HYGH

iShares Interest Rate Hedged High Yield Bond ETF
C

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

HYGH Fund Description

The iShares Interest Rate Hedged High Yield Bond ETF is an actively managed fund-of-funds that targets USD-denominated corporate high-yield bonds while mitigating interest-rate risk.

HYGH Factset Analytics Insight

HYGH—an actively managed fund-of-funds—primarily takes a long position in HYG (an iShares corporate high-yield ETF) and shorts Treasury futures to achieve a net-zero portfolio duration. The strategy is designed to capture the credit spread while minimizing interest-rate risk. Daily trading volume in HYGH is light although spreads are reasonable. The underlying ETF and Treasury futures are extremely liquid, so institutional investors may find the fund attractive. In addition to being a tool to capture the credit spread, HYGH may also appeal to existing HYG investors who want to shorten their portfolio duration without significantly altering their underlying credit and liquidity profile. Fees are reasonable for the exposure.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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HYGH Top 10 Countries View All

HYGH Top 10 Sectors

HYGH Top 10 Holdings

HYGH Summary Data

BlackRock
iShares
05/27/14
Open-Ended Fund
0.54%
$196.71M
$3.04M
0.03%

HYGH Portfolio Data

--
--
5.64%
02/02/18
1027

HYGH Index Data

No Underlying Index
Market Value
Market Value
Barclays U.S. Corporate High Yield Index

Related ETFs to HYGH

HYLD, JPHY, HYHG, HYIH, HYG
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

HYGH Portfolio Management

0.54%
--
--
--

HYGH Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

HYGH Fund Structure

Open-Ended Fund
Yes
No
80% / 20%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
10:17:1391.66200
10:16:2191.72200
10:16:0291.72100
10:15:2391.69100
10:15:2391.74100
10:10:3291.67200
10:10:3291.68100
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Bats BZX Real-time Quote - 23:59:59
Daily Spread
Premium/Discount
Volume

HYGH Factset Analytics Block Liquidity

As of 01/12/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HYGH. HYGH is rated a 4 out of 5.

HYGH Tradability

33,226
$3.04M
2,623
$238.17K
0.03%
$0.03
-0.01%
0.30% / -0.17%
None
100.00%
50,000
0.05
0.00%
0.46%
--
$91.76
4

HYGH Sector/Industry Breakdown

HYGHSegment Benchmark
88.25% 86.45%
2.71% 3.32%
0.00% 1.72%
0.00% 0.10%

HYGH Top 5 Countries

73.35% 73.64%
4.42% 5.10%
5.54% 4.99%
3.68% 4.91%
2.27% 1.87%

HYGH Top 5 Currencies

100.00% 100.00%
98.75% 98.96%
1.23% 1.02%

HYGH Performance Statistics

0.56
0.86
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--
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HYGH Holdings Statistics

HYGH Maturity Distribution

0.45% 0.80%
13.10% 11.11%
26.48% 25.14%
29.22% 32.08%
24.03% 27.62%
6.73% 1.71%

HYGH Credit Breakdown

0.00% 0.00%
0.00% 0.00%
0.05% 0.00%
0.16% 1.32%
44.99% 48.42%
38.38% 36.54%
14.44% 10.54%
1.46% 1.58%
0.16% 0.05%