Man Active High Yield ETF
MHY
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Michael Scott
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 452 Fifth Avenue, 27th Floor New York NY United States of America 10018
- IPO Date
- Sep 18, 2025
- Website
- man.com
- Similar Companies
- Business
- Man Active High Yield ETF (MHY) is an actively managed exchange-traded fund that seeks to provide income and capital growth over the medium to long term by investing primarily in global high yield securities. The Fund, sponsored by Man ETF Series Trust and advised by Man Group plc, a leading global alternative investment manager, allocates at least 80% of its net assets, plus any borrowings for investment purposes, to high yield bonds rated below investment grade (lower than BBB by S&P Global Ratings or Fitch Ratings, or Baa3 by Moody's); up to 30% may be invested in deeply distressed securities rated below B3 by Moody's or B- by S&P/Fitch, while up to 20% can include investment-grade securities, derivatives, mortgage- and asset-backed securities, and other fixed-income instruments. It employs a bottom-up investment approach emphasizing issuer solvency, fundamental credit quality, and valuation analysis, managed by Mike Scott, CFA, Head of Global High Yield and Credit Opportunities at Man Group, whose team oversees more than $8.9 billion across strategies; the portfolio maintains an unconstrained stance to avoid concentrations in regions, currencies, or sectors. Launched on September 16, 2025, and listed on NYSE Arca, the Fund is headquartered in New York at 1345 Avenue of the Americas, 21st Floor, with operations tied to Man Group's global credit platform of $42.7 billion as of June 30, 2025; it targets U.S. wealth investors, advisors, and institutions seeking access to institutional-grade high yield strategies in a liquid ETF structure, distributed by Foreside Financial Services, LLC. In a major strategic expansion, Man Group entered the U.S. ETF market in September 2025 with the debut of MHY alongside the Man Active Income ETF (MANI), marking the firm's first standalone actively managed ETFs housed in its own trust for full control over portfolio construction, distribution, and branding; this was followed by the December 17, 2025, launch of two additional ETFs—Man Active Emerging Markets Alternatives ETF (MEMA) and Man Active Trend Enhanced ETF (MATE)—further broadening Man Group's U.S. wealth offerings to four active funds listed on NYSE and Nasdaq.