When does Obra Defensive High Yield ETF pay distributions?▾
The most recent ex-dividend date was May 28, 2026. The next scheduled dividend payment date is May 29, 2026.
What does Obra Defensive High Yield ETF invest in?▾
ODHY is actively managed and invests primarily in high yield, USD-denominated corporate bonds (junk bonds). It uses a bottom-up, value-driven process in selecting securities, targeting larger companies with significant cash flow and higher-rated bonds (B3/B or better). The advisor assesses each companys credit risk through a proprietary default risk rating (DRR), which evaluates default probability, loan recovery, and other factors such as audited financial statements, restricted payments covenants, and industry classifications. Up to 10% may be allocated to government securities,...
