Key Highlights

  • The fund holds 100.46% in the iShares Global High Yield Corporate Bond ETF (HYLD), hedged to Australian dollars.
  • The United States represents 60.97% of the portfolio, against 38.17% for the category.
  • The management fee is 0.61% and the fund size is $248.25 million.
  • The October 2026 distribution of $1.332 is lower than the $1.601 paid in July.

iShares Global High Yield Bond (AUD Hedged) ETF (ASX:IHHY) seeks to achieve its objective by tracking the performance of the Markit iBoxx Global Developed Markets Liquid High Yield Capped Index (Total Return, Hedged to AUD). The fund was admitted to the ASX on 9 December 2015 and last traded at $89.88 on 13 October 2026. It reports a fund size of $248.25 million.

Detail

Information

Ticker

ASX:IHHY

Fund

iShares Global High Yield Bond (AUD Hedged) ETF

Category

Non Investment Grade Debt

Benchmark

Markit iBoxx Gbl DM Lq HY Cap Hdg TR AUD

Fund size

$248.25 million

Management fee

0.61%

Underlying fund

iShares Global HY Corp Bd ETF USD Dist, 100.46%

ASX admission date

9 December 2015

Structure

The fund holds its exposure through one underlying fund, shown at 100.46% of assets because of the hedging arrangements, and lists 130 holdings in total. Bonds account for 98.45% of the portfolio and cash for 1.55%. Reported turnover is 18.10%.

Morningstar's Non Investment Grade Debt category covers funds whose average credit quality is sub-investment grade, including emerging-market debt, high-yield bonds, structured credit and unrated issues.

Country exposure

The United States accounts for 60.97% of the portfolio, well above the 38.17% category figure. The United Kingdom holds 8.16%, France 7.82%, Germany 4.87% and Italy 4.69%, against 1.00% for the category.

Canada holds 2.87%, the Netherlands 1.73%, Japan 1.54%, Spain 0.98% and Greece 0.84%.

Fee, risk and distributions

The management fee is 0.61% a year. The fund reports a beta of 0.82 and a standard deviation of 3.82. The interim distribution of $1.332 per unit had an ex-date of 29 September 2026, a record date of 30 September and payment on 9 October.

That is lower than the $1.601 paid in July, $2.432 in April and $2.345 in October 2025, but higher than the $0.331 paid in July 2025.

Category classification and liquidity

Morningstar places the fund in the Non Investment Grade Debt category, which covers funds investing primarily in Australian and/or global credit securities with an average credit quality that is sub-investment grade, including emerging-market debt, high-yield bonds, structured credit and unrated issues.

Liquidity indicators add a further view. There are 2,758,311 units on issue, and average daily trading volume is 8,768 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 2,300 to 4,700 units, with 2,444 recorded on 13 October while the market was still open. The bid-offer range stood at $89.88 to $93.60, and the day range at $89.64 to $89.97. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged monthly applications, redemptions and units-on-issue details on 7 October, Components of Distributions on 1 October, distribution reinvestment plan prices and the final distribution announcement on 29 September, and an estimated distribution announcement on 25 September.

Closing Perspective

IHHY gives hedged exposure to global sub-investment-grade corporate debt at a 0.61% fee. Its distributions have ranged from $0.331 to $2.432, and trading volume is light. These facts describe the structure and do not forecast outcomes.