HYDB

iShares High Yield Systematic Bond ETF

$47.15
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The iShares High Yield Systematic Bond ETF (HYDB) seeks to provide exposure to a diversified portfolio of high-yield corporate bonds with the goal of generating current income.

Overview

ETF tracking iShares High Yield Systematic Bond ETF

Issuer BlackRock
Inception Date 2017-07-13
Market Cap $1.6B
Average Volume N/A
Dividend Yield 5.93%
52-Week Range $44.64 - $47.97
VWAP $47.15

Performance

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Investment Summary

📎 Investment Objective

The iShares High Yield Systematic Bond ETF (HYDB) seeks to provide exposure to a diversified portfolio of high-yield corporate bonds with the goal of generating current income.

🎯 Investment Strategy

HYDB tracks the Bloomberg Barclays US High Yield Systematic Bond Index, which is designed to provide broad exposure to the high-yield corporate bond market. The fund uses a systematic, rules-based approach to select and weight the underlying bonds.

✨ Key Features

  • Broad exposure to the high-yield corporate bond market
  • Systematic, rules-based index methodology
  • Potential for higher income compared to investment-grade bonds
  • Diversified portfolio of high-yield corporate bonds

⚠️ Primary Risks

  • High-yield bonds are subject to greater credit and default risk than investment-grade bonds
  • Increased interest rate risk as high-yield bonds are more sensitive to changes in interest rates
  • Liquidity risk as high-yield bonds may be less liquid than investment-grade bonds
  • Potential for higher volatility compared to investment-grade bond funds

👤 Best For

HYDB may be suitable for investors seeking higher income potential and willing to accept the increased risks associated with high-yield corporate bonds. Investors should have a medium to long-term investment horizon and be comfortable with the volatility inherent in the high-yield bond market.