WisdomTree U.S. High Yield Corporate Bond Fund (QHY)

The WisdomTree U.S. High Yield Corporate Bond Fund (ticker QHY) is an exchange-traded fund from WisdomTree that invests in U.S. dollar-denominated, below-investment-grade corporate bonds.

Rather than weighting the high-yield market purely by the amount of debt outstanding, the strategy applies a fundamentals-based approach that emphasizes issuers with stronger quality characteristics, such as solid cash flow and manageable leverage, while seeking to avoid the weakest credits. This aims to deliver high-yield income with a tilt away from issuers more prone to distress.

The portfolio holds a diversified mix of bonds across industries and is rebalanced periodically according to its methodology.