iShares Interest Rate Hedged High Yield Bond ETF

Frequently Asked Questions About HYGH

What does HYGH invest in?

The iShares Interest Rate Hedged High Yield Bond ETF endeavors to mirror the investment performance of an index. This index is specifically designed to lessen the sensitivity of a portfolio of U.S. dollar-denominated, higher-yielding corporate debt to shifts in interest rates.

What is the expense ratio of HYGH?

iShares Interest Rate Hedged High Yield Bond ETF (HYGH) charges an expense ratio of 1.12%. This is the annual fee deducted from fund assets to cover management and operations.

What is HYGH's dividend yield?

HYGH's trailing-twelve-month yield is 6.54%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of HYGH?

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

What is the credit quality of HYGH?

HYGH'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 HYGH?

Yield to maturity (YTM) is the total return you'd earn from HYGH if every bond in the portfolio is held to maturity at the current price. HYGH'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.