Xtrackers USD High Yield BB-B ex Financials ETF Announces Monthly Distribution of $0.2939
The Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) has declared a monthly distribution of $0.2939 per share. The fund reported a 30-day SEC yield of 7.23% as of October 30, reflecting the current yield environment for high-yield credit excluding the financial sector. The distribution is scheduled to be paid on November 09, with an ex-dividend date and record date both set for November 02. This announcement comes amid broader market concerns regarding rising credit stress in the high-yield space, specifically noting that CCC-rated spreads have reached four-year highs.
Topics: ETF dividend high yield credit yield distribution
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