iShares U.S. & International High Yield Corporate Bond ETF

The iShares U.S. & International High Yield Corporate Bond ETF is an exchange-traded fund that primarily invests in high yield or "junk" corporate bonds from both the United States and international markets. This ETF aims to track the performance of the Markit iBoxx Global Developed Markets High Yield Index. High yield bonds are known for offering higher income potential compared to traditional bonds, albeit with greater risk, as they are issued by companies with lower credit ratings. This fund provides diversification across a broad range of sectors and industries, making it a strategic option for those looking to gain exposure to global corporate bonds, especially in volatile or rising interest rate environments where income generation is essential. The iShares U.S. & International High Yield Corporate Bond ETF plays a significant role in the fixed income market by offering access to this segment, which is often less sensitive to interest rate fluctuations compared to investment-grade bonds, thereby providing a different risk-reward profile within a diversified portfolio.