| Index Overview |
| The Northern Trust High Yield Value-Scored US Corporate Bond Index is designed to measure the performance of a diversified universe of high yield, US-dollar denominated bonds of companies exhibiting favorable fundamental qualities, market valuations and liquidity, as defined by Northern Trust Investments, Inc.'s ("NTI") proprietary scoring models. |
| Index Construction |
| Optimized |
| Index Methodology |
| The construction of the Index begins with a securities screen to determine eligible securities (as described in the "Index Eligibility" section). Once all eligible securities have been identified, the securities are then optimized based on their exposure to quantitative factors such as:
- Value-Score, Credit-Score, and Liquidity Score, as determined by NTI's Quantitative Research team’s proprietary scoring models
The primary objective of the optimization is to maximize exposure to the value-score factor relative to the eligible universe.
For more details on this methodology, please see the Index Documents tab.
|
| Index Return Streams Available |
- Price Return: NTUHVCB
- Total Return: NTUHVCBTR
|
