Morningstar

iShares iBoxx $ High Yield Corporate Bond ETF HYG

Morningstar Medalist Rating
Medalist Rating as of | See iShares Investment Hub

Morningstar’s Analysis HYG

Will HYG outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HYG’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HYG management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HYG’s parent organization’s priorities and whether they’re in line with investors’ interests.

Indexing high-yield bonds is difficult.

Senior Associate Analyst Brendan McCann

Brendan McCann

Senior Associate Analyst

Summary

IShares iBoxx $ High Yield Corporate Bond ETF targets some of the largest high-yield corporate bonds and misses out on some of the opportunities that active managers are in a better position to exploit.

by Brendan McCann
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Portfolio Holdings HYG

More HYG Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 3.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Cash Funds Treasury SL Agency

0.86 150M
Cash and Equivalents

1261229 Bc Ltd. 10%

0.57 99M
Corporate

Meridian Arc Holdco LLC 6.25%

0.45 78M
Corporate

EchoStar Corp. 10.75%

0.40 70M
Corporate

Quikrete Holdings Inc 6.375%

0.36 62M
Corporate

Prior Rno Property Owner 1 LLC 6.5%

0.33 57M
Corporate

Tibco Software Inc 6.5%

0.32 55M
Corporate

Cloud Software Group Inc. 9%

0.31 54M
Corporate

Softbank Group Corp 144a

0.30 53M
Corporate

Centene Corp. 4.625%

0.30 53M
Corporate

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