iShares USD Short Duration High Yield Corporate Bond Fund

The iShares USD Short Duration High Yield Corporate Bond Fund is an exchange-traded fund designed to provide exposure to a diversified portfolio of short-duration, high-yield corporate bonds denominated in US dollars. Its primary function is to track the performance of an index composed of US dollar-denominated corporate bonds with below investment-grade ratings and maturities typically between zero and five years. This focus on short duration aims to reduce the fund’s sensitivity to interest rate fluctuations while still offering the higher income potential characteristic of the high-yield segment. Managed by iShares, the fund appeals to investors seeking diversified access to global corporate credit markets, especially those interested in balancing higher income generation with lower interest rate risk compared to longer-duration bond funds. It plays a significant role in the fixed income market by facilitating efficient access to high-yield credit while managing duration risk, and it is structured as a distributing fund, typically providing income to investors semi-annually. This fund serves institutional and retail investors looking to include high-yield, short-maturity corporate bonds in their portfolios as part of their income or fixed income strategies.