iShares IV PLC - iShares Fallen Angels High Yield Corp Bond UCITS ETF AccumHedged EUR (IT:WNGA) Price & Chart

iShares IV PLC - iShares Fallen Angels High Yield Corp Bond UCITS ETF AccumHedged EUR

The iShares Fallen Angels High Yield Corp Bond UCITS ETF (Accumulating, EUR Hedged) provides diversified exposure to global corporate bonds that have been downgraded from investment grade to high yield—commonly known as “fallen angels.” It tracks the Bloomberg Global Corporate ex EM Fallen Angels 3% Issuer Capped Index, investing across a broad range of maturities and excluding emerging-market issuers. The portfolio is designed to capture the income and capital-return potential of the high-yield corporate bond market while limiting concentration through a 3% issuer cap. As an accumulating, EUR-hedged fund, it reinvests interest income and seeks to reduce the impact of fluctuations between the euro and the currencies of its underlying holdings. The ETF may suit investors seeking diversified high-yield credit exposure, but it remains subject to elevated default, credit-spread, interest-rate, liquidity and currency-related risks.