Industry description
The investment seeks to track the investment results (before fees and expenses) of the ICE USD Global High Yield Excluding U.S. Issuers Constrained Index.
The fund invests at least 80% of its total assets in the components that comprise the underlying index. The underlying index is composed of U.S. dollar denominated, below investment grade corporate debt that is publicly issued in the U.S. domestic and eurobond markets by non-U.S. issuers.