iShares iBoxx $ High Yield Corporate Bond ETF (the Fund), formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules-based index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies. The components of the Index, and the degree to which these components represent certain industries. The Fund generally invests at least 90% of its assets in the securities of the Index and in investments that provide substantially similar exposure to the securities in the Index. The Fund's investment adviser is BlackRock Fund Advisors.
Basic Details
Issuer iShares
Fund NameiShares iBoxx $ High Yield Corporate Bond ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:HYG
Inception Date4/4/2007
Fund ManagerJames Mauro, Scott Radell
Phone+1-415-5972000
Fund Focus
Asset ClassFixed Income
BenchmarkiBoxx $ Liquid High Yield Index
CategoryCorporate
FocusHigh Yield
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$17.16 billion
Average Daily Volume$21.90 million
Discount/Premium0.26%
ETF Expenses
Management Fee0.49%
Other Expenses0.00%
Total Expenses0.49%
Fee Waiver0.00%
Net Expenses0.49%
Administrator, Advisor and Custodian
AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerJane Street
iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Frequently Asked Questions
What is iShares iBoxx $ High Yield Corporate Bond ETF's stock symbol?
iShares iBoxx $ High Yield Corporate Bond ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "HYG."
How often does iShares iBoxx $ High Yield Corporate Bond ETF pay dividends? What is the dividend yield for iShares iBoxx $ High Yield Corporate Bond ETF?
iShares iBoxx $ High Yield Corporate Bond ETF announced a monthly dividend on Monday, June 3rd. Stockholders of record on Tuesday, June 4th will be paid a dividend of $0.3859 per share on Friday, June 7th. This represents a $4.63 annualized dividend and a dividend yield of 5.35%. The ex-dividend date of this dividend is Monday, June 3rd. This is a positive change from iShares iBoxx $ High Yield Corporate Bond ETF's previous monthly dividend of $0.37. View iShares iBoxx $ High Yield Corporate Bond ETF's Dividend History.
Has iShares iBoxx $ High Yield Corporate Bond ETF been receiving favorable news coverage?
Media headlines about HYG stock have trended positive on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. iShares iBoxx $ High Yield Corporate Bond ETF earned a news impact score of 2.5 on InfoTrie's scale. They also gave press coverage about the exchange traded fund a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for iShares iBoxx $ High Yield Corporate Bond ETF.
What other stocks do shareholders of iShares iBoxx $ High Yield Corporate Bond ETF own?
Who are iShares iBoxx $ High Yield Corporate Bond ETF's major shareholders?
iShares iBoxx $ High Yield Corporate Bond ETF's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include SG Americas Securities LLC (2.00%), Fisher Asset Management LLC (1.28%), Varma Mutual Pension Insurance Co (0.75%), United Services Automobile Association (0.66%), United Capital Financial Advisers LLC (0.61%) and Assetmark Inc. (0.42%).
Which major investors are selling iShares iBoxx $ High Yield Corporate Bond ETF stock?
HYG stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, United Services Automobile Association, Toronto Dominion Bank, Assetmark Inc., FDx Advisors Inc., California Public Employees Retirement System, Nationwide Fund Advisors and Tortoise Capital Advisors L.L.C..
Which major investors are buying iShares iBoxx $ High Yield Corporate Bond ETF stock?
HYG stock was acquired by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Varma Mutual Pension Insurance Co, Schroder Investment Management Group, Freestate Advisors LLC, United Capital Financial Advisers LLC, Sage Advisory Services Ltd.Co., Bank of New York Mellon Corp and Ramsey Quantitative Systems.
How do I buy shares of iShares iBoxx $ High Yield Corporate Bond ETF?
Shares of HYG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is iShares iBoxx $ High Yield Corporate Bond ETF's stock price today?
One share of HYG stock can currently be purchased for approximately $86.55.
How big of a company is iShares iBoxx $ High Yield Corporate Bond ETF?
What is iShares iBoxx $ High Yield Corporate Bond ETF's official website?
How can I contact iShares iBoxx $ High Yield Corporate Bond ETF?
iShares iBoxx $ High Yield Corporate Bond ETF's mailing address is c/o State Street Bank and Trust Company 200 Clarendon Street, BOSTON, MA 02116, United States. The exchange traded fund can be reached via phone at +1-415-5972000.
MarketBeat Community Rating for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA HYG)
MarketBeat's community ratings are surveys of what our community members think about iShares iBoxx $ High Yield Corporate Bond ETF and other stocks. Vote "Outperform" if you believe HYG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HYG will underperform the S&P 500 over the long term. You may vote once every thirty days.
