iShares iBoxx $ High Yield Corporate Bond ETF - HYG

iShares iBoxx $ High Yield Corporate Bond ETF is a fixed income exchange-traded fund that provides exposure to U.S. dollar-denominated high yield corporate bonds. The fund seeks to track the performance of the Markit iBoxx USD Liquid High Yield Index, investing primarily in non-investment grade corporate debt issued by a diversified range of companies and industries. Its core purpose is to offer access to the high yield, or “sub-investment grade,” segment of the corporate bond market in a single, tradeable vehicle, allowing investors to gain broad credit exposure while maintaining daily liquidity. The ETF focuses on relatively liquid bonds, which helps facilitate efficient trading and pricing in the secondary market. iShares iBoxx $ High Yield Corporate Bond ETF distributes income on a monthly basis and is widely used as a tool for income-oriented exposure, credit market allocation, and portfolio diversification within the broader fixed income landscape.