HYGH
iShares Interest Rate Hedged High Yield Bond ETFHYGH 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.
HYGH CHARTS AND PERFORMANCE
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
HYGH Top 10 Countries [View All]
HYGH Top 10 Sectors
HYGH Top 10 Holdings
HYGH Summary Data
HYGH Portfolio Data
HYGH Index Data
HYGH Portfolio Management
HYGH Tax Exposures
HYGH Fund Structure
HYGH Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HYGH. HYGH is rated a 5 out of 5.
HYGH Tradability
HYGH Sector/Industry Breakdown
HYGH
HYGH Top 5 Countries
HYGH
HYGH Top 5 Currencies
HYGH
HYGH Economic Development
HYGH
HYGH Performance Statistics
HYGH HOLDINGS STATISTICS
HYGH
HYGH MATURITY DISTRIBUTION
HYGH
HYGH CREDIT BREAKDOWN
HYGH
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use