iShares iBoxx $ High Yield Corporate Bond
Investment Strategy
The Fund seeks to track the investment results of the Markit iBoxx® USD Liquid High Yield Index (the “Underlying Index”), which is a rules-based index consisting of U.S. dollar-denominated, high yield (as determined by Markit Indices Limited (the “Index Provider” or “Markit”)) corporate bonds for sale in the U.S. The Underlying Index is designed to provide a broad representation of the U.S. dollar-denominated liquid high yield corporate bond market. The Underlying Index is a modified market-value weighted index with a cap on each issuer of 3%. There is no limit to the number of issues in the Underlying Index. As of February 28, 2025, the Underlying Index included approximately 1,226 constituents. As of February 28, 2025, a significant portion of the Underlying Index is represented by securities of companies in the consumer goods and services industry or sector. The components of the Underlying Index are likely to change over time.
Fees & Expenses
| Net Expense Ratio | 0.49% |
| Management Fee | 0.49% |
| Portfolio Turnover | 14% |
Reported Performance
Average annual returns as reported in the fund's most recent prospectus. Past performance does not guarantee future results.
| 1-Year Return | 7.70% |
| 5-Year Avg Annual | 3.07% |
| 10-Year Avg Annual | 4.05% |
Holdings
Top 10 holdings
| Name | Ticker | Weight | Value |
|---|---|---|---|
| BlackRock Cash Funds: Institutional, SL Agency Shares | 15.84% | $2,652,533,085 | |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 1.24% | $207,610,000 | |
| 1261229 BC Ltd | 0.52% | $87,508,511 | |
| Quikrete Holdings Inc | 0.39% | $64,540,764 | |
| Asurion LLC and Asurion Co-Issuer Inc | 0.35% | $58,404,544 | |
| Cloud Software Group Inc | 0.35% | $57,964,578 | |
| Cloud Software Group Inc | 0.35% | $57,838,227 | |
| DISH Network Corp | 0.34% | $56,617,581 | |
| EchoStar Corp | 0.32% | $53,693,960 | |
| WULF Compute LLC | 0.31% | $51,703,284 |
Country
| Country | Weight |
|---|---|
| United States | 97.3% |
| Canada | 4.3% |
| United Kingdom | 1.8% |
| Other / Supranational | 1.4% |
| Japan | 1.4% |
| Bermuda | 1.3% |
| Netherlands | 1.1% |
| Cayman Islands | 1.1% |
| France | 1.1% |
| Luxembourg | 0.9% |
| Australia | 0.6% |
| JE | 0.5% |
| Ireland | 0.4% |
| Israel | 0.2% |
| Singapore | 0.2% |
| Other | 0.6% |
| Total | 114.4% |
Region
| Region | Weight |
|---|---|
| Americas | 104.2% |
| Europe | 5.9% |
| Asia-Pacific | 2.2% |
| Other | 1.9% |
| Middle East & Africa | 0.2% |
| Total | 114.4% |
Market classification
| Market | Weight |
|---|---|
| Developed | 109.1% |
| Other | 5.4% |
| Total | 114.4% |
Asset class
| Class | Weight |
|---|---|
| Debt | 97.2% |
| Short-term investment | 17.1% |
| Loan | 0.1% |
| Total | 114.4% |
Issuer type
| Type | Weight |
|---|---|
| Corporate | 94.3% |
| Registered fund | 17.1% |
| Unknown | 3.1% |
| Total | 114.4% |
Maturity
| Maturity | Weight |
|---|---|
| Under 1 year | 0.7% |
| 1-3 years | 19.7% |
| 3-5 years | 36.6% |
| 5-10 years | 37.4% |
| Over 10 years | 2.9% |
| No expiry | 17.1% |
| Total | 114.4% |