ETF Trends publisher Tom Lydon discussed the High Yield ETF (HYLD) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

HYLD seeks high current income with a secondary goal of capital appreciation. The sub-advisor seeks to achieve the fund’s investment objective by selecting a focused portfolio of high-yield debt securities, which include senior and subordinated corporate debt obligations like loans, bonds, debentures, notes and commercial paper.