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Trending ETFs

iShares Interest Rate Hedged High Yield Bond ETF

Active ETF
HYGH
Dividend policy
Active
Price as of:
$86.5 +0.02 +0.02%
primary theme
High Yield Bond
HYGH (ETF)

iShares Interest Rate Hedged High Yield Bond ETF

Dividend policy
Active
Price as of:
$86.5 +0.02 +0.02%
primary theme
High Yield Bond
HYGH (ETF)

iShares Interest Rate Hedged High Yield Bond ETF

Dividend policy
Active
Price as of:
$86.5 +0.02 +0.02%
primary theme
High Yield Bond

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$86.50

$136 M

3.66%

$3.16

0.52%

Vitals

YTD Return

0.2%

1 yr return

9.7%

3 Yr Avg Return

3.7%

5 Yr Avg Return

5.0%

Net Assets

$136 M

Holdings in Top 10

5.1%

52 WEEK LOW AND HIGH

$86.9
$85.70
$88.48

Expenses

OPERATING FEES

Expense Ratio 0.52%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 1.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

High Yield Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$86.50

$136 M

3.66%

$3.16

0.52%

HYGH - Profile

Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return 3.7%
  • 5 Yr Annualized Total Return 5.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.12%
DIVIDENDS
  • Dividend Yield 3.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    iShares Interest Rate Hedged High Yield Bond ETF
  • Fund Family Name
    iShares
  • Inception Date
    May 27, 2014
  • Shares Outstanding
    1550000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Mauro

Fund Description

The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. dollar-denominated high yield bonds, in one or more underlying funds that principally invest in high yield bonds and in U.S. Treasury securities. It may also invest in other interest rate futures contracts, including but not limited to, Eurodollar and Federal Funds futures.


HYGH - Performance

Return Ranking - Trailing

Period HYGH Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -69.1% 10.5% 18.34%
1 Yr 9.7% -16.2% 44.9% 53.78%
3 Yr 3.7%* -10.0% 17.4% 94.63%
5 Yr 5.0%* -5.0% 13.4% 71.72%
10 Yr N/A* 1.9% 11.1% N/A

* Annualized

Return Ranking - Calendar

Period HYGH Return Category Return Low Category Return High Rank in Category (%)
2020 -3.6% -75.1% 399.1% 88.07%
2019 5.7% -56.9% 226.1% 72.92%
2018 -6.7% -61.3% -0.4% 17.00%
2017 1.4% -49.0% 18.8% 38.63%
2016 7.9% -25.2% 28.6% 42.45%

Total Return Ranking - Trailing

Period HYGH Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -69.1% 10.5% 18.60%
1 Yr 9.7% -18.7% 52.4% 46.48%
3 Yr 3.7%* -10.0% 16.3% 91.88%
5 Yr 5.0%* -5.0% 12.7% 63.90%
10 Yr N/A* 1.9% 11.1% N/A

* Annualized

Total Return Ranking - Calendar

Period HYGH Return Category Return Low Category Return High Rank in Category (%)
2020 -3.6% -75.1% 399.1% 88.07%
2019 5.7% -56.9% 23.9% 73.78%
2018 -6.7% -61.3% 0.9% 30.50%
2017 1.4% -49.0% 18.8% 52.17%
2016 7.9% -25.2% 39.0% 52.88%

HYGH - Holdings

Concentration Analysis

HYGH Category Low Category High HYGH % Rank
Net Assets 136 M 3.07 M 29.7 B 77.37%
Number of Holdings 1359 1 2599 3.23%
Net Assets in Top 10 6.71 M -557 M 3.74 B 81.89%
Weighting of Top 10 5.07% 2.6% 100.0% 97.50%

Top 10 Holdings

  1. ALTICE FRANCE S.A 7.38% 0.47%
  2. T-Mobile US, Inc. 7.88% 0.39%
  3. TransDigm, Inc. 6.25% 0.36%
  4. Tenet Healthcare Corporation 8.13% 0.34%
  5. CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75% 0.32%
  6. Centene Corporation 4.63% 0.31%
  7. Ford Motor Company 9% 0.30%
  8. AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.5% 0.30%
  9. Caesars Entertainment Inc New 6.25% 0.30%
  10. Bausch Health Companies Inc 6.13% 0.28%

Asset Allocation

Weighting Return Low Return High HYGH % Rank
Bonds
97.59% 0.00% 149.08% 18.24%
Convertible Bonds
1.40% 0.00% 44.61% 45.91%
Cash
0.95% -45.82% 100.00% 73.82%
Preferred Stocks
0.06% 0.00% 13.89% 45.91%
Stocks
0.00% -1.62% 41.23% 94.91%
Other
0.00% -53.57% 32.06% 83.13%

Bond Sector Breakdown

Weighting Return Low Return High HYGH % Rank
Corporate
96.08% 0.00% 100.00% 37.76%
Cash & Equivalents
3.92% 0.00% 100.00% 43.11%
Derivative
0.00% 0.00% 43.49% 87.08%
Securitized
0.00% 0.00% 94.78% 89.81%
Municipal
0.00% 0.00% 11.89% 84.10%
Government
0.00% 0.00% 99.86% 87.45%

Bond Geographic Breakdown

Weighting Return Low Return High HYGH % Rank
US
85.11% -131.66% 137.02% 20.60%
Non US
12.48% 0.00% 133.67% 50.50%

HYGH - Expenses

Operational Fees

HYGH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.52% 0.03% 4.79% 82.59%
Management Fee 0.65% 0.00% 1.84% 78.86%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

HYGH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.00% 5.50% N/A

Trading Fees

HYGH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HYGH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 1.00% 0.00% 347.00% 0.28%

HYGH - Distributions

Dividend Yield Analysis

HYGH Category Low Category High HYGH % Rank
Dividend Yield 3.66% 0.00% 34.04% 82.68%

Dividend Distribution Analysis

HYGH Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

HYGH Category Low Category High HYGH % Rank
Net Income Ratio 5.12% -2.39% 10.53% 36.03%

Capital Gain Distribution Analysis

HYGH Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Monthly Semi-Monthly

Dividend Payout History

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HYGH - Fund Manager Analysis

Managers

James Mauro


Start Date

Tenure

Tenure Rank

May 27, 2014

7.44

7.4%

James Mauro has been employed by BlackRock Fund Advisors and BlackRock Institutional Trust Company, N.A. (“BTC”) as a portfolio manager since 2011. Prior to joining BTC, Mr. Mauro was a Vice President at State Street Global Advisors. His primary responsibilities include management of all government, inflation linked and derivative strategies. Other responsibilities include hedging and managing risk across all asset classes through futures and option overlays. James joined State Street Corporation in 1993. Previously, he worked as a portfolio manager on the passive team where he co-managed several Bond Index portfolios.

Karen Uyehara


Start Date

Tenure

Tenure Rank

Mar 01, 2021

0.67

0.7%

Ms. Uyehara is a Director of BlackRock, which she joined in 2010. Ms. Uyehara is a portfolio manager and member of BlackRock’s Model-Based Fixed Income Portfolio Management Group. Prior to joining BlackRock, Ms. Uyehara was a portfolio manager at Western Asset Management Company from2002 to 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 37.21 6.86 2.34