HYBBiShares BB Rated Corporate Bond ETF

Get income5y track recordRanked #395 of 1,622 in this goal

Seeks to track the investment results of an index composed of BB fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporate issuers.

By iShares · Launched 2020

Annual Cost

0.25%

#1,230 of 5,562 · low cost

Fund Size

$423M

#1,710 of 5,562 · large

Dividend YieldGoal

5.86%

Track Record

5 years

#2,208 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,666+6.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE BofA BB US High Yield Constrained Index

What it actually holds

By weight

Concentration

Top 10 holdings = 14.2% of fund✓ well diversified

BlackRock Funds III

10.3%

BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES

0.6%

QUIKRETE HOLDINGS INC

0.5%

CLOUD SOFTWARE GRP INC

0.5%

MEDLINE BORROWER LP

0.4%

ASURION LLC/ASURION CO

0.4%

WULF COMPUTE LLC

0.4%

VENTURE GLOBAL LNG INC

0.4%

CARNIVAL CORP

0.4%

AMERICAN AIRLINES/AADVAN

0.4%

Asset allocation

Bonds

99.0%

Cash

1.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.3%Low

Year-on-year price swings

Max drawdown

-15.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.85Decent risk-adjusted returns

Sortino (3Y)

1.28Good downside protection

Bond profile

Duration

6.1 years

Avg maturity

9.9 years

Credit ratings

BBB

0.5%

93.0%

6.5%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the investment results of an index composed of BB fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporate issuers.
Strategy: Invests primarily in securities that are part of the ICE BofA BB US High Yield Constrained Index, which includes BB-rated fixed-rate, U.S. dollar-denominated corporate bonds. The Fund uses a representative sampling indexing strategy to manage its portfolio and aims to track the Underlying Index.
Inception date: October 6, 2020
Fund family: iShares