USHY – iShares Broad USD High Yield Corp Bd ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the investment results of the ICE BofA U.S. High Yield Constrained Index. The fund will invest at least 80% of its assets in the component securities of the underlying index and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. The underlying index is designed to provide a broad representation of the U.S. dollar-denominated high yield corporate bond market.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
USHY	iShares Broad USD High Yield Corporate Bond ETF	ETF	Open			Oct 25, 2017	$25.72B	0.080%	—	—	$808.97M

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