IHY
VanEck International High Yield Bond ETF
IHY
VanEck International High Yield Bond ETF
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NAV$19.57
as of September 28, 2023 -
YTD RETURNS3.64%
as of September 28, 2023 -
Total Net Assets$37.18M
as of September 28, 2023 -
Total Expense Ratio0.40%
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Inception Date04/02/2012
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30-Day SEC Yield7.33%
Fund Description
The VanEck International High Yield Bond ETF (IHY®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE BofA Global ex-US Issuers High Yield Constrained Index (HXUS), which is comprised of U.S. dollar, Canadian dollar, pound sterling, and euro denominated below investment grade corporate bonds issued by non-U.S. corporations in the major domestic or Eurobond markets.
Overview
Fund Highlights
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Diversified non-U.S. high yield exposure
International high yield bonds represent over 45% of the global high-yield market8 -
Higher credit quality
Historically lower default rates than U.S. high-yield bonds9 -
Reduced interest rate risk
Historically lower duration than U.S. high-yield bonds10