IShares Broad USD High Yield Corporate Bond ETF captures a majority of the US high-yield bond market at attractive price tag, but there are better options. Its straightforward indexing approach doesn’t effectively manage lopsided risks or take advantage of mispriced bonds in the high-yield market.
iShares Broad USD High Yield Corp Bd ETF USHY
Morningstar’s Analysis USHY
Will USHY outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 2.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
BlackRock Cash Funds Treasury SL Agency | 0.42 | 55.4 Mil | Cash and Equivalents |
Medline Borrower LP 3.875% | 0.32 | 42.0 Mil | Corporate |
Tibco Software Inc 6.5% | 0.30 | 39.8 Mil | Corporate |
Cloud Software Group Inc. 9% | 0.30 | 39.3 Mil | Corporate |
Directv Financing LLC/Directv Financing Co-Obligor Inc. 5.875% | 0.28 | 36.6 Mil | Corporate |
DISH Network Corporation 11.75% | 0.28 | 36.5 Mil | Corporate |
Venture Global LNG Inc. 9.5% | 0.27 | 35.5 Mil | Corporate |
HUB International Ltd. 7.25% | 0.26 | 33.7 Mil | Corporate |
CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.125% | 0.25 | 33.1 Mil | Corporate |
Panther Escrow Issuer LLC / Panther Co-Issuer Inc. 7.125% | 0.24 | 31.0 Mil | Corporate |