HYGH
iShares Interest Rate Hedged High Yield Bond ETFHYGH Fund Description
HYGH 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
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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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 Performance Statistics
HYGH Holdings Statistics
HYGH Avg Life Maturity Distribution
HYGH OAS Breakdown
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