iShares High Yield Corporate Bond BuyWrite Strategy ETF (HYGW)
| Assets | $74.37M |
| Expense Ratio | 0.69% |
| PE Ratio | n/a |
| Shares Out | 2.28M |
| Dividend (ttm) | $4.34 |
| Dividend Yield | 13.25% |
| Ex-Dividend Date | Sep 4, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -5.92% |
| Volume | 42,102 |
| Open | 32.71 |
| Previous Close | 32.73 |
| Day's Range | 32.70 - 32.77 |
| 52-Week Low | 31.97 |
| 52-Week High | 34.71 |
| Beta | 0.26 |
| Holdings | 5 |
| Inception Date | Aug 18, 2022 |
About HYGW
Fund Home PageThe iShares High Yield Corporate Bond BuyWrite Strategy ETF (HYGW) is an exchange-traded fund that is based on the Cboe HYG BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares High Yield Corporate Bond ETF and writing one-month call options against the shares. HYGW was launched on Aug 18, 2022 and is issued by BlackRock.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 4, 2024 | $0.22435 | Sep 9, 2024 |
| Aug 2, 2024 | $0.27989 | Aug 7, 2024 |
| Jul 2, 2024 | $0.36082 | Jul 8, 2024 |
| Jun 4, 2024 | $0.38107 | Jun 10, 2024 |
| May 2, 2024 | $0.32277 | May 8, 2024 |
| Apr 2, 2024 | $0.39536 | Apr 8, 2024 |
News
HYGW: Covered Call High-Yield Bond ETF, Outstanding 13.3% Yield, Declining Share Price And Distributions
HYGW offers a strong 13.3% distribution yield by investing in high-yield corporate bonds and writing covered calls. The fund's strategy works best when high-yield rates are flat or increasing, worst w...
HYGW: High-Yield Bond Covered Call ETF, Strong 16.7% Yield
HYGW invests in high-yield corporate bonds and sells covered calls. Doing so leads to a massive 16.7% yield, but long-term capital losses and distribution cuts. An overview of the fund follows.
HYGW: This Buy-Write Bond Fund Could Deliver Sustainable Double-Digit Yields
iShares High Yield Corporate Bond Buywrite Strategy ETF is one of a trio of BlackRock fixed-income buy-write or covered call ETFs. The fund holds a position in the iShares iBoxx $ High Yield Corporate...
HYGW: High Yield Bonds Meet Covered Calls For A 15% Yield
Covered call funds are becoming very popular for income-seeking investors. These funds are not limited to stocks.
HYGW: Double-Digit Forward Yields, Long-Term Capital Depletion
BlackRock recently launched three BuyWrite fixed income ETFs. These provide investors with strong, double-digit dividend yields, but should see lower share prices and capital losses long-term.
BlackRock Announces 3 New BuyWrite Fixed Income ETFs For The Savvy Investor
On August 22, BlackRock Inc (NYSE: BLK) unveiled three new fixed income exchange traded funds, offering investors a BuyWrite strategy on fixed income assets.
BlackRock Launches Industry's First BuyWrite Fixed Income ETFs
NEW YORK--(BUSINESS WIRE)--BlackRock today launched a first-of-its-kind suite of fixed income ETFs that provide access to buy-write investment strategies on baskets of fixed income securities: the iSh...