HYBB

📎 Investment Objective

The iShares BB Rated Corporate Bond ETF (HYBB) seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds with a 'BB' credit rating.

✨ Key Features

• Exposure to U.S. dollar-denominated, high yield corporate bonds with a 'BB' credit rating
• Seeks to provide broad diversification across the 'BB' rated high yield corporate bond market
• Passively managed to track the performance of the underlying index
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Credit risk: The risk that the issuer of a bond will default on interest or principal payments
• Interest rate risk: The risk that bond prices will decline as interest rates rise
• High yield risk: High yield bonds are subject to greater market fluctuations and risk of loss of income and principal than higher-rated securities
• Liquidity risk: The risk that the ETF may not be able to sell a security at the desired time or price

👤 Best For

This ETF may be suitable for investors seeking exposure to the 'BB' rated segment of the high yield corporate bond market as part of a diversified fixed income portfolio. Investors should have a higher risk tolerance and a longer-term investment horizon to accommodate the volatility associated with high yield bonds.