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HYGW ETF Price & Analysis

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HYGW ETF Chart & Stats

ETF Overview

iShares High Yield Corporate Bond BuyWrite Strategy ETF

The iShares High Yield Corporate Bond BuyWrite Strategy ETF (HYGW) is a compelling investment vehicle designed for investors seeking to capitalize on the high-yield corporate bond market while employing a strategic income-generating overlay. Rooted in the Corporate category, this ETF offers a broad-based approach specifically targeted at high-yield bonds, catering to those interested in maximizing returns from credit markets with elevated risk-adjusted yield potential. HYGW stands out by incorporating a buy-write strategy, a sophisticated investment technique that involves writing covered call options on the underlying securities. This dual approach aims to enhance income, potentially reducing volatility while still providing exposure to a diverse portfolio of high-yield corporate bonds across various maturities. The ETF captures the essence of the Broad Maturities niche, ensuring investors benefit from a well-rounded exposure that spans different duration profiles, effectively balancing risk and return. Investors in HYGW are presented with an innovative way to access the high-yield market, leveraging both bond coupons and option premiums. This strategic combination seeks to deliver superior income generation potential, appealing to those who wish to navigate the complexities of corporate credit markets with a sophisticated and yield-focused investment strategy.

iShares High Yield Corporate Bond BuyWrite Strategy ETF (HYGW) Fund Flow Chart

iShares High Yield Corporate Bond BuyWrite Strategy ETF (HYGW) 1 year Net Flows: $164M

HYGW ETF FAQ

What was HYGW’s price range in the past 12 months?
HYGW lowest ETF price was $31.62 and its highest was $33.75 in the past 12 months.
    What is the AUM of HYGW?
    As of Feb 21, 2025 The AUM of HYGW is 215.48M.
      Is HYGW overvalued?
      According to Wall Street analysts HYGW’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does HYGW pay dividends?
        HYGW pays a Monthly dividend of $0.329 which represents an annual dividend yield of 12.07%. See more information on HYGW dividends here
          How many shares outstanding does HYGW have?
          HYGW has 6,774,461 shares outstanding.
            Which hedge fund is a major shareholder of HYGW?
            Among the largest hedge funds holding HYGW’s share is Invst, LLC. It holds HYGW’s shares valued at 618K.

              Top 10 Holdings

              Name
              Weight %
              iShares iBoxx $ High Yield Corporate Bond ETF
              99.69%
              USD_CASH
              U.S. Dollar
              0.31%
              Total100.00%
              See All Holdings
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