USHY

iShares Broad USD High Yield Corporate Bond ETF

$36.68

+0.00%

Market closed. Last update: 3:40 AM ET

📎 Investment Objective

The iShares Broad USD High Yield Corporate Bond ETF (USHY) seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds.

Overview

ETF tracking iShares Broad USD High Yield Corporate Bond ETF

Category High Yield

Issuer BlackRock

Inception Date 2017-10-26

Market Cap $26.6B

Average Volume N/A

Dividend Yield 5.78%

52-Week Range $35.30 - $37.85

VWAP $36.75

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares Broad USD High Yield Corporate Bond ETF (USHY) seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds.

🎯 Investment Strategy

The ETF invests in a broad portfolio of high yield corporate bonds issued by U.S. and foreign companies. It aims to provide exposure to the overall high yield corporate bond market.

✨ Key Features

Broad exposure to the U.S. high yield corporate bond market
Diversified portfolio of high yield bonds from various issuers and sectors
Low expense ratio of 0.00%
Potential for higher income compared to investment grade bonds

⚠️ Primary Risks

Credit risk - High yield bonds have a higher risk of default compared to investment grade bonds
Interest rate risk - Bond prices may decline as interest rates rise
Liquidity risk - High yield bonds may be less liquid than investment grade bonds
Sector concentration risk - The fund may have significant exposure to certain sectors

👤 Best For

This ETF may be suitable for investors seeking exposure to the high yield corporate bond market as part of a diversified fixed income allocation. Investors should have a higher risk tolerance and a longer-term investment horizon to withstand the volatility associated with high yield bonds.