X USD High Yield Corporate Bond 1D Mutual Fund

The X USD High Yield Corporate Bond 1D Mutual Fund is a fixed income investment vehicle focused on providing exposure to the US high yield corporate bond market. This fund primarily invests in US dollar-denominated corporate bonds that are rated below investment grade, commonly referred to as high yield or "junk" bonds. Its main objective is to deliver income through regular distributions, typically reflecting the higher yields associated with this segment of the bond market. The fund's portfolio is diversified across various sectors and issuers, aiming to balance income generation with risk management. By targeting high yield corporate bonds, it plays a significant role for investors seeking enhanced income potential compared to traditional investment-grade bond funds, albeit with a higher risk profile due to credit risk inherent in lower-rated issuers. The fund's daily distribution structure and liquid nature make it an option for those requiring frequent income or tactical fixed income positioning within diversified portfolios. As part of the broader US credit market, this fund serves both institutional and individual investors looking to capture opportunities in the higher-yielding corporate debt segment.