Xtrackers USD High Yield Corporate Bond ETF HYLB NYSE

Xtrackers USD High Yield Corporate Bond ETF (HYLB) is a non-diversified fund that invests at least 80% of its net assets in U.S. dollar-denominated high yield corporate bonds, tracking an index of such securities. The fund may concentrate its holdings in particular industries or industry groups to the extent reflected in its underlying index, potentially holding 25% or more of total assets in a single sector. By focusing on high yield debt instruments, the fund seeks to provide investors with exposure to corporate bonds offering higher yields, while maintaining flexibility through borrowing for investment purposes when appropriate.