WisdomTree along with Voya Investment Management Co. have just announced their partnership to launch the WisdomTree Voya Yield Enhanced USD Universal Bond Fund (UNIY), available for trade on the Nasdaq. UNIY looks to offer investors exposure to the U.S. dollar-denominated bond market through the Bloomberg US Universal Enhanced Yield Index. The plan looks to enhance yield while staying with certain risk parameters offering access to a large range of sectors. A quote from the Head of Client Solutions at Voya Investment Management Solutions states, “Our shared belief in creating innovative client investment options is the cornerstone of our relationship with WisdomTree, and we look forward to continued success.”
WisdomTree & Voya Partner To Launch Enhanced US Bond ETF
ETF Newz Says:
At launch UNIY’s distribution is, AAA at 57.27%, AA at 20.57%, A at 11.15%, BBB at 10.41%, and unknown at 0.60%.