High yield index sector breakdown

Bloomberg Barclays Indices track total returns. Bloomberg Indices may be licensed for use as underlying indices for OTC or exchange-traded and structured products. Benchmark (%) Index: Markit iBoxx USD Liquid High Yield Index: 14.65 6.29 5.63 6.83 6.11 After Tax Pre-Liq. (%) Return after taxes on distributions. Assumes fund shares have not been sold. 11.89 3.68 2.72 3.89 2.95 After Tax Post-Liq. (%) Return after taxes on distributions and sale of fund shares. 8.37 3.53 2.78 3.87 3.14 types. A substantive high yield corporate market emerged first in US and later in Europe. Emerging markets (EM) debt was disintermediated from commercial banks to the public security markets, with new countries issuing debt in hard currency, local currency, and inflation-linked formats.

US High-Yield Market Index Credit | US Dollar The US High-Yield Market Index is a US Dollar-denominated index which measures the performance of high-yield debt issued by corporations domiciled in the US or Canada. Recognized as a broad measure of the North American high-yield market, the index includes cash-pay, deferred-interest securities Because the high yield sector generally has a low correlation to other sectors of the fixed income market along with less sensitivity to interest rate risk, an allocation to high yield bonds may provide portfolio diversification benefits. In addition, high yield bond investments have historically offered similar returns to equity markets, but VYM is linked to an index consisting of roughly 440 holdings and exposure is tilted most heavily towards consumer, energy, and industrials. Securities are chosen for inclusion in the fund based on their current yield; only the highest yielding companies are chosen. sector where roughly 100 constituents currently in the index have no bond or issuer ratings from any of the three rating agencies. 4 Index Methodology | 10 August 2017 High Yield Indices US High Yield Index H0A0 1,880 12 15 1,877 -0.2% -0.2% 0.01 0.00 The Fund seeks to track the performance of an index composed of Euro denominated high yield corporate bonds. iShares € High Yield Corp Bond UCITS ETF This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a

USD Liquid High Yield Index consists of liquid USD high yield bonds, selected index is a tradable reflection of the corporate high yield bond market. Inclusion criteria Index Weightings as of December 31, 2012. Industrials & Materials.

VYM is linked to an index consisting of roughly 440 holdings and exposure is tilted most heavily towards consumer, energy, and industrials. Securities are chosen for inclusion in the fund based on their current yield; only the highest yielding companies are chosen. sector where roughly 100 constituents currently in the index have no bond or issuer ratings from any of the three rating agencies. 4 Index Methodology | 10 August 2017 High Yield Indices US High Yield Index H0A0 1,880 12 15 1,877 -0.2% -0.2% 0.01 0.00 The Fund seeks to track the performance of an index composed of Euro denominated high yield corporate bonds. iShares € High Yield Corp Bond UCITS ETF This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a The primary advantages of high-yield ETFs over high-yield mutual funds are low fees, diversification, and intraday liquidity. There is a variety of high-yield ETFs on the market compared to high-yield mutual funds. Investors have more opportunity to find yield in a variety of ways, which often leads to higher yields because of specialization The iShares J.P. Morgan USD Asia Credit Bond Index ETF seeks to track the investment results of an index representative of USD denominated Asian bond issuances. • USD-denominated liquid investment grade and high yield debt instruments This breakdown is provided by BlackRock and takes the median rating of the three agencies when all

2 Jul 2019 Figure 13: CS High Yield Index Inclusion Rules. Currency. USD. Securities. Straight corporate debt, including cash-pay and zero-coupon bonds 

HYGV holdings span 5 sectors. Industrial37.65%. Consumer30.07%. Technology , Telecomm & Media13.79%. USD Liquid High Yield Index consists of liquid USD high yield bonds, selected index is a tradable reflection of the corporate high yield bond market. Inclusion criteria Index Weightings as of December 31, 2012. Industrials & Materials. giving way to an era of sector allocation driven by investors. The surging market value of the Barclays Global High Yield Index, which has increased 183% to. sector. 5.09%. distribution yield. As of 02/29/2020. 5.26%. 30-day sec yield The ICE BofAML 0-5 Year US High Yield Constrained Index tracks the performance 

The Fund seeks to track the performance of an index composed of Euro denominated high yield corporate bonds. iShares € High Yield Corp Bond UCITS ETF This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a

types. A substantive high yield corporate market emerged first in US and later in Europe. Emerging markets (EM) debt was disintermediated from commercial banks to the public security markets, with new countries issuing debt in hard currency, local currency, and inflation-linked formats. US High-Yield Market Index Credit | US Dollar The US High-Yield Market Index is a US Dollar-denominated index which measures the performance of high-yield debt issued by corporations domiciled in the US or Canada. Recognized as a broad measure of the North American high-yield market, the index includes cash-pay, deferred-interest securities Because the high yield sector generally has a low correlation to other sectors of the fixed income market along with less sensitivity to interest rate risk, an allocation to high yield bonds may provide portfolio diversification benefits. In addition, high yield bond investments have historically offered similar returns to equity markets, but VYM is linked to an index consisting of roughly 440 holdings and exposure is tilted most heavily towards consumer, energy, and industrials. Securities are chosen for inclusion in the fund based on their current yield; only the highest yielding companies are chosen. sector where roughly 100 constituents currently in the index have no bond or issuer ratings from any of the three rating agencies. 4 Index Methodology | 10 August 2017 High Yield Indices US High Yield Index H0A0 1,880 12 15 1,877 -0.2% -0.2% 0.01 0.00

The S&P 500® High Yield Corporate Bond Index, a subindex of the S&P 500 Bond Index, seeks to measure the performance of U.S. corporate debt issued by constituents in the S&P 500 with a high-yield rating. The S&P 500 Bond Index is designed to be a corporate-bond counterpart to the S&P 500, which is widely regarded as the best single gauge of large-cap U.S. equities.

The S&P U.S. High Yield Corporate Bond Index is designed to track the performance of U.S. dollar-denominated, high-yield corporate bonds issued by companies whose country of risk use official G-10 currencies, excluding those countries that are members of the United Nations Eastern European Group (EEG). The S&P 500® High Yield Corporate Bond Index, a subindex of the S&P 500 Bond Index, seeks to measure the performance of U.S. corporate debt issued by constituents in the S&P 500 with a high-yield rating. The S&P 500 Bond Index is designed to be a corporate-bond counterpart to the S&P 500, which is widely regarded as the best single gauge of large-cap U.S. equities. HYG Fund Description. HYG tracks a market-weighted index of US high-yield corporate debt. HYG Factset Analytics Insight. HYG was the first mover in the high-yield corporate bond market. The US High-Yield Market Index is a US Dollar-denominated index which measures the performance of high-yield debt issued by corporations domiciled in the US or Canada. Recognized as a broad measure of the North American high-yield market, the index includes cash-pay, deferred-interest securities, and debt FTSE High Dividend Yield Index-----10.09% MSCI USA IMI High Yield Dividend Index -21.08% -19.28% -20.39% -9.98% 2.47% 6.47% 10.88% All returns over 1 year are annualized. Because the high yield sector generally has a low correlation to other sectors of the fixed income market along with less sensitivity to interest rate risk, an allocation to high yield bonds may provide portfolio diversification benefits. In addition, high yield bond investments have historically offered similar returns to equity markets, but Analyst Report. This ETF is linked to the FTSE High Dividend Yield Index, which offers exposure to dividend paying large-cap companies that exhibit value characteristics within the U.S. equity market. Investors with a longer-term horizon should consider the importance of large cap value stocks and the benefits they can add to any well-balanced

Benchmark (%) Index: Markit iBoxx USD Liquid High Yield Index: 14.65 6.29 5.63 6.83 6.11 After Tax Pre-Liq. (%) Return after taxes on distributions. Assumes fund shares have not been sold. 11.89 3.68 2.72 3.89 2.95 After Tax Post-Liq. (%) Return after taxes on distributions and sale of fund shares. 8.37 3.53 2.78 3.87 3.14 types. A substantive high yield corporate market emerged first in US and later in Europe. Emerging markets (EM) debt was disintermediated from commercial banks to the public security markets, with new countries issuing debt in hard currency, local currency, and inflation-linked formats.