HYDB - iShares Edge High Yield Defensive Bond ETF
| Assets | $115.63M |
| NAV | $51.39 |
| Expense Ratio | 0.35% |
| PE Ratio | n/a |
| Beta (5Y) | 0.41 |
| Dividend (ttm) | $2.92 |
| Dividend Yield | 5.68% |
| Ex-Dividend Date | Apr 1, 2021 |
| 1-Year Return | - |
| Trading Day | April 20 |
| Last Price | $51.46 |
| Previous Close | $51.51 |
| Change ($) | -0.05 |
| Change (%) | -0.10% |
| Day's Open | 51.51 |
| Day's Range | 51.42 - 51.54 |
| Day's Volume | 11,249 |
| 52-Week Range | 42.11 - 51.67 |
Fund Description
The investment seeks to track the investment results of the BlackRock High Yield Defensive Bond Index. The fund will invest at least 80% of its assets in the component securities of the underlying index and may invest up to 20% of its assets in certain index futures, options, options on index futures, swap contracts or other derivatives. The index consists of U.S. dollar-denominated, high yield corporate bonds. Component securities include publicly-issued debt of U.S. corporations and U.S. dollar-denominated, publicly issued debt of non-U.S. corporations or similar entities.
| Asset Class Fixed Income | Sector Income |
| Region North America | Inception Date Jul 11, 2017 |
| Exchange BATS | Ticker Symbol HYDB |
| Index Tracked BlackRock High Yield Defensive Bond Index | |
Top 10 Holdings
12.26% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Cash Funds Treasury SL Agency | XTSLA | 4.25% |
| Sasol Financing USA LLC 5.88% | n/a | 1.07% |
| Ford Motor Company 9.63% | n/a | 0.95% |
| Occidental Petroleum Corporation 5.55% | OXY 5.55 03/15/26 | 0.94% |
| Brookfield Property Reit Inc/Bpr Cumulus Llc/Bpr Nimbus Llc/Ggsi Sellco Llc | n/a | 0.91% |
| Ford Motor Company 9% | F 9 04/22/25 | 0.88% |
| TransDigm, Inc. 6.25% | n/a | 0.82% |
| CommScope Holdings Co Inc 5.5% | n/a | 0.82% |
| T-Mobile US, Inc. 7.63% | n/a | 0.81% |
| Lumen Technologies Inc 8% | n/a | 0.81% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 1, 2021 | $0.204483 | Apr 8, 2021 |
| Mar 1, 2021 | $0.221217 | Mar 5, 2021 |
| Feb 1, 2021 | $0.245 | Feb 5, 2021 |
| Dec 17, 2020 | $0.285208 | Dec 23, 2020 |
| Dec 1, 2020 | $0.2549 | Dec 7, 2020 |
| Nov 2, 2020 | $0.258843 | Nov 6, 2020 |
High-yield, low visibility: Strategies for trading bond ETFs as rates rise
Stephen Laipply of BlackRock iShares, Isaac Braley of BTS Asset Management and John Davi of Astoria Portfolio Advisors talk their strategies for high-yield investments as interest rates rise. With CNBC'...
High-yield bond funds still look attractive, says Stephen BlackRock's Laipply
CNBC's Bob Pisani discusses managing high yield bond ETFs as interest rates rise with Steve Laipply of BlackRock iShares and Isaac Braley of BTS Management.
Many investors are looking for high-yield funds to put their money into. And these three names are a great start for their cash flows.