XHYT ISSUER
The issuer of the XHYT ETF, or the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index ETF, is committed to providing investors with exposure to the high-yield bond market within the telecom, media, and technology sectors. The ETF tracks the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index, which includes U.S. dollar-denominated below investment grade bonds issued by companies with significant exposure to countries in the FX-G10 group, such as the U.S., the U.K., and several European nations. The ETF aims to maintain a diversified portfolio of bonds from these sectors while following a passive indexing strategy to achieve its investment objectives, offering investors an efficient way to access this specific segment of the bond market.
XHYT DIVIDEND
The XHYT ETF, which seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index, may not primarily focus on dividends, but it still reflects the dividend distribution of the underlying index. Dividend distributions typically occur on a periodic basis, influenced by the individual dividend policies and performances of the index's constituent companies. Investors considering XHYT may find it suitable for high yield opportunities within the telecom, media, and technology sectors, even though the primary focus is on bond investments.
XHYT TRACKING
Tracking the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index is the primary objective of the XHYT ETF. This exchange-traded fund is non-diversified and focuses on mirroring the performance of U.S. dollar-denominated below investment grade bonds issued by companies within the telecom, media, and technology sector. It aims to provide investors with exposure to high-yield bonds from these industries, including telecommunications, technology & electronics, and media sub-sectors. XHYT employs a passive indexing approach to minimize costs and seeks to maintain an investment profile similar to the underlying index while eliminating the chance of substantial outperformance.
XHYT CORRELATION
The correlation aspect of the iShares iBoxx $ Liquid High Yield Ex-Telecommunications, Media & Technology ETF (XHYT) primarily focuses on tracking the performance of the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index. Given its niche exposure to the telecom, media, and technology sector, XHYT's correlation is tied to the fortunes of these industries. Investors looking for targeted exposure to high-yield bonds within this sector can use XHYT as a valuable tool for their portfolios.
XHYT SECTOR
The XHYT Sector ETF focuses on tracking the investment results of the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index. This index consists of U.S. dollar-denominated below investment grade bonds issued by companies in the telecom, media, and technology sector, including telecommunications, technology & electronics, and media sub-sectors. These bonds are commonly known as junk bonds. The ETF offers exposure to the high-yield segment of the telecom, media, and technology industry, allowing investors to potentially benefit from the income generated by these bonds while considering the associated risks.
XHYT EXPOSURE
The exposure of the XHYT ETF, or the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index ETF, is focused on below investment grade bonds within the telecom, media, and technology sectors in the United States. This ETF aims to track the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index, consisting of U.S. dollar-denominated bonds issued by companies with significant exposure to countries within the FX-G10, including countries like the U.S., Japan, and several European nations. With an emphasis on the telecom, media, and technology sectors, XHYT provides investors with targeted exposure to high-yield bonds in these industries, offering a unique avenue for income generation within the world of junk bonds.