iShares € High Yield Corp Bond UCITS ETF EUR (Dist)

iShares € High Yield Corp Bond UCITS ETF EUR (Dist) is an exchange-traded fund that seeks to track the performance of the iBoxx EUR Liquid High Yield index, which comprises the largest and most liquid Euro-denominated corporate bonds rated below investment grade. Managed by BlackRock, this UCITS-compliant ETF employs a physical replication strategy through sampling, holding a diversified selection of around 640 to 650 high yield bonds issued by companies across sectors such as industrials, utilities, financials, telecommunications, and automotive. These bonds feature fixed and floating rates with various maturities, providing exposure to sub-investment grade securities rated BB+ to CCC- by major agencies. The ETF distributes interest income quarterly to investors, operating in a currency-unhedged EUR base. Domiciled in Ireland and launched in 2010, it plays a key role in the European fixed income market by offering investors access to a broad, liquid portfolio of Euro high yield corporate debt, facilitating income generation and portfolio diversification within the higher-risk segment of the bond market.