iShares U.S. High Yield Bond ETF

iShares U.S. High Yield Bond ETF is an exchange-traded fund designed to provide investors with exposure to a diverse portfolio of high yield U.S. corporate bonds. This ETF aims to track the investment results of the Markit iBoxx USD Liquid High Yield Index, which includes U.S. dollar-denominated, high yield corporate bonds with relatively short maturities and high coupon rates. The fund is tailored for investors seeking income generation and diversification benefits within the fixed income market. High yield bonds, often referred to as "junk bonds," typically carry higher risk compared to investment-grade bonds, yet offer potentially greater returns. The iShares U.S. High Yield Bond ETF plays a significant role in the fixed income market by giving investors access to higher yield potential in exchange for taking on greater credit risk, making it suitable for portfolios aiming to enhance yield and incorporate a broader range of credit exposure.