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FlexShares High Yield Value-Scored Bond Index Fund (HYGV)

NYSEARCA: HYGV · IEX Real-Time Price · USD
49.54 -0.09 (-0.19%)
Oct 22, 2021 4:00 PM EDT - Market closed
Assets$563.53M
NAV$49.65
Expense Ratio0.37%
PE Ration/a
Shares Out11.35M
Dividend (ttm)$2.76
Dividend Yield5.55%
Ex-Dividend DateOct 1, 2021
1-Year Return
-
Volume95,572
Open49.55
Previous Close49.63
Day's Range49.53 - 49.63
52-Week Low43.54
52-Week High50.03
Beta0.49
Holdings881
Inception DateJul 17, 2018

About HYGV

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust High Yield Value-Scored US Corporate Bond IndexSM. The index reflects the performance of a broad universe of U.S.-dollar denominated high yield corporate bonds that seeks a higher total return than the overall high yield corporate bond market, as represented by the Northern Trust High Yield US Corporate Bond IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets (exclusive of collateral held from securities lending) in the securities of its index.

Asset ClassFixed Income
RegionNorth America
IssuerFlexShares
Stock ExchangeNYSEARCA
Ticker SymbolHYGV
Index TrackedNorthern Trust High Yield Value-Scored US Corporate Bond Index

Top 10 Holdings

5.69% of assets
NameSymbolWeight
Altice France S.A 5.125%N/A0.70%
CSC Holdings, LLC 5.75%N/A0.69%
Staples, Inc. 7.5%N/A0.60%
NFP Corp. 6.875%N/A0.57%
Community Health Systems Incorporated 6.875%N/A0.56%
Tenet Healthcare Corporation 6.125%N/A0.54%
TransDigm, Inc. 5.5%N/A0.52%
Cqp Holdco Lp & Bip-V Chinook Holdco L L C 5.5%N/A0.51%
New Fortress Energy Llc 6.5%N/A0.50%
TransDigm, Inc. 6.25%N/A0.49%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Oct 1, 2021$0.197Oct 7, 2021
Sep 1, 2021$0.20669Sep 8, 2021
Aug 2, 2021$0.17852Aug 6, 2021
Jul 1, 2021$0.20484Jul 8, 2021
Jun 1, 2021$0.22276Jun 7, 2021
May 3, 2021$0.22617May 7, 2021
Full Dividend History

News

High Yield Is Less Risky With This Value-Scored Bond ETF

Treasury yields have been moving higher, making fixed income investors wonder whether high yield is a prime option, but it can be with ETFs like the FlexShares High Yield Value-Scored Bond Index Fund (H...

1 week ago - ETF Trends

With Rates on the Move, Get More Yield With HYGV

The Federal Reserve appears more apt to pull the trigger on rising interest rates, which fixed income investors can counter with more yield via the FlexShares High Yield Value-Scored Bond Index Fund (HY...

1 month ago - ETF Trends

Get Value-Added High Yield Exposure With “HYGV”

Getting high yield exposure doesn't mean fixed income investors have to settle for the riskiest debt when you add a value-added strategy to the mix with ETFs such as the FlexShares High Yield Value-Scor...

1 month ago - ETF Trends

Indexed Fixed Income Is Making Inroads in the Bond Space

An active management style gives bond investors a more dynamic solution for their portfolios, but a recent State Street Global Advisors (SSGA) report has pointed to the sustained move toward indexed fun...

2 months ago - ETF Trends

Junk Bond ETFs on a Tear: Here's Why

Per a CNBC article, junk bonds are not so worthless anymore, as corporate earnings have been improving along with economic reopening and vaccine distribution.

Other symbols:ANGLBLHYHYLDPHYL
3 months ago - Zacks Investment Research

A Pair of Options for Fixed Income Investors Seeking More Yield

Even with the threat of rising rates, yields are still low by historical standards. Fixed income investors looking to extract more yield have a pair of options from FlexShares.

Other symbols:RAVI
3 months ago - ETF Trends

Mitigate Risk While Still Getting High Yield With “HYGV”

While high yield debt is an option to consider in the current fixed income environment, some investors may not want the added risk, but an option to consider is the FlexShares High Yield Value-Scored Bo...

3 months ago - ETF Trends

Brisk High-Yield Issuance Is More Help than Hurdle for ‘HYGV'

A spate of fresh high-yield corporate debt supply is coming to market, but that's not weighing on the FlexShares High Yield Value-Scored Bond Index Fund (NYSEArca: HYGV). HYGV's index tracks the perform...

6 months ago - ETF Trends

Junk Bonds Looking Pricey? Turn to the HYGV ETF

High-yield corporate bonds aren't necessarily inexpensive these days, but in a low Treasury yield environment, junk bonds are useful for income investors. One noteworthy quality play the FlexShares High...

6 months ago - ETF Trends

EM Bond Spreads Are Narrowing. The High-Yield ‘HYGV' Is All Ears

An emerging credit spread scenario could highlight opportunity with funds like the FlexShares High Yield Value-Scored Bond Index Fund (NYSEArca: HYGV). HYGV's index reflects the performance of a broad u...

7 months ago - ETF Trends

The Crucial Junk Bond Metric You Haven't Heard Of

Many casual bond investors don't hear much about expected default frequency (EDF), but the current state affairs on that front could be signaling opportunity with exchange traded funds such as the FlexS...

8 months ago - ETF Trends

Don't Ditch Your Junk Bonds: Making a Case for ‘HYGV'

High-yield corporate bonds are off to a solid start in 2021, but data indicate market participants are retreating from the asset class. Investors can calm their nerves with the FlexShares High Yield Val...

8 months ago - ETF Trends

‘HYGV': Grab Inflation Fighting Power from High Yield Bonds

Inflation shouldn't chase income investors from high yield corporate debt. That's particularly true if they embrace quality strategies such as the FlexShares High Yield Value-Scored Bond Index Fund (NYS...

8 months ago - ETF Trends

A Safe, Quality Approach to Junk Bonds: The HYGV ETF

High-yield corporate bonds are off to solid starts in the new year. But that's not license for investors to take on too much risk.

8 months ago - ETF Trends

A High-Yield Bond ETF to Enhance Your Asset Allocation for 2021

As we consider the path to potential recovery, exchange traded fund investors should consider a diversified asset allocation strategy for 2021. In the recent webcast, Turn the Page – Asset Allocation in...

9 months ago - ETF Trends

Junk Bond Yields Are Faltering, But the HYGV ETF Isn't

As if it's not hard enough to source yield this year, yields on junk-rated corporate debt are declining. However, that scenario doesn't dent the case for the FlexShares High Yield Value-Scored Bond Inde...

10 months ago - ETF Trends

Junk Bond Analysis: The Right Choice for Long-Term Investors?

Junk bonds and the related exchange traded funds are usually more volatile than their investment-grade and U.S. government debt counterparts, but with the right strategies, investors can turn that to th...

11 months ago - ETF Trends

Post-Election High-Yield Considerations

There could be post-election implications for high-yield corporate debt, potentially putting exchange traded funds, such as the FlexShares High Yield Value-Scored Bond Index Fund (NYSEArca: HYGV), in th...

1 year ago - ETF Trends

Yahoo Finance: Tom Lydon Talks High Yield Opportunities

Investors may be able to find some real opportunity thanks to potential found a space ready for high yield. ETF Trends CEO Tom Lydon spoke with Yahoo Finance’s Akiko Fujita, during the “ETF Report” to f...

Other symbols:SDOG
1 year ago - ETF Trends

High-Yield Opportunity Awaits With This ETF

With some asset allocators recommending high-yield corporate debt over investment-grade fare, the FlexShares High Yield Value-Scored Bond Index Fund (NYSEArca: HYGV) is an example of an ETF ready for it...

1 year ago - ETF Trends

After a Wild August, Consider This High-Yield ETF

The high-yield bond market was active though not necessarily bad in August, but all that activity can serve to highlight the quality benefits that come along with the FlexShares High Yield Value-Scored ...

1 year ago - ETF Trends

How to Derive Value and Safety from Junk Bonds

With the Federal Reserve backstopping the high-yield corporate bond market, it may be difficult to find a compelling combination of value and yield, but the FlexShares High Yield Value-Scored Bond Index...

1 year ago - ETF Trends

Flood of New Issues Make This Junk Bond ETF Meaningful

There are still more than four months remaining in 2020, but junk bond issuance already toppled previous records and with that spate of new issues, quality is all the more meaningful. That theme could b...

1 year ago - ETF Trends

Rising Yields Are Stifling Gold’s Rally

Market uncertainty may have left the building, which could be taking the steam out of gold’s recent rally higher. As such, with a risk sentiment renewed and reinvigorated, the capital markets saw yields...

Other symbols:HYG
1 year ago - ETF Trends

With Junk Bond Yields Falling, Call on This ETF

With plenty of support from the Federal Reserve, yields on high-yield corporate debt are declining in a big way. However, there’s still an opportunity to be had with the FlexShares High Yield Value-Scor...

1 year ago - ETF Trends