iShares Broad USD High Yield Corporate Bond UCITS ETF USD (Dist)

The iShares Broad USD High Yield Corporate Bond UCITS ETF USD (Dist) is an exchange-traded fund that provides broad exposure to the US dollar-denominated high yield corporate bond market. The fund aims to replicate the performance of the ICE BofAML US High Yield Constrained Index by physically holding a diversified basket of bonds issued by corporations in various sectors, all rated below investment grade. Its primary function is to offer investors access to the high yield credit segment, typically characterized by higher yields in compensation for greater credit risk relative to investment-grade bonds. This ETF distributes income to holders semi-annually and operates with a total expense ratio of 0.20% per annum. The fund is unhedged to currency, meaning non-USD investors are exposed to fluctuations in the US dollar. Due to its diversified approach—holding thousands of securities—it helps mitigate issuer-specific risk while delivering a competitive yield, which has recently been over 8%. The fund plays a significant role for investors seeking income and credit-spread opportunities, and it serves institutional and private investors looking to allocate efficiently across the US high yield corporate debt market.