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Morningstar

iShares iBoxx $ High Yield Corp Bd ETF HYG

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

Morningstar’s Analysis HYG

Will HYG outperform in 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.

Analyst Lan Anh Tran

Lan Anh Tran

Analyst

Summary

IShares iBoxx $ High Yield Corporate Bond ETF provides broad exposure to U.S. high-yield corporate bonds. But the inherent illiquidity in this market limits its breadth and hampers the advantages of a market-value-weighted portfolio. The fund earns a Morningstar Analyst Rating of Neutral.

by Lan Anh Tran
Rated on Published on

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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

DISH Network Corporation 11.75%

0.50 71.5 Mil
Corporate

BlackRock Cash Funds Treasury SL Agency

0.49 70.5 Mil
Cash and Equivalents

Medline Borrower LP 3.88%

0.40 57.9 Mil
Corporate

Tibco Software Inc 6.5%

0.39 55.5 Mil
Corporate

Cloud Software Group Inc. 9%

0.37 53.6 Mil
Corporate

Directv Financing LLC/Directv Financing Co-Obligor Inc. 5.88%

0.36 51.8 Mil
Corporate

Venture Global LNG Inc. 9.5%

0.34 49.4 Mil
Corporate

HUB International Ltd. 7.25%

0.34 48.9 Mil
Corporate

Teva Pharmaceutical Finance Netherlands III B.V. 3.15%

0.33 47.0 Mil
Corporate

Mauser Packaging Solutions Holding Co. 7.88%

0.31 45.3 Mil
Corporate