Man Active High Yield ETF (MHY) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.55: the stock has moved about 45% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerMan Active High Yield ETF (MHY) trades at $25.24. Man Active High Yield ETF (MHY) provides diversified exposure to high-yield bonds and income-focused strategies. Sector: Financials.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for MHY: MHY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Man Active High Yield ETF (MHY) Financial Services Profile
Man Active High Yield ETF (MHY) offers investors access to actively managed high-yield fixed income strategies, leveraging Manulife's expertise in global credit research. With a focus on consistent income and risk mitigation across credit, interest rate, and liquidity dimensions, MHY operates within the competitive asset management landscape.
What Is the Investment Thesis for MHY?
With a beta of 0.55, MHY exhibits lower volatility compared to the broader market, potentially offering a more stable investment option. The ETF leverages Manulife's expertise in credit research and portfolio management to navigate the complexities of the high-yield market. Key value drivers include the ability to generate consistent income through active security selection and risk management. Growth catalysts involve increasing demand for high-yield assets in a low-interest-rate environment and the potential for outperformance through active management. However, potential risks include credit risk associated with high-yield bonds and interest rate sensitivity. As of 2026, the ETF's performance will be closely tied to the overall health of the credit markets and the effectiveness of Manulife's active management strategies.
Based on FMP financials and quantitative analysis
MHY Key Highlights
Market capitalization of $0.02 billion indicates a smaller fund size, which may offer agility in certain market conditions.
- Beta of 0.55 suggests lower volatility compared to the broader market, potentially appealing to risk-averse investors.
- Actively managed approach aims to outperform passive high-yield bond indices through security selection and risk management.
- Focus on consistent income generation aligns with the objectives of income-seeking investors.
- Leverages Manulife's global credit research and portfolio management expertise, providing a competitive advantage in security selection.
Who Are MHY's Competitors?
MHY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | $76.91 | +0.01% | $16.6B | — |
| JNK State Street SPDR Bloomberg High Yield Bond ETF | $92.39 | +0.10% | $7.11B | — |
| ANGL VanEck Fallen Angel High Yield Bond ETF | $27.57 | -0.14% | $2.97B | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 51 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 56 5-pillar |
| BAM Brookfield Asset Management | $44.85 | +0.65% | $71.6B | 57 5-pillar |
| AMP Ameriprise Financial, Inc. | $490.91 | -0.79% | $44.1B | 77 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MHY's Key Strengths?
Active management approach allows for flexibility in security selection.
- Leverages Manulife's global credit research expertise.
- Focus on consistent income generation.
- Lower volatility compared to the broader market (beta of 0.55).
What Are MHY's Weaknesses?
Smaller market capitalization ($0.02 billion) compared to larger competitors.
- Higher expense ratio compared to passively managed ETFs.
- Performance dependent on the effectiveness of active management strategies.
What Are the Key Risks for MHY?
Credit risk associated with high-yield bonds, leading to potential defaults.
- Interest rate sensitivity, impacting bond values in a rising rate environment.
- Economic downturns impacting corporate credit quality and increasing default rates.
- Increased competition from other high-yield ETFs, potentially impacting market share.
What Are MHY's Competitive Advantages?
- Manulife's expertise in global credit research provides a competitive advantage in security selection.
- Active management approach allows for flexibility in navigating changing market conditions.
- Established track record of delivering consistent income to investors.
What Does MHY Do?
Man Active High Yield ETF (MHY), part of the Man ETF Series Trust, specializes in actively managed high-yield fixed income exchange-traded funds. These ETFs are structured to provide investors with diversified exposure to high-yield bonds and income-generating strategies. Leveraging Manulife’s extensive global credit research and portfolio management capabilities, MHY aims to deliver consistent income while actively managing risks related to credit, interest rates, and liquidity. The ETF's investment approach involves in-depth analysis of credit markets and active portfolio adjustments to optimize returns and manage potential downside risks. MHY's strategies are designed to navigate various market conditions, providing investors with a potentially stable income stream from high-yield assets. The fund focuses on identifying opportunities within the high-yield space, utilizing a combination of top-down macroeconomic analysis and bottom-up credit selection. MHY's approach seeks to offer a balance between income generation and capital preservation, appealing to investors looking for yield in a low-interest-rate environment.
What Products and Services Does MHY Offer?
- Offers actively managed high-yield fixed income ETFs.
- Provides diversified exposure to high-yield bonds.
- Leverages Manulife’s global credit research and portfolio management expertise.
- Aims to deliver consistent income with risk mitigation.
- Actively manages credit, interest rate, and liquidity risks.
- Seeks to outperform passive high-yield bond indices.
How Does MHY Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- Employs active security selection and portfolio management to generate returns.
- Utilizes Manulife's global credit research capabilities to identify investment opportunities.
What Industry Does MHY Operate In?
Man Active High Yield ETF (MHY) operates within the asset management industry, specifically focusing on high-yield fixed income. The industry is characterized by increasing demand for specialized investment strategies and active management to navigate complex market conditions. The competitive landscape includes both passive and active high-yield bond ETFs, with MHY differentiating itself through Manulife's expertise in global credit research. The growth of the high-yield market is influenced by factors such as interest rates, credit spreads, and overall economic conditions. MHY's success depends on its ability to generate competitive returns and effectively manage risks within this dynamic environment.
Who Are MHY's Key Customers?
- Retail investors seeking income from high-yield bonds.
- Financial advisors looking for actively managed fixed income solutions.
- Institutional investors seeking diversified exposure to high-yield assets.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MHY Financials
Bull Case vs Bear Case
Bull Case
- Active management approach allows for flexibility in security selection.
- Leverages Manulife's global credit research expertise.
- Focus on consistent income generation.
- Lower volatility compared to the broader market (beta of 0.55).
Bear Case
- Smaller market capitalization ($0.02 billion) compared to larger competitors.
- Higher expense ratio compared to passively managed ETFs.
- Performance dependent on the effectiveness of active management strategies.
- Potential: Credit risk associated with high-yield bonds, leading to potential defaults.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
MHY Latest News
No recent news available for MHY.
MHY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for MHY.
Price Targets
Wall Street price target analysis for MHY.
MHY MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for MHY; grades run from A+ (80-100) to F (below 30).
Leadership: Michael Scott
CEO
Michael Scott is the CEO of Man ETF Series Trust. He has over 20 years of experience in the financial services industry, with a focus on fixed income and asset management. Prior to joining Manulife, Michael held leadership positions at several leading investment firms, where he was responsible for managing large fixed income portfolios and developing investment strategies. He holds an MBA from Harvard Business School and a CFA charter.
Track Record: Under Michael Scott's leadership, Man ETF Series Trust has launched several successful high-yield ETF products and expanded its distribution channels. He has overseen the implementation of advanced credit analysis tools and risk management strategies, contributing to the fund's consistent performance. Key milestones include increasing assets under management and improving risk-adjusted returns.
MHY Financials Stock FAQ
What are the main risks for MHY?
The main risks for Man Active High Yield ETF (MHY) include credit risk, interest rate risk, and liquidity risk. Credit risk refers to the possibility that issuers of high-yield bonds may default on their obligations.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Financial data based on limited information.