OTCPK:IUYB.F

Stock Analysis Report

iShares U.S. High Yield Bond Index ETF (CAD-Hedged)

Executive Summary

iShares U.S. High Yield Bond Index ETF (CAD-Hedged) is an exchange traded fund launched and managed by BlackRock Asset Management Canada Limited.


Snowflake Analysis

Share Price & News

How has iShares U.S. High Yield Bond Index ETF (CAD-Hedged)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IUYB.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.9%

IUYB.F

0.4%

US Capital Markets

0.06%

US Market


1 Year Return

n/a

IUYB.F

17.9%

US Capital Markets

19.3%

US Market

Return vs Industry: Insufficient data to determine how IUYB.F performed against the US Capital Markets industry.

Return vs Market: Insufficient data to determine how IUYB.F performed against the US Market.


Shareholder returns

IUYB.FIndustryMarket
7 Day0.9%0.4%0.06%
30 Dayn/a0.7%1.7%
90 Dayn/a6.9%9.0%
1 Yearn/a20.2%17.9%21.8%19.3%
3 Yearn/a40.2%32.4%49.5%39.9%
5 Yearn/a84.5%67.4%73.1%54.1%

Price Volatility Vs. Market

How volatile is iShares U.S. High Yield Bond Index ETF (CAD-Hedged)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is iShares U.S. High Yield Bond Index ETF (CAD-Hedged) undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether iShares U.S. High Yield Bond Index ETF (CAD-Hedged) is trading at an attractive price based on the cash flow it is expected to produce in the future. But as iShares U.S. High Yield Bond Index ETF (CAD-Hedged) has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is iShares U.S. High Yield Bond Index ETF (CAD-Hedged) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.5%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as iShares U.S. High Yield Bond Index ETF (CAD-Hedged) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has iShares U.S. High Yield Bond Index ETF (CAD-Hedged) performed over the past 5 years?

16.6%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, iShares U.S. High Yield Bond Index ETF (CAD-Hedged) has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is iShares U.S. High Yield Bond Index ETF (CAD-Hedged)'s financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse iShares U.S. High Yield Bond Index ETF (CAD-Hedged)'s finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. iShares U.S. High Yield Bond Index ETF (CAD-Hedged) has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is iShares U.S. High Yield Bond Index ETF (CAD-Hedged)'s current dividend yield, its reliability and sustainability?


Upcoming Dividend Payment

TodayFeb 21 2020Ex Dividend DateFeb 24 2020Dividend Pay DateFeb 28 20204 days from Ex DividendBuy in the next 2 days to receive upcoming dividend

Dividend Yield vs Market

Notable Dividend: Unable to evaluate IUYB.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate IUYB.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IUYB.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IUYB.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IUYB.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

iShares U.S. High Yield Bond Index ETF (CAD-Hedged) has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

iShares U.S. High Yield Bond Index ETF (CAD-Hedged)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: iShares U.S. High Yield Bond Index ETF (CAD-Hedged)
  • Ticker: IUYB.F
  • Exchange: OTCPK
  • Founded: 2010
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: CA$0
  • Shares outstanding: 0
  • Website: https://www.blackrock.com/ca/individual/en/products/239858/

Location

  • iShares U.S. High Yield Bond Index ETF (CAD-Hedged)
  • 161 Bay Street
  • Suite 2500
  • Toronto
  • Ontario
  • M5J 2S1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XHYTSX (The Toronto Stock Exchange)YesUNITCACADJan 2010
IUYB.FOTCPK (Pink Sheets LLC)YesUNITUSUSDJan 2010

Biography

iShares U.S. High Yield Bond Index ETF (CAD-Hedged) is an exchange traded fund launched and managed by BlackRock Asset Management Canada Limited. It is co-managed by BlackRock Institutional Trust Company, N.A. The fund invests in fixed income markets of the United States. It invests directly and also through other ETFs in U.S. dollar denominated high yield corporate bonds. The fund uses derivatives such as currency forward contracts to hedge any resulting U.S. dollar currency exposure back to Canadian dollars. It seeks to replicate the performance of the Markit iBoxx USD Liquid High Yield Total Return Index hedged in CAD. The fund was formerly known as iShares U.S. High Yield Bond Index Fund (CAD-Hedged). iShares U.S. High Yield Bond Index ETF (CAD-Hedged) was formed on January 21, 2010 and is domiciled in Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 01:23
End of Day Share Price2020/02/20 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.