iShares Interest Rate Hedged High Yield Bond ETF (HYGH) ETF
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iShares Interest Rate Hedged High Yield Bond ETF (HYGH) ETF Bio
The investment objective of the iShares Interest Rate Hedged High Yield Bond ETF seeks to mitigate the interest rate risk of a portfolio composed of U.S. dollar-denominated, high yield corporate bonds. HYGH is to provide exposure to high yield bonds while mitigating interest rate risk by holding HYG (iShares iBoxx $ High Yield Corporate Bond ETF) and short positions in Treasury futures.