S&P 500 Downside Hedged PS (PHDG)

$29.51 $-0.14 (-0.47%)

  • Last Price:
    $29.51
  • Previous Close:
    $29.65
  • Change:
    $-0.14 (-0.47%)
  • Open:
    $29.60
  • Volume:
    10,233
  • Day's Range:
    $29.39 - $29.60
  • Dividend Yield:
    2.25%
  • 52-week Range:
    $34.48 - $24.83
  • P-E:
    24
  • EPS:
    $0.00
  • Sector:
  • Industry:

The investment seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad equity or fixed income market returns. The fund uses a quantitative, rules based strategy to allocate its assets among components of the S&P 500® Dynamic VEQTOR Index in a combination of (i) equity securities contained in the S&P 500® Index and that are listed on a U.S. securities exchange, (ii) Chicago Board Options Exchange Volatility Index related instruments, such as listed VIX Index futures contracts that reflect exposure to the S&P 500® VIX Short Term Futures Index, and (iii) money market instruments, cash and cash equivalents.