iShares $ High Yield Corp Bond UCITS ETF
IHHG.L
London Stock Exchange- -
GBP
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 2 Ballsbridge Park, Ballsbridge Dublin Ireland D04 YW83
- IPO Date
- Mar 21, 2018
- Website
- ishares.com
- Similar Companies
- Business
- iShares $ High Yield Corp Bond UCITS ETF GBP Hedged (Dist) (IHHG.L) is an exchange-traded fund that seeks to track the investment performance of the Markit iBoxx USD Liquid High Yield Capped Total Return Index, before fees and expenses, with a currency hedge to British pounds sterling. The ETF offers exposure to a diversified portfolio of USD-denominated high yield corporate bonds issued by companies in the U.S. and other developed markets; it distributes income semi-annually and maintains a focus on investment-grade and below investment-grade fixed income securities with maturities typically between one and thirty years. Managed by BlackRock Institutional Trust Company, National Association, acting through its Luxembourg subsidiary, the fund employs a sampling strategy to replicate the index by investing in a representative basket of bonds selected based on criteria such as issue size, liquidity, and maturity; it features a total expense ratio of approximately 0.50% and is UCITS-compliant for distribution across Europe. Headquartered in Dublin, Ireland, with BlackRock's global operations spanning the United States, Europe, and Asia-Pacific, the ETF was launched in 2014 as part of iShares' extensive lineup of fixed income UCITS ETFs targeting institutional and retail investors seeking yield enhancement with managed credit risk. It caters primarily to UK and European investors interested in hedged USD high yield exposure, serving pension funds, wealth managers, and tactical allocators; the fund holds positions in over 700 securities across sectors like energy, consumer cyclicals, and telecommunications, with no single issuer exceeding 3% weight to mitigate concentration risk. In recent developments, the ETF benefited from BlackRock's strategic enhancements to its iShares fixed income platform, including the integration of advanced ESG screening tools launched in 2024 for select high yield funds; it also saw increased assets under management amid 2025's high yield market rally driven by anticipated Federal Reserve rate stability under President Trump's administration. No major acquisitions or name changes have occurred, but the fund participated in BlackRock's expanded UCITS distribution partnerships with European platforms in late 2024, boosting liquidity and accessibility. These updates align with broader industry shifts toward hedged, distributing high yield products amid volatile currency environments.