Overview
Description
The iShares Global High Yield Corporate Bond ETF (Acc) is an exchange-traded fund designed to provide investors with exposure to a diversified portfolio of global high yield corporate bonds. This ETF aims to track the performance of an index composed of global corporate bonds considered high yield or "junk" due to their lower credit ratings, yet offering potentially higher returns through interest income. By investing in a wide array of issuers across different industries and regions, it seeks to mitigate risk while capturing yield opportunities worldwide. The fund accrues income in the portfolio rather than distributing it, enhancing long-term capital growth potential. This ETF plays a significant role in investors' portfolios by offering a higher income opportunity and diversification benefits, appealing to those looking to enhance their fixed-income holdings with global exposure. It reflects trends in global corporate credit markets and is an essential tool for assessing economic conditions impacting higher risk bonds.
About
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Website
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Instrument type
ETF
Country
United States
MIC code
PSGM