BYLDiShares Yield Optimized Bond ETF
BYLD Fund Description
BYLD is a fund-of-funds that tracks a broad index of debt securities optimized for yield and mean variance.
BYLD Factset Analytics Insight
BYLD is a fund-of-funds that uses iShares' existing bond ETFs as building blocks, optimized for yield, and limiting risks. Using a proprietary methodology, the fund selects funds that are perceived to have consistently demonstrated high risk-adjusted income. The fund is passively managed and allocates to five US broad fixed-income sectors: government and government-related (10-50%), securitized (10-50%), investment-grade credit (10-50%), high-yield credit (0-20%), and emerging market debt (0-10%). Each sector has its own return and risk profile that, when combined, equals to 100%. Securities are weighted according to Morningstar’s variant of the mean-variance optimization equation, which is based on the return, standard deviation, correlation, and yield of the securities. The Underlying Index is rebalanced and reconstituted quarterly.
BYLD MSCI ESG Analytics Insight
iShares Yield Optimized Bond ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.38 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares Yield Optimized Bond ETF ranks in the 31st percentile within its peer group and in the 29th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
BYLD Summary Data
BYLD Portfolio Data
BYLD Index Data
BYLD Portfolio Management
BYLD Tax Exposures
BYLD Fund Structure
BYLD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BYLD. BYLD is rated a 5 out of 5.