJBProShares Ultra High Yield
UJB Fund Description
UJB provides 2x exposure to a market-value-weighted index of USD-denominated high-yield corporate bonds with remaining maturities between 3 and 15 years.
UJB Factset Analytics Insight
UJB provides daily leveraged (2x) exposure to the Markit iBoxx USD Liquid High Yield Index. It charges a high nut typical fee for holding swaps on the index and the iShares Trust iBoxx USD High Yield Corporate Bond ETF (HYG). The index tracks the most liquid high-yield USD-denominated corporate bonds with 3-15 years to maturity. It's attracted almost no investor capital, which not only makes it a high closure risk, but also hard to trade at the retail level.
UJB CHARTS AND PERFORMANCE
UJB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UJB. UJB is rated a 5 out of 5.