Key stats
About TD ASSET MANAGEMENT INC. ACTIVE U.S. HIGH YIELD BOND ETF
Home page
Inception date
Nov 19, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
TD Asset Management, Inc.
The fund seeks to earn income by primarily focusing on US corporate bonds that are rated BB+ to B- by nationally rated credit agencies at the time of purchase. The fund may continue to hold bonds that have been downgraded from B- and upgraded from BB+ after purchase if deemed beneficial for the overall portfolio. Securities are selected based on a methodical risk/return analysis that hopes to capture long-term returns from the largest issuers of the US high-yield bond market. The fund adviser believes that emphasizing credit fundamentals of the largest high-yield bond issuers in the context of a global macroeconomic environment will add value to the funds long-term performance. TUHY is generally a buy-and-hold investment, and is rebalanced on a quarterly basis. The fund may also hold other income-generating securities from US issuers.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TUHY trades at 20.75 CAD today, its price has fallen −0.29% in the past 24 hours. Track more dynamics on TUHY price chart.
TUHY net asset value is 20.77 today — it's risen 0.94% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TUHY assets under management is 320.59 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TUHY price has fallen by −0.10% over the last month, and its yearly performance shows a −0.86% decrease. See more dynamics on TUHY price chart.
NAV returns, another gauge of an ETF dynamics, showed a 4.15% increase in three-month performance and has increased by 5.58% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 4.15% increase in three-month performance and has increased by 5.58% in a year.
TUHY fund flows account for 70.75 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TUHY invests in bonds. See more details in our Analysis section.
TUHY expense ratio is 0.62%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TUHY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TUHY technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TUHY shows the sell signal. See more of TUHY technicals for a more comprehensive analysis.
Today, TUHY technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TUHY shows the sell signal. See more of TUHY technicals for a more comprehensive analysis.
Yes, TUHY pays dividends to its holders with the dividend yield of 6.36%.
TUHY trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TUHY shares are issued by The Toronto-Dominion Bank
TUHY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 19, 2019.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.