(GHYB) Goldman Sachs Access High - Ratings and Ratios

Goldman Sachs Access High Yield Corporate Bond ETF (NYSE ARCA: GHYB) is designed to provide exposure to the U.S. high-yield corporate bond market. The fund invests at least 80% of its assets in securities from its underlying index, which is based on the FTSE US High-Yield Market Index. This index incorporates concepts developed by Goldman Sachs Asset Management (GSAM) to enhance yield and credit exposure while maintaining liquidity.

GHYB offers a targeted approach to high-yield bonds, focusing on issuers with lower credit ratings but higher yields compared to investment-grade debt. The ETFs underlying index is constructed to include a broad range of high-yield bonds, providing diversification across various sectors and issuers. The fund is structured to deliver a high level of income while managing credit risk through diversification and index-based selection.

The ETF trades on the NYSE ARCA with the ticker symbol GHYB, offering investors access to the high-yield bond market through a liquid and transparent vehicle. With an average daily trading volume of 8,603 shares over the past 20 days, GHYB provides manageable liquidity for investors seeking to allocate to high-yield bonds. The funds assets under management (AUM) stand at $144.23 million, indicating a modest but established presence in the ETF market.

From a technical perspective, GHYB is trading at $44.85, slightly above its 20-day SMA of $44.78 and 50-day SMA of $44.45. The 200-day SMA of $43.46 suggests the fund has been in an upward trend over the longer term. The Average True Range (ATR) of 0.18 indicates relatively low volatility, making it a stable choice for income-focused investors.