iShares iBoxx $ High Yield Corporate Bond ETF (HYG)

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is an exchange-traded fund in the High Yield Bond category. It has $16.19B in assets, an expense ratio of 0.49% and a 5.88% dividend yield. The underlying index is a rules-based index consisting of U.S. dollar-denominated, high yield corporate bonds for sale in the U.S. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index.