DBND ISSUER
The DB X-trackers USD High Yield Corporate Bond ETF (DBND) is managed by Deutsche Bank AG. This actively managed exchange-traded fund primarily invests in fixed income instruments.
DBND DIVIDEND
The DBND Dividend ETF is primarily focused on fixed income instruments and aims to provide income to its investors. The fund typically invests at least 80% of its net assets in various fixed income instruments, including government securities, corporate obligations, mortgage-backed securities, and more. While the primary goal of DBND is income generation, its dividend distribution is influenced by the performance and dividend policies of the underlying assets. Investors can expect regular distributions, and the ETF may invest in high-yield or unrated bonds, depending on its portfolio managers' assessment of market opportunities.
DBND TRACKING
Tracking the DB Long Duration Bond ETF revolves around actively managing an exchange-traded fund focused on fixed income instruments and similar investments. The fund aims to invest at least 80% of its net assets in various fixed income securities, which may include U.S. Government securities, corporate bonds, mortgage-backed securities, and more. It also has the flexibility to invest in high-yield bonds, bank loans, and other fixed income instruments, providing exposure to a broad spectrum of the fixed income market. DBND utilizes a controlled risk approach, actively managing asset allocation, and seeking to maintain a targeted average effective duration of its portfolio between two to eight years, while also employing derivatives for hedging and efficient investment exposures. As a non-diversified fund, DBND may focus on a smaller number of issuers, emphasizing a specialized approach to fixed income investing.
DBND CORRELATION
The correlation aspect of the actively managed iShares iBonds Dec 2030 Term Corporate ETF (DBND) is primarily linked to the performance of its fixed income investments. DBND aims to invest in a diversified portfolio of fixed income instruments, including government and corporate bonds, mortgage-backed securities, and other debt instruments. As a result, its correlation with interest rate movements, credit markets, and economic conditions is of utmost importance to investors. Understanding DBND's correlation can help investors gauge its sensitivity to changes in the fixed income market, making it a valuable tool for income-oriented investors looking to manage their bond portfolio efficiently.
DBND SECTOR
The Invesco Multi-Factor Defensive Bond ETF (DBND) primarily focuses on fixed income instruments and other investments with economic characteristics similar to fixed income instruments. These investments encompass a wide range of securities, including those issued or guaranteed by the United States Government, corporate obligations, mortgage-backed securities, asset-backed securities, and foreign fixed-income securities. The fund also has the flexibility to invest in high-yield, high-risk bonds, commonly known as junk bonds, and may allocate a portion of its assets to emerging market fixed income securities. Additionally, DBND may utilize derivatives for hedging purposes and employ various strategies to manage interest rate risk. As a non-diversified fund, DBND may concentrate its investments in a smaller number of issuers, potentially adding a level of risk compared to more diversified options.
DBND EXPOSURE
The exposure characteristic of the DB X-trackers Municipal Infrastructure Revenue Bond Fund (DBND) primarily focuses on the municipal bond market in the United States. This ETF aims to provide investors with exposure to fixed income instruments that include municipal bonds, specifically those tied to infrastructure revenue. DBND offers a way for investors to participate in the financing of essential infrastructure projects across various regions of the United States. For a more detailed analysis of DBND''s exposure and its correlation with other assets, you can leverage the ETF Insider web app, which provides comprehensive insights and visualizations for a better understanding of this ETF''s positioning in your portfolio.