Is Obra Defensive High Yield ETF (ODHY) a Buy, Sell, or Hold?
AMEX : ODHY
Obra Defensive High Yield ETF
$9.975 USD
$0.01 (0.1%)
- Volume
- 8
- Average Volume
- 100
- Market Capitalization
- $5.09M
- P/E Ratio
- Dividend Yield
- %
- Price Target
- Year High
- $10.13
- Year Low
- $9.85
- Day High
- —
- Day Low
- —
- Payout Ratio
- Current Ratio
Company Overview
AMEX
None
Asset Management - Bonds
Financial Services
ODHY
N/A
US
USD
Liquidity Metrics
Sales & Valuation
-$
Profitability
-$
%
%
%
%
P/E Metrics
Analyst Price Target & Rating
0/5
0 Analysts
%
Financial Health Scores
No financial score data available.
Key Metrics (TTM)
No key metrics data available.
Company Executives
No executive data available.
Poll Results
No votes yet today — be the first to share your view!
About Obra Defensive High Yield ETF (AMEX:ODHY) Stock
The Obra Defensive High Yield ETF (ODHY) is a dynamically managed fund that primarily seeks opportunities in U.S. dollar-denominated, high-yield corporate debt, commonly known as sub-investment grade or "junk" bonds. Its investment methodology is distinctly bottom-up and value-driven, meticulously selecting securities from larger entities that demonstrate robust cash flow generation. The fund specifically targets the upper tier of the high-yield market, focusing on bonds rated B3/B or superior. A cornerstone of its strategy involves a proprietary Default Risk Rating (DRR) employed by the advisor to rigorously assess each company's creditworthiness. This comprehensive rating scrutinizes default probability, expected loan recovery rates, and a multitude of other factors, including detailed a ... udited financial statements, restrictive payment covenants, and thorough industry analysis. While predominantly investing in high-yield corporate debt, the fund allows for tactical diversification, allocating up to 10% of its assets to government securities, investment-grade bonds, or even unrated/lower-rated debt, provided such instruments meet the stringent internal DRR criteria. During periods of market turbulence, ODHY may engage in active trading to capitalize on opportunities or mitigate potential losses. To ensure diversification and maintain overall portfolio quality, the fund adheres to strict constraints: no more than 15% exposure to any single industry, individual issuer holdings are capped at 1.5%, and the weighted average rating across the portfolio is consistently maintained at B2/B.
Frequently Asked Questions
-
What is the current Obra Defensive High Yield ETF (ODHY) stock price?
-
Obra Defensive High Yield ETF(AMEX:ODHY) stock price is $9.975 in the last trading session. During the trading session, ODHY stock reached the peak price of $10.125 while $9.849 was the lowest point it dropped to. The percentage change in ODHY stock occurred in the recent session was 0.1% while the dollar amount for the price change in ODHY stock was $0.01.
-
ODHY's industry and sector of operation?
-
The AMEX listed ODHY is part of Asset Management - Bonds industry that operates in the broader Financial Services sector.
-
Who are the executives of ODHY?
-
|
|
|
|
| -
How many employees does ODHY have?
-
Number of ODHY employees currently stands at None. ODHY operates from 650 Fifth Avenue, 23rd Floor, New York, NY 10019, US.
-
Link for ODHY official website?
-
Official Website of ODHY is: https://www.obrafunds.com/?t=ODHY
-
How do I contact ODHY?
-
ODHY could be contacted at phone #252-972-9922 and can also be accessed through its website. ODHY operates from 650 Fifth Avenue, 23rd Floor, New York, NY 10019, US.
-
How many shares of ODHY are traded daily?
-
The average number of ODHY shares traded daily for last 3 months was 100.
-
What is the market cap of ODHY currently?
-
The market value of ODHY currently stands at $5.09M with its latest stock price at $9.975