iShares iBoxx $ High Yield Corporate Bond ETF HYG NYSE

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is an exchange-traded fund that tracks a rules-based index of U.S. dollar-denominated high yield corporate bonds available in the U.S. market. The fund commits to investing at least 80% of its assets in the component securities of its underlying index, with a minimum of 90% allocated to fixed income securities of types included in the index. This structure enables the fund to provide investors with broad exposure to the high yield corporate bond market while maintaining close alignment with its benchmark index.