Name of ETF: iShares Interest Rate Hedged High Yield Bond ETF
Benchmark Index: iBoxx USD Liquid High Yield Interest Rate Hedged Index
Ticker Symbol: HYGH
Types of Bonds Included in this ETF: High-yield corporate bonds. These bonds are also sometimes referred to as junk bonds as they are below investment grade. The majority of these bonds have maturity dates between three and ten years.
Key Points:
- The bonds are hedged against rising interest rates through the shorting of short-term treasury futures.
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