Sound Enhanced Fixed Income ETF
Sound Enhanced Fixed Income ETF (SDEF) is an actively managed exchange-traded fund (ETF) that seeks current income while providing the opportunity for capital appreciation by investing in fixed income securities.
SDEF invests in a combination of investment grade and below investment grade (often referred to as “high yield” debt securities. Typically, the SDEF portfolio will have an approximate equal weighting of investment grade and high yield debt securities. The portfolio weighting will be adjusted from time to time based on the sub-adviser’s assessment.