HYGiShares iBoxx $ High Yield Corporate Bond ETF

iShares iBoxx $ High Yield Corporate Bond ETF is an exchange-traded fund that provides broad exposure to the U.S. high-yield corporate bond market. The fund seeks to track the Markit iBoxx USD Liquid High Yield Index, a rules-based benchmark composed of U.S. dollar-denominated corporate bonds rated below investment grade and selected for liquidity. It invests primarily in fixed income securities that mirror the index, giving investors access to a diversified portfolio of high-yield debt across issuers and sectors. As a fixed income product, it is used by market participants who want packaged exposure to lower-rated corporate credit within a passive ETF structure. The fund is part of BlackRock’s iShares lineup and focuses on liquid bond holdings that represent a significant segment of the U.S. corporate credit market.