F/m High Yield 100 ETF (ZTOP)

F/m High Yield 100 ETF is a fixed income fund from F/m Investments that invests in U.S. high-yield corporate bonds, also known as below-investment-grade or junk bonds. As its name indicates, the strategy concentrates on a set of roughly 100 bonds rather than holding a very broad high-yield universe.

High-yield bonds are issued by companies with lower credit ratings and pay higher coupons to compensate investors for greater credit risk. The fund aims to provide current income from this segment of the corporate bond market and trades on NASDAQ under the ticker ZTOP.