RMHY is designed to maintain exposure to high yield corporate bonds when the trending high yield bond environment is positive and then move into short-term U.S. Treasuries as a risk-off position when that trend reverses.

The strategy invests in high yield corporate bonds during normal markets in an effort to capture high income and return opportunities. When risk rises, it moves into defensive assets to help preserve capital and limit drawdowns.

RMHY uses momentum and volatility signals to dynamically adjust exposures, aiming to preserve income while managing downside risk—all within a transparent ETF structure.