Key stats
About NBI High Yield Bond ETF Trust Units
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Inception date
Mar 4, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
National Bank Investments, Inc.
ISIN
CA62878A1066
The fund aims to achieve high total income return by actively managing a portfolio comprised primarily of high-yield debt securities of developed market issuers. Such issuers can be both companies/corporation or US and Canadian government. Holdings could also include floating-rate notes and loans, preferred shares, ABS and MBS, and convertible bonds. In selecting securities, the fund sub-advisor uses a fundamental, bottom-up investment process to look for issuers believed to have well-defined business vision and competitive advantages. The process is based on sector diversification, companys strength in-depth analysis, competitive position in the sector, management team, market trends and the return offered compared to risk and market conditions. The fund may also invest less than 15% of its assets in other funds, including ETFs, managed by the sub-advisor.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Loans
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Loans47.46%
Cash34.93%
Miscellaneous12.88%
Corporate4.72%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NHYB last dividends amounted to 0.11 CAD. The month before, the issuer paid 0.10 CAD in dividends, which shows a 4.76% increase.
NHYB assets under management is 1.32 B CAD. It's risen 1.96% over the last month.
NHYB fund flows account for 206.60 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NHYB pays dividends to its holders with the dividend yield of 5.44%. The last dividend (Sep 29, 2025) amounted to 0.10 CAD. The dividends are paid monthly.
NHYB shares are issued by National Bank of Canada under the brand NBI. The ETF was launched on Mar 4, 2020, and its management style is Active.
NHYB expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
NHYB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NHYB invests in cash.
NHYB price has risen by 0.27% over the last month, and its yearly performance shows a −0.05% decrease. See more dynamics on NHYB price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.20% increase in three-month performance and has increased by 5.77% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.20% increase in three-month performance and has increased by 5.77% in a year.
NHYB trades at a premium (0.49%) meaning the ETF is trading at a higher price than the calculated NAV.