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iShares 0-5 YR High Yield Corp Bond
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| iShares 0-5 Year High Yield Corporate Bond ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the performance of the Markit iBoxx USD Liquid High Yield 0-5 Index. |
| Category | Corporate |
| Fund Sponsor | iShares/USA |
| Website | www.ishares.com |
| Inception date | Oct 17, 2013 |
| Assets (mns) | $3,330 |
| Currency | USD |
| Expense ratio | 30 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | |
| Weighting | Market Cap |
| Index replication | Optimized |
| No. of constituents | |
| No of distinct issuers | |
| Inflation protected | 0% |
| Variable/Fixed coupon | 100% /0% |
| Non-standard maturity (callable, etc.) | 100% |
| SPRINT CORP. 7.9% 9/15/23 | 1.0 % |
| COMMUNITY HEALTH SYST 6.3% 3/31/23 | 0.6 % |
| TENET HEALTHCARE CORP 8.1% 4/01/22 | 0.6 % |
| TEVA PHARMACEUTICAL F 2.2% 7/21/21 | 0.6 % |
| TEVA PHARMACEUTICAL F 2.8% 7/21/23 | 0.5 % |
| REYNOLDS GROUP ISSUER 5.8% 1/15/20 | 0.5 % |
| CLEAR CHANNEL WORLDWI 9.3% 2/15/24 | 0.5 % |
| 0.0% /00/00 | 0.5 % |
| SPRINT COMMUNICATIONS 6.0% 11/15/22 | 0.5 % |
| NIELSEN FINANCE LLC 5.0% 4/15/22 | 0.5 % |
| TOTAL | 5.9 % |
|---|
| TENET HEALTHCARE CORPORATION | 1.6% |
| COMMUNITY HEALTH SYSTEMS, INC. | 1.4% |
| SPRINT CORP | 1.4% |
| TEVA PHARMACEUTICAL FINANCE NETHER... | 1.3% |
| DISH DBS CORPORATION | 1.2% |
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UNITED STATES | 79.7 % |
 |
CANADA | 3.8 % |
 |
NETHERLANDS | 1.8 % |
 |
BRITAIN | 1.7 % |
 |
LUXEMBOURG | 1.6 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 8.1% | 4.4% | 4.2% | -- | 3.9% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.04 | 0% |
| S&P500 | 0.23 | 65% |
| MSCI EAFE | 0.24 | 60% |
| MSCI Emg. Mkts. | 0.15 | 39% |
| Recent close | $46.37 |
| 30d moving avg. | $46.37 |
| Annualized volatility | 3.4% |
| Short interest (ETF) | 0.1% |
| Relative strength (RSI) | 49 |
| Avg. volume (thou.) | 487 |
| Avg. daily value traded (mns) | $23 |
| Turnover | 0.7% |
| Bid/Ask (% of price) | 0.02 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| SHYG | 2.9 yrs | Category Avg.* |
4.6 yrs |
| SHYG | 2.8% | Category Avg.* |
4.6% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 9.05% | -7.2% | $43.03 |
| +200 bp | 8.05% | -5.0% | $44.03 |
| +150 bp | 7.55% | -3.9% | $44.57 |
| +100 bp | 7.05% | -2.6% | $45.14 |
| +75 bp | 6.80% | -2.0% | $45.44 |
| +50 bp | 6.55% | -1.4% | $45.74 |
| +25 bp | 6.30% | -0.7% | $46.05 |
| 0 bp | 6.05% | 0% | $46.37 |
| -25 bp | 5.80% | 0.7% | $46.69 |
| -50 bp | 5.55% | 1.4% | $47.03 |
| -75 bp | 5.30% | 2.1% | $47.37 |
| -100 bp | 5.05% | 2.9% | $47.71 |
| -150 bp | 4.55% | 4.4% | $48.42 |
| -200 bp | 4.05% | 6.0% | $49.17 |
| -300 bp | 3.05% | 9.4% | $50.74 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
605 | bp |
| Less: Annual "default factor" |
359 | bp |
| Less: Expense ratio | 30 | bp |
| Equals: ALTAR Score | 2.16 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 1.7% |
| Corporate | 2.3% |
| Emerging Market | 3.6% |
| Government | 1.7% |
| Inflation Protected | 1.8% |
| Mortgage | 2.8% |
| Municipals | 2.3% |
| *Note: The iShares 0-5 YR High Yield Corp Bond is classified as a Corporate fund. | |