iShares iBoxx $ High Yield Corporate Bond ETF (HYG)
| Assets | $15.12B |
| Expense Ratio | 0.49% |
| PE Ratio | 9.59 |
| Shares Out | 194.20M |
| Dividend (ttm) | $4.58 |
| Dividend Yield | 5.95% |
| Ex-Dividend Date | May 1, 2024 |
| Payout Ratio | 57.19% |
| 1-Year Return | +3.35% |
| Volume | 22,077,744 |
| Open | 77.06 |
| Previous Close | 76.90 |
| Day's Range | 76.85 - 77.06 |
| 52-Week Low | 71.68 |
| 52-Week High | 78.08 |
| Beta | n/a |
| Holdings | 1238 |
| Inception Date | Apr 4, 2007 |
About HYG
Fund Home PageThe iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund tracks a market-weighted index of US high-yield corporate debt. HYG was launched on Apr 4, 2007 and is issued by BlackRock.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 1, 2024 | $0.3998 | May 7, 2024 |
| Apr 1, 2024 | $0.39511 | Apr 5, 2024 |
| Mar 1, 2024 | $0.43823 | Mar 7, 2024 |
| Feb 1, 2024 | $0.38383 | Feb 7, 2024 |
| Dec 14, 2023 | $0.37847 | Dec 20, 2023 |
| Dec 1, 2023 | $0.34386 | Dec 7, 2023 |
News
What junk? High-yield bonds outperform in a turbulent April
High-yield, or “junk,” bonds outperformed in a turbulent April for financial assets, showing surprising resilience despite a sharp spike in volatility in benchmark borrowing rates.
Corporate bond ETFs HYG and JNK suffer outflows amid Fed jitters
Investors are dumping corporate Exchange Traded Funds (ETFs) as signs emerge that the Federal Reserve will maintain higher rates for longer because of the stubbornly high inflation in the US. Data by ...
How Much Credit Risk Should You Take On?
In the first quarter of 2024, fixed income investors turned to investment-grade corporate bond ETFs. The Vanguard Intermediate-Term Corporate Bond ETF (VCIT) pulled in $2.3 billion, while the Vanguard...
Buybacks near record levels: Here's what you need to know
Brian Reynolds, Reynolds Strategy chief market strategist, joins 'The Exchange' with CNBC's Bob Pisani to discuss why buybacks are near record levels, the impact of buybacks on markets short- and long...
Why high-yield bond ETFs may deliver ‘surprise' outperformance in fixed income in 2024
Hello! For this week's ETF Wrap, I caught up with Michael Arone, State Street's chief investment strategist, at the Exchange ETF conference in Miami. He shared his take on bonds as ETF investors look ...
Why BlackRock's Rick Rieder says investors 'underestimate' active fixed income ETFs
The chief investment officer of fixed income sees a strategic advantage in his actively managed fixed income ETFs.
Why BlackRock's new Flexible Income ETF emphasizes "international" right now
Investors shun high-yield debt ETFs despite gains as broader bond market stumbles
Junk bond ETFs fell Thursday after the latest inflation report, but have gains this year on a total return basis
Final Trades: PFE, HYG, ZM & DAL
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
An ‘iceberg' awaits with only 10% of the junk-bond market feeling the pinch of higher rates, says BofA Global
U.S. companies binged on debt when rates were super low, so they wouldn't have to swallow the bitter pill of higher borrowing costs down the road.
Watch this ‘canary in the coal mine' for signs of trouble in markets, Neuberger Berman CIO says
Neuberger Berman, an asset manager with eight decades under its belt, is on the lookout for cracks in credit markets from the Federal Reserve's rate-hiking campaign.
iShares iBoxx High Yield Corporate Bond: is the HYG ETF a buy?
The iShares iBoxx $ High Yield Corporate Bond (HYG) ETF has done well this year as investors' thirst for yield continues. The fund, which tracks junk bonds, has risen by almost 10% from the lowest lev...
Treasury-bond ETFs fall after inflation report as investors brace for Fed decision
Exchange-traded funds that invest in Treasury bonds fell Tuesday after the May inflation report, as the market anticipated the Federal Reserve may continue hiking interest rates after a June pause.
It's a great time to be dollar-cost averaging in stock, says NewFleet's David Albrycht
David Albrycht, CIO at NewFleet Asset Management, joins 'Closing Bell' to discuss opportunities in the fixed-income market, high-yield bond plays, and taking on more risk if economic factors change.
How debt-ceiling worries could play out in risky corporate bond market, according to CreditSights
The longer the debt-ceiling debate goes unresolved, the more pressure that risks building in credit markets.
Final Trades: Energy Transfer, HYG, Nvidia, Sonos
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
‘Deposits are going to keep drifting out,' says DoubleLine's Gundlach, warning of echoes of S&L crisis at banks
“I'm really turning more bearish,” Jeffrey Gundlach, CEO of DoubleLine, told CNBC on Wednesday, after the Federal Reserve raised rates by another 25 basis points to the highest level since 2007.
These 8% Dividends Are Key To Early Retirement
With yields north of 7%, closed-end funds (CEFs) should be a staple of every American's portfolio.
Final Trades: Amgen, Manhattan Assoc., HYG & TLT
The final trades of the day. With CNBC's Melissa Lee and the Fast Money traders.
Commercial real-estate worries weigh down property ETFs — but a ‘durable' corner holds up relatively well
Hello! This week's ETF wrap looks at real estate funds with exposure to commercial properties, an area of the market under pressure as investors worry lending is tightening after this month's stress i...
Got gold? Biggest gold ETF attracts investors as the ‘safe haven' yellow metal shines
Hello! This week's ETF Wrap shines the light on gold ETFs, which are outperforming the S&P 500 so far this year. Will gold rally when the Fed eventually pauses its rate hikes?
The Fed did add $300 billion of reserves back into the system, says Jefferies' David Zervos
David Zervos of Jefferies and Nancy Davis of Quadratic Capital Management join 'Closing Bell: Overtime' to discuss credit availability.