BlackRock Launches BB Rated Corporate Bond ETF, HYBB
October 08, 2020 at 12:35 PM EDT
On Thursday, BlackRock announced the launch of the iShares BB Rated Corporate Bond ETF (NYSE: HYBB). The fund will seek to track the investment results of the ICE Bank of America BB US High Yield Constrained Index (HUC1) and is the first ETF to offer this exposure to investors in the United States.