Investment Objective
The investment seeks investment results that correspond generally to the price and yield performance of the Markit iBoxx ® USD Liquid High Yield Index.
The fund generally invests at least 90% of its assets in the securities of the underlying index and in investments that provide substantially similar exposure to the securities in the index. The underlying index is a rules-based index consisting of liquid U.S. dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider. The underlying index is designed to provide a broad representation of the U.S. dollar-denominated liquid high yield corporate bond market.
Latest HYG News
No recent news for iShares iBoxx $ High Yield Corporate Bond ETF.
Performance
| 1 month | +0.69% | | 3 years | +7.83% |
| 3 months | +1.87% | | 5 years | +14.24% |
| 1 year | +5.90% | | Since inception | +6.81% |
Quote Details
| Previous close | $94.23 |
| Open day’s range | 94.10 – 94.25 |
| Net asset value (NAV) | 93.95 (04/17/2014) |
| Daily volume | 2,443,823 |
| Average volume (3 months) | 4,394,007 |
Data as of 3:59pm ET, 04/17/2014
Peer Comparisonvs. High yield bond ETFs
| | HYG | Category |
|---|
| Performance 5-yr return | +14.24% | +15.16% |
| Expense Gross exp ratio | 0.50% | 0.47% |
| Risk 5 year sharpe ratio | 1.71 | 1.65 |
| Net assets | $13.3B | $1.9B |
| Average market cap | -- | $14.0B |
| Average P/E | -- | 15.4 |
| Dividend / Share | -- | 0.24% |
Competitors
| JNK SPDR Barclays High Yield Bond ETF |
| PHB PowerShares Fundamental High Yield Corpo... |
| BSJF Guggenheim BulletShares 2015 High Yield ... |
Holdings
Top 5 Sectors
Portfolio weighting
Top 10 Holdings
Portfolio weighting
| -- Sprint 144A 7.875% | 0.55% |
| -- Sprint Nextel 144A 9% | 0.47% |
| -- Hca 6.5% | 0.45% |
| -- First Data 12.625% | 0.43% |
| -- Reynolds Grp Issuer 5.75% | 0.41% |
| -- Hawk Acquisition Sub 144A 4.25% | 0.39% |
| -- Tenet Healthcare 8.125% | 0.36% |
| -- Sallie Mae 8.45% | 0.35% |
| -- Sprint 144A 7.125% | 0.33% |
| -- First Data 11.75% | 0.33% |
-0.11 / -0.12%
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