iShares High Yield Active ETF (BRHY)

iShares High Yield Active ETF (BRHY) is an exchange-traded fund in the High Yield Bond category. It has $122.33M in assets, an expense ratio of 0.45% and a 6.51% dividend yield. The fund invests primarily in non-investment grade bonds with maturities of ten years or less. It normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in high yield investments and other financial instruments with economic characteristics similar to such investments. The fund is non-diversified.