iShares $ High Yield Corp Bond UCITS ETF USD (Acc)
ETF
ISIN IE00BYXYYL56 / Valor 36330447
NAV (2024-12-31)
USD 6.73+0.10%
iShares $ High Yield Corp Bond UCITS ETF USD (Acc)
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General Objective
The fund seeks to track the performance of an index composed of US Dollar denominated high yield corporate bonds, providing investors with diversified exposure to sub investment grade rated bonds, direct investment in sub investment grade corporate bonds across sectors, and global high yield bond exposure.
Fund Exposure
The fund is primarily exposed to fixed income asset class, specifically high yield corporate bonds denominated in US Dollars. The portfolio breakdown includes investments in sectors such as industrials, utilities, and financial companies, with an average weighted maturity of 3.92 years and an effective duration of 3.15 years.
Risks
Investors should be aware of the risks associated with this fund, including changes to interest rates, credit risk, and issuer defaults that can significantly impact the performance of fixed income securities. Non-investment grade fixed income securities are more sensitive to these risks, and potential or actual credit rating downgrades may increase the level of risk. Additionally, counterparty risk, credit risk, and liquidity risk are factors that investors should consider before investing in this fund.