ISHARES BROAD USD HIGH YIELD CORPORATE BOND UCITS ETF (USD, HYHE) HYHE.DE

iShares Broad USD High Yield Corporate Bond UCITS ETF is a passive fixed income fund that seeks to provide total return (capital plus income) by tracking the ICE BofA US High Yield Constrained Index. The ICE BofA US High Yield Constrained Index consists of U.S. dollar-denominated corporate bonds rated below investment grade (high yield), issued in the U.S. or with exposure to the U.S./Western Europe/FX-G10 jurisdictions, with constraints on issuer concentration (no single issuer exceeds 2 %) and other eligibility criteria such as minimum size, maturity, and liquidity.

This ETF operates under UCITS regulation, domiciled in Ireland, and is sponsored by iShares (BlackRock). It is structured with physically held bonds and uses an optimisation method to replicate the index.