iShares Yield Optimized Bond ETF

Frequently Asked Questions About BYLD

What does BYLD invest in?

The iShares Yield Optimized Bond ETF endeavors to replicate the investment performance of a specific index. This benchmark is composed of several underlying bond funds, all of which are designed to collectively generate ongoing income.

What is the expense ratio of BYLD?

iShares Yield Optimized Bond ETF (BYLD) charges an expense ratio of 0.41%. This is the annual fee deducted from fund assets to cover management and operations.

What is BYLD's dividend yield?

BYLD's trailing-twelve-month yield is 5.87%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BYLD?

Effective duration measures BYLD's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BYLD's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of BYLD?

BYLD's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of BYLD?

Yield to maturity (YTM) is the total return you'd earn from BYLD if every bond in the portfolio is held to maturity at the current price. BYLD's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.