IShares Broad USD High Yield Corporate Bond ETF captures the majority of the U.S. high-yield bond market at an attractive price tag, but there are better options. Its straightforward indexing approach loses some efficacy here given the highly asymmetrical risk profile and inefficient pricings of junk bonds.
iShares Broad USD High Yield Corp Bd ETF USHY
Morningstar’s Analysis USHY
Will USHY outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 2.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
BlackRock Cash Funds Treasury SL Agency | 0.43 | 46.7 Mil | Cash and Equivalents |
Medline Borrower LP 3.875% | 0.34 | 37.1 Mil | Corporate |
DISH Network Corporation 11.75% | 0.32 | 35.5 Mil | Corporate |
Tibco Software Inc 6.5% | 0.31 | 33.8 Mil | Corporate |
Cloud Software Group Inc. 9% | 0.29 | 32.1 Mil | Corporate |
Directv Financing LLC/Directv Financing Co-Obligor Inc. 5.875% | 0.29 | 31.9 Mil | Corporate |
HUB International Ltd. 7.25% | 0.28 | 30.9 Mil | Corporate |
Venture Global LNG Inc. 9.5% | 0.27 | 29.7 Mil | Corporate |
CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.125% | 0.26 | 28.0 Mil | Corporate |
Mauser Packaging Solutions Holding Co. 7.875% | 0.24 | 26.8 Mil | Corporate |