iShares 0-5 Year High Yield Corporate Bond ETF

Frequently Asked Questions About SHYG

What does SHYG invest in?

The iShares 0-5 Year High Yield Corporate Bond ETF endeavors to replicate the financial performance of an underlying index. This benchmark specifically comprises corporate debt securities issued in U.S. currency, which are classified as high-yield, and possess maturities of under five years.

What is the expense ratio of SHYG?

iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.

What is SHYG's dividend yield?

SHYG's trailing-twelve-month yield is 7.02%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SHYG?

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

What is the credit quality of SHYG?

SHYG'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 SHYG?

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