IShares Broad USD High Yield Corporate Bond ETF captures the US high-yield bond market at an attractive price tag, but there are better options. Its straightforward approach doesn’t effectively manage lopsided risks or take advantage of mispriced bonds in the high-yield market.
iShares Broad USD High Yield Corporate Bond ETF USHY
Morningstar’s Analysis USHY
Will USHY outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the USHY 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 USHY’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 3.1
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
BlackRock Cash Funds Treasury SL Agency | 0.77 | 208M | Cash and Equivalents |
1261229 Bc Ltd. 10% | 0.47 | 127M | Corporate |
EchoStar Corp. 10.75% | 0.41 | 112M | Corporate |
Meridian Arc Holdco LLC 6.25% | 0.37 | 102M | Corporate |
Quikrete Holdings Inc 6.375% | 0.28 | 76M | Corporate |
Tibco Software Inc 6.5% | 0.27 | 72M | Corporate |
Cloud Software Group Inc. 9% | 0.26 | 72M | Corporate |
SV RNO Property Owner 1 LLC 5.875% | 0.26 | 71M | Corporate |
Asurion LLC / Asurion Co-Issuer Inc. 8% | 0.25 | 69M | Corporate |
HUB International Ltd. 7.25% | 0.24 | 66M | Corporate |
United States