BRHYiShares High Yield Active ETF

iShares High Yield Active ETF is an actively managed fixed income fund designed to provide exposure to U.S. high-yield corporate debt. The fund primarily invests in non-investment-grade bonds with maturities of ten years or less and may also use related instruments to manage credit exposure and portfolio positioning. Its portfolio is built to generate income while seeking diversified participation across sectors such as energy, real estate, healthcare, and basic materials. By focusing on higher-yielding corporate issuers, iShares High Yield Active ETF serves as a specialized credit allocation tool for investors looking for broad access to the U.S. high-yield bond market through a single exchange-traded product. The fund is part of BlackRock’s iShares lineup and operates with an active management approach rather than tracking a traditional index.