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$18.58 billion
Average Daily Volume$23.89 million
Discount/Premium-0.02%
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, February 3rd. Investors of record on Tuesday, February 4th will be paid a dividend of $0.3658 per share on Friday, February 7th. This represents a $4.39 dividend on an annualized basis and a dividend yield of 4.97%. The ex-dividend date of this dividend is Monday, February 3rd. This is a boost from iShares iBoxx $ High Yield Corporate Bond ETF's previous monthly dividend of $0.31. View iShares iBoxx $ High Yield Corporate Bond ETF's Dividend History.
Has iShares iBoxx $ High Yield Corporate Bond ETF been receiving favorable news coverage?
News stories about HYG stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. iShares iBoxx $ High Yield Corporate Bond ETF earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news articles about the exchange traded fund a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the stock'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 American Family Insurance Mutual Holding Co (1.64%), Assetmark Inc. (1.38%), Schroder Investment Management Group (0.54%), US Bancorp DE (0.38%), Bank of New York Mellon Corp (0.36%) and Banco Bilbao Vizcaya Argentaria S.A. (0.36%).
Which institutional 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 SG Americas Securities LLC, Toronto Dominion Bank, Turim 21 Investimentos Ltda., Pinebridge Investments L.P., TIAA FSB, Meeder Asset Management Inc., Ramsey Quantitative Systems and Sage Advisory Services Ltd.Co..
Which institutional investors are buying iShares iBoxx $ High Yield Corporate Bond ETF stock?
HYG stock was purchased by a variety of institutional investors in the last quarter, including American Family Insurance Mutual Holding Co, Banco Bilbao Vizcaya Argentaria S.A., Bank of New York Mellon Corp, First Quadrant L P CA, US Bancorp DE, Assetmark Inc., Mitsubishi UFJ Trust & Banking Corp and Park Avenue Securities LLC.
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, Robinhood, 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 $88.32.
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.
