HYDB – iShares High Yield Systematic Bond ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the investment results of the BlackRock High Yield Systematic Bond Index composed of U.S. dollar-denominated, high yield corporate bonds. The fund will invest at least 80% of its assets in the component securities of the 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 BFA believes will help the fund track the index.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
HYDB	iShares High Yield Systematic Bond ETF	ETF	Open	—		Jul 11, 2017	—	0.350%	—	—	—
HYDB	iShares High Yield Systematic Bond ETF	ETF	Open			Jul 11, 2017	$1.57B	0.350%	—	—	−$74.04M

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