Capital Group High Yield Bond ETF (CGHY)

The Capital Group High Yield Bond ETF (CGHY) is an actively managed exchange-traded fund from Capital Group that invests primarily in below-investment-grade corporate debt.

The fund seeks a high level of current income and, secondarily, capital appreciation by holding bonds rated below investment grade, issued mostly by U.S. companies. Its managers rely on Capital Group's fundamental credit research to evaluate issuers, and the portfolio is managed through the firm's multi-manager approach in which several investment professionals oversee separate sleeves.