TCW High Yield Bond ETF
TCW High Yield Bond ETF (NYSE: HYBX) is an exchange-traded fund listed on the New York Stock Exchange, trading at $28.91 (about ₹2,773 a unit) as of 25 Sep 2026, 3:54 PM ET. It has an expense ratio of 0.5% and holds 259 securities. Indian residents can buy HYBX through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$28.84
Today's high
$29.10
52 week low
$28.84
52 week high
$30.86
HYBX opened at $29.02, closed previously at $29.25, and has traded between $28.84 and $30.86 over the past 52 weeks.
About
The TCW High Yield Bond ETF is engineered to deliver substantial income alongside robust total returns. A key focus is to concurrently minimize credit defaults and market volatility, aiming for levels significantly below those typically observed across the wider high-yield fixed income sector.
Key statistics
Expense ratio
0.5%
Assets (AUM)
$28.3M
Holdings
259
NAV
$29.11
Avg. volume
—
1-year price change
-5.72%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
HYBX holds 259 securities in total. These 10 are 14.1% of the fund.
Where the money is invested
Countries
How to buy HYBX from India
Indian residents can buy HYBX units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search HYBX and buy
Find the fund by its ticker, HYBX, on the New York Stock Exchange, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in HYBX from India
Trading and taxes when buying HYBX from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the HYBX price today?
TCW High Yield Bond ETF (HYBX) last traded at $28.91 on the New York Stock Exchange, as of 25 Sep 2026, 3:54 PM ET. That is ₹2,773 a unit at the 25 Sep 2026 USD/INR rate.
When does HYBX trade, in Indian time?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is HYBX, and what does it cost to hold?
TCW High Yield Bond ETF manages about $28.3M. Its expense ratio is 0.5% a year, deducted inside the fund. It launched in 1989.
What are HYBX's largest holdings?
The top three are TCW CENTRAL CASH FUND TCW CENTRAL CASH FUND INST (4.7%), SSC GOVERNMENT MM GVMXX (1.2%) and 1261229 BC LTD SR SECURED 144A 04/32 10 (1.2%). HYBX's 10 largest positions make up 14.1% of the fund.
Does HYBX pay dividends?
Yes. HYBX is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on HYBX taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of HYBX?
Yes. You can buy HYBX by amount rather than by whole unit, and there is no minimum trade size.
How has HYBX performed?
HYBX's price is down 5.7% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.