iShares iBoxx $ High Yield ex Oil & Gas Corporate Bond ETF (HYXE) ETF
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iShares iBoxx $ High Yield ex Oil & Gas Corporate Bond ETF (HYXE) ETF Bio
The investment objective of the iShares iBoxx $ High Yield ex Oil & Gas Corporate Bond ETF seeks to track the Markit iBoxx USD Liquid High Yield ex-Oil and Gas Index, which covers below-investment-grade securities issued by companies in developed markets that have at least one year remaining to their maturities, but never had a maturity period of longer than 15 years. Eligible securities must also be issued by firms with at least $1 billion in outstanding value and be issued by companies operating in the oil and gas industry.