WisdomTree Negative Duration High Yield Bond Fund
HYND
NASDAQ Global Select- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- IPO Date
- Dec 16, 2013
- CIK
- 0001350487
- Similar Companies
- Business
- WisdomTree Negative Duration High Yield Bond Fund (HYND) is an exchange-traded fund that seeks to track the price and yield performance, before fees and expenses, of the ICE BofA Merrill Lynch 0-5 Year U.S. High Yield Constrained, Negative Seven Duration Index. The fund combines a long position in short-maturity U.S. high yield corporate bonds from the ICE BofA Merrill Lynch 0-5 Year U.S. High Yield Constrained Index with short positions in U.S. Treasury bonds and/or U.S. Treasury futures contracts to target a duration of negative seven years; it rebalances the interest rate hedge on a monthly basis to mitigate interest rate risk while generating income from high yield exposures. HYND operates as an open-end ETF registered under the Investment Company Act of 1940, with an expense ratio of 0.48%, and trades on the NASDAQ exchange. The fund's long portfolio consists of below-investment-grade corporate debt publicly issued in the U.S. domestic market with maturities of 0-5 years; the short portfolio targets an aggregate duration of negative seven years through short U.S. Treasuries, providing potential benefits in rising interest rate environments by offsetting losses on the high yield bonds while capturing credit spread tightening if economic conditions improve. HYND targets investors seeking high income with reduced interest rate sensitivity, serving as a standalone tool or portfolio overlay for fixed income allocations focused on short-duration high yield bonds; it emphasizes institutional-style portfolio management in ETF form for broad coverage of U.S. high yield credit sectors. HYND was launched by WisdomTree Investments, Inc., which traces its origins to 1985 as Financial Data Systems, Inc., rebranded to WisdomTree Investments, Inc. in 2005, and is headquartered in New York, New York; the firm pioneered dividend-weighted ETFs in 2006 and manages a diverse lineup of ETFs across equity, fixed income, commodities, and alternatives, with global operations in the U.S., Europe, and other regions. No major changes, partnerships, acquisitions, funding rounds, new product launches, or strategic shifts specific to HYND have been reported in the last 1-2 years. WisdomTree as sponsor recently completed the acquisition of Ceres Partners, LLC in October 2025 for up to $500 million, marking its entry into private asset markets with a focus on U.S. farmland investments, solar leasing, AI data infrastructure, and water rights; this expands WisdomTree's offerings beyond ETFs into uncorrelated real assets but does not directly impact HYND. The fund continues to provide its core negative duration high yield bond exposure amid WisdomTree's broader growth in AUM, models, and digital assets as of late 2025.