USHY

iShares Broad USD High Yield Corporate Bond ETF

$37.27
+0.00%
Market closed. Last update: 12:29 PM 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 $25.3B
Average Volume N/A
Dividend Yield 5.66%
52-Week Range $35.30 - $37.85
VWAP $37.29

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.

Top Holdings

Rank Ticker Name Weight Sector
1 ECHOSTAR CORP 0.43% Corporates
2 BLK CSH FND TREASURY SL AGENCY 0.35% Cash and/or Derivatives
3 1261229 BC LTD 144A 0.35% Corporates
4 MEDLINE BORROWER LP 144A 0.30% Corporates
5 QUIKRETE HOLDINGS INC 144A 0.29% Corporates
6 CLOUD SOFTWARE GROUP INC 144A 0.28% Corporates
7 CLOUD SOFTWARE GROUP INC 144A 0.27% Corporates
8 HUB INTERNATIONAL LTD 144A 0.25% Corporates
9 WARNERMEDIA HOLDINGS INC 0.23% Corporates
10 DISH NETWORK CORP 144A 0.23% Corporates
11 VENTURE GLOBAL LNG INC 144A 0.23% Corporates
12 CCO HOLDINGS LLC 144A 0.23% Corporates
13 PANTHER ESCROW ISSUER LLC 144A 0.22% Corporates
14 AADVANTAGE LOYALTY IP LTD 144A 0.21% Corporates
15 EMRLD BORROWER LP 144A 0.21% Corporates