iShares High Yield Systematic Bond ETF

iShares High Yield Systematic Bond ETF is a fixed income ETF that seeks to track an index of U.S. dollar-denominated high yield corporate bonds selected through a rules-based approach. The fund is designed to provide diversified exposure to the high yield corporate bond market while emphasizing factors such as value and quality in its security selection process. It primarily invests in publicly issued debt from U.S. and non-U.S. corporations and uses a systematic methodology to build its portfolio. iShares High Yield Systematic Bond ETF is used by market participants seeking broad access to speculative-grade corporate credit within a transparent index framework, and it is part of the fixed income segment of the ETF market.