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

NYSEARCA: HYGV · IEX Real-Time Price · USD
42.61
-0.14 (-0.32%)
Aug 9, 2022 10:39 AM EDT - Market open
-0.32%
Assets $938.57M
NAV $42.47
Expense Ratio 0.37%
PE Ratio n/a
Shares Out 22.10M
Dividend (ttm) $2.72
Dividend Yield 6.38%
Ex-Dividend Date Aug 1, 2022
1-Year Return -14.17%
Volume 38,567
Open 42.69
Previous Close 42.74
Day's Range 42.57 - 42.69
52-Week Low 39.89
52-Week High 50.23
Beta 0.48
Holdings 972
Inception Date Jul 17, 2018

About HYGV

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 Class Fixed Income
Region North America
Issuer FlexShares
Stock Exchange NYSEARCA
Ticker Symbol HYGV
Index Tracked Northern Trust High Yield Value-Scored US Corporate Bond Index

Top 10 Holdings

5.84% of assets
Name Symbol Weight
INTELSAT JACKSON HLDGS S A INTEL 6.5 03.15.30 144A 1.11%
CASH n/a 0.76%
CONDOR MERGER SUB INC CALLABLE NOTES FIXED 7.375% MCFE 7.375 02.15.30 144A 0.70%
AMERICAN AIRLINES INC/AADVANTAGE LOYALTY IP LTD AAL 5.5 04.20.26 144A 0.55%
MINERVA MERGER SUB INC CALLABLE NOTES FIXED 6.5% ATHENA 6.5 02.15.30 144A 0.52%
DISH DBS CORP CALLABLE NOTES FIXED 7.75% DISH 7.75 07.01.26 0.51%
STAPLES INC CALLABLE NOTES FIXED 7.5% 15/APR/2026 SPLS 7.5 04.15.26 144A 0.43%
FERTITTA ENTERTAINMENT LLC / FERTITTA FRTITA 6.75 01.15.30 144A 0.43%
AMERICAN AIRLINES INC CALLABLE NOTES FIXED 11.75% AAL 11.75 07.15.25 144A 0.42%
TRANSDIGM INC CALLABLE NOTES FIXED 5.5% TDG 5.5 11.15.27 0.41%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Aug 1, 2022 $0.250 Aug 5, 2022
Jul 1, 2022 $0.253 Jul 8, 2022
Jun 1, 2022 $0.2538 Jun 7, 2022
May 2, 2022 $0.22887 May 6, 2022
Apr 1, 2022 $0.23114 Apr 7, 2022
Mar 1, 2022 $0.20854 Mar 7, 2022
Full Dividend History

News

Complement Your High Yield Portfolio With Real Assets

Real assets, particularly infrastructure, are highly complementary to high-yield fixed income investments.  One pairing that works well together is the FlexShares High Yield Value-Score Bond Index Fund ...

Other symbols: NFRA

Investors Allocated to These 4 FlexShares ETFs in June

The top four ETFs in FlexShares' line-up that took in the most new assets in June are funds that offer potential upside in an inflationary environment, including real assets and income-generating funds....

Other symbols: NFRAGUNRRAVI

Is FlexShares High Yield ValueScored Bond ETF (HYGV) a Strong ETF Right Now?

Smart Beta ETF report for HYGV

Navigate Rising Rates With HYGV

With the Fed poised to continue hiking interest rates through the end of the year to combat inflation, many investors are worried about the potential impact on their investments.  FlexShares' research i...

This Fixed Income ETF Is Poised To Outperform Equities During Rising Rates

With interest rates expected to continue to rise through the end of the year, many investors are worried about the potential impact on their investments.  FlexShares' research into the past four Fed rat...

Investors Allocated to These 3 FlexShares ETFs in March

The top three ETFs in FlexShares' line-up that raked in the newest assets in March are largely funds that offer high income, demonstrating investors' desire for yield. The FlexShares iBoxx 3 Year Target...

Other symbols: GUNRTDTT

Which FlexShares ETFs Took in the Most Assets in January?

The top five ETFs in FlexShares' line-up that raked in the most new funds in January are largely funds that offer high dividend yields, demonstrating investors' desire for income amid a period of low-bu...

Other symbols: GUNRQDFRAVITDTTTLTD

Get Higher Yield With Less Risk Amid Rising Global Inflation

Getting high yield doesn't automatically mean that fixed income investors must take on high risk, especially with ETFs like the FlexShares High Yield Value-Scored Bond Index Fund (HYGV). While the Consu...

Get Max Yield With HYGV as 30-Year Note Falls to New Low

To get more yield, fixed income investors typically have to go far out on the yield curve, but with the benchmark 30-year Treasury note hitting lows, high-yield options are available. One such ETF to co...

While Investors Jump Back Into High Yield, This ETF Focuses on Value

An influx of bond investors are heading back into high yield, making exchange traded funds (ETFs) like the FlexShares High Yield Value-Scored Bond Index Fund (HYGV) an option to consider. While the thre...

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...

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...

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...

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...

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

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

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...

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...

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...

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...

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...

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...

‘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...

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.

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...