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PERITUS HIGH YIELD ETF: (AMEX : HYLD)

(U.S : AMEX) As of Apr 16, 2014 03:59 PM ET

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$52.88 USD

+0.07 (0.13%)

Volume: 163,896

Zacks ETF Rank: 4 - Sell [?]       4  

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

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ETF Quote Details

Previous Close 52.81
Open 52.79
Bid 52.64
Ask 52.93
Day Low-High 52.79-52.89
52wk Low-High 49.01-52.89
Volume 163,896
NAV (month end) NA

Zacks Premium Research for HYLD

Zacks ETF Rank [?] Sell 4
ETF Risk [?] High
ETF Research Report

Learn to Profit from the Zacks Rank

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

Zacks Premium - The only way to get access to the Zacks Rank

ETF Expense Ratio

Expense Ratio 1.25%
Dividend (Yield) $3.99 (7.57%)
Issuer ADVISORSHARES

Benchmark for HYLD

BARCLAYS US HIGH YIELD VERY LIQUID BOND

This ETF is active and doesnt track an index. Instead, the fund looks to provide high currency income with a secondary goal of capital appreciation by selecting securities with a value-based approach. HYLD looks to have these levels be in excess of those found in the Barclays U.S. High Yield Index, which is considered representative of the universe of U.S. fixed rate, non investment grade debt.

Fund Summary for HYLD

PERITUS HIGH YIELD ETF

It generates a high current income with a secondary goal of capital appreciation. It seeks to achieve its objective by selecting a portfolio of high yield debt securities that generate a high current income stream. It takes a value-based, active credit approach to the markets favoring instead the secondary market where it believes there are less competition & more opportunities for capital gains.