Key stats
About iShares Yield Optimized Bond ETF
Home page
Inception date
Apr 22, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ISIN
US46434V7872
BYLD is a fund-of-funds that uses iShares' existing bond ETFs as building blocks, optimized for yield, and limiting risks. Using a proprietary methodology, the fund selects funds that are perceived to have consistently demonstrated high risk-adjusted income. The fund is passively managed and allocates to five US broad fixed-income sectors: government and government-related (10-50%), securitized (10-50%), investment-grade credit (10-50%), high-yield credit (0-20%), and emerging market debt (0-10%). Each sector has its own return and risk profile that, when combined, equals to 100%. Securities are weighted according to Morningstars variant of the mean-variance optimization equation, which is based on the return, standard deviation, correlation, and yield of the securities. The Underlying Index is rebalanced and reconstituted quarterly.
Related funds
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BYLD trades at 22.84 USD today, its price has risen 0.44% in the past 24 hours. Track more dynamics on BYLD price chart.
BYLD net asset value is 22.83 today — it's risen 1.37% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BYLD assets under management is 269.39 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BYLD price has risen by 1.06% over the last month, and its yearly performance shows a 0.62% increase. See more dynamics on BYLD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.37% over the last month, showed a 4.19% increase in three-month performance and has increased by 6.46% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.37% over the last month, showed a 4.19% increase in three-month performance and has increased by 6.46% in a year.
BYLD fund flows account for 45.42 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BYLD invests in funds. See more details in our Analysis section.
BYLD expense ratio is 0.17%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BYLD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BYLD technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BYLD shows the buy signal. See more of BYLD technicals for a more comprehensive analysis.
Today, BYLD technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BYLD shows the buy signal. See more of BYLD technicals for a more comprehensive analysis.
Yes, BYLD pays dividends to its holders with the dividend yield of 5.32%.
BYLD trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BYLD shares are issued by BlackRock, Inc.
BYLD follows the Morningstar US Bond Market Yield-Optimized Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 22, 2014.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.