(HYBB) iShares BB Rated Corporate - Ratings and Ratios

The iShares BB Rated Corporate Bond ETF (HYBB) is designed to track the performance of BB-rated corporate bonds, which are high-yield debt securities rated by major credit rating agencies. The fund invests at least 80% of its assets in the component securities of its underlying index and at least 90% in fixed-income securities of the types included in the index. This strategy ensures the fund closely aligns with the indexs performance, targeting higher yields while maintaining exposure to lower-rated corporate debt.

As a high-yield bond ETF, HYBB focuses on debt issued by companies with lower credit ratings, offering investors the potential for higher returns compared to investment-grade bonds. The funds underlying index is composed of BB-rated corporate bonds, which are one notch above non-investment-grade (junk bond) status. This positioning makes HYBB a middle-ground option for investors seeking higher yields without exposure to the highest-risk segments of the high-yield market.

HYBBs portfolio is structured to maintain liquidity and diversification across various sectors and issuers. The funds average volume of 19,013 shares over the past 20 days indicates moderate trading activity, while its assets under management (AUM) of $393.05 million reflect a sizable and stable fund. The ETFs price of $46.59 as of the latest data, combined with its short-term moving averages (SMA 20: $46.52, SMA 50: $46.18), suggests a recent period of price stability. The SMA 200 of $45.43 indicates a longer-term upward trend, though at a slower pace. The Average True Range (ATR) of 0.18 highlights low volatility, making HYBB a relatively stable choice within the high-yield bond category.