EH1Y
•
Fixed Income
ISHARES BROAD € HIGH YIELD CORP BOND UCITS ETF EUR (DIST)
TER (bps):
20
AUM (USD m):
65
ISIN:
IE00BG0J4B71
Domicile:
Ireland
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Eurozone (EMU)
As of:
13 Nov 2024
Climate Fund:
No
Benchmark
The ICE BofAML Euro High Yield Constrained Index measures the performance of Euro denominated, fixed rate sub-investment grade (based on an average rating of Moody’s, S&P and Fitch) (i.e. meet a specified level of creditworthiness) corporate FI securities publicly issued in the Euro domestic market or Eurobond market. To be eligible for inclusion in the Index, the FI securities must have at least 18 months to final maturity at the time of issuance, at least one year remaining term to final maturity as of the Index’s rebalancing date, a fixed coupon (i.e. interest) schedule and a minimum amount outstanding of Euro 250 million. Zero coupon bonds (i.e. bonds that do not pay interest) are also eligible for inclusion in the Index. The Index is market capitalisation weighted, rebalances on a monthly basis and individual issuers are capped at 3% of index weight.
PERFORMANCE
