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iShares $ High Yld Corp Bd ETF USD Acc IHYA

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

Morningstar’s Analysis IHYA

Will IHYA 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 IHYA’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the IHYA 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 IHYA’s parent organization’s priorities and whether they’re in line with investors’ interests.

Low costs are a key plus, but active managers can have an edge in this bond market.

Associate Director Jose Garcia-Zarate

Jose Garcia-Zarate

Associate Director

Summary

Passive funds are useful instruments to quickly lock in positions in the high-yield bond market. The fee advantage relative to active peers, which in the European fund market is quite sizable, is the key positive factor in their favor. However, this remains an asset class where experienced active managers can add value over a standard index-tracking strategy.

by Jose Garcia-Zarate
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Portfolio Holdings IHYA

More IHYA Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock ICS USD LiqEnvtlyAwr Agcy Inc

3.16 184.5 Mil
—

TransDigm, Inc. 5.5%

1.39 81.1 Mil
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5%

1.28 75.0 Mil
Corporate

Western Digital Corp. 4.75%

1.20 70.0 Mil
Corporate

Teva Pharmaceutical Finance Netherlands III B.V. 3.15%

1.18 69.1 Mil
Corporate

Newell Brands Inc. 5.7%

1.07 62.4 Mil
Corporate

Vodafone Group PLC 7%

1.07 62.4 Mil
Corporate

United Rentals (North America), Inc. 4.88%

0.80 46.9 Mil
Corporate

FirstEnergy Corp. 4.15%

0.75 43.8 Mil
Corporate

SBA Communications Corp. 3.13%

0.75 43.6 Mil
Corporate