Summary
HYBB Chart
HYBB: Reasonable Investment Opportunity, But Better Choices Out There
HYBB invests in BB-rated corporate bonds. It yields 6.1%, with moderate credit risk, below-average credit risk. Focusing on a single credit rating has interest implications at the portfolio level.
HYBB: One To Consider After A Credit Event
Credit spreads are expected to rise due to small-cap stock concerns about higher rates impacting leveraged companies. iShares BB Rated Corporate Bond ETF offers diversified exposure to BB-rated US corporate bonds. HYBB has a sector composition heavy on Consumer Cyclical bonds, potentially risky in a recession, but offers higher yields and diversification benefits.
iShares BB Rated Corporate Bond ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 700 | $31,145.35 | $32,634 | $1,488.65 | 4.78% |
 Jeffery Yorg Focus Partners Advisor Solutions LLC | 32,805 | $1.55M | $1.53M | -$18,505.98 | -1.2% |
| MJ Michelle Johnston 1620 INVESTMENT ADVISORS Inc. | 450 | $21,289.5 | $20,983.5 | -$306 | -1.44% |
| PP Penny Paul Andina Capital Management LLC | 20,253 | $937,736.44 | $944,194.86 | $6,458.42 | 0.69% |
| FFG Fiduciary Financial Group LLC Fiduciary Financial Group LLC | 10,400 | $481,280.94 | $484,744 | $3,463.06 | 0.72% |
iShares BB Rated Corporate Bond ETF (HYBB) FAQ
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iShares BB Rated Corporate Bond ETF Profile
| ARCA Exchange | US Country |
Overview
The company operates as an investment fund, dedicating a significant portion of its assets to investing in securities that constitute the underlying index it aims to track. By adhering to a strategy of allocating at least 80% of its assets to the securities that make up the index and investing a minimum of 90% of its assets in the types of fixed income securities included in the index, the company seeks to mirror the performance of the underlying index. This approach underscores the fund's commitment to closely following the index's performance by investing in similar financial instruments, ensuring that the fund's investment objectives are aligned with the movements of the underlying index.
Products and Services
- Component Securities Investment
- Fixed Income Securities Investment
The company specializes in investing a substantial portion of its portfolio - a minimum of 80% - in the component securities of a specific underlying index. This strategic allocation is aimed at ensuring the fund's performance closely tracks that of the underlying index by mirroring its composition and movements. Such a focused investment approach enables the fund to offer investors exposure to the specific segments of the market represented by the index.
With a commitment to invest at least 90% of its assets in fixed income securities of the types included in the underlying index, the company offers investors a focused exposure to fixed income markets. This strategy is designed to match the performance of the underlying index by investing in similar types of bonds and other fixed income instruments that the index comprises. BFA's belief in this strategy underscores its goal to accurately track the index through targeted investments in fixed income securities, offering a way for investors to gain specific market exposure with a measure of predictability in returns.
