BYLD

iShares Yield Optimized Bond ETF

$22.78
+0.00%
Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The iShares Yield Optimized Bond ETF (BYLD) seeks to provide current income by investing in a diversified portfolio of fixed income securities.

Overview

ETF tracking iShares Yield Optimized Bond ETF

Issuer BlackRock
Inception Date 2014-04-24
Market Cap $272.2M
Average Volume N/A
Dividend Yield 4.43%
52-Week Range $21.80 - $23.08
VWAP $22.79

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares Yield Optimized Bond ETF (BYLD) seeks to provide current income by investing in a diversified portfolio of fixed income securities.

🎯 Investment Strategy

BYLD invests in a broad range of U.S. dollar-denominated investment-grade and high-yield corporate bonds, government bonds, and other fixed income instruments. The fund's portfolio is actively managed to optimize yield while managing risk.

✨ Key Features

  • Broad exposure to the U.S. fixed income market across various sectors and credit qualities
  • Actively managed strategy aims to generate higher yield than a passive index fund
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Interest rate risk: Bond prices may decline as interest rates rise
  • Credit risk: The risk of default or downgrade by bond issuers
  • Liquidity risk: Difficulty buying or selling shares in the secondary market
  • Concentration risk: Potential overexposure to certain sectors or issuers

👤 Best For

BYLD may be suitable for investors seeking current income and diversification within their fixed income allocation. However, the fund's limited track record means it may be more appropriate for experienced investors willing to conduct additional research.