Key stats
About iShares Yield Optimized Bond ETF
Home page
Inception date
Apr 22, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ISIN
US46434V7872
BYLD is a fund-of-funds that uses iShares' existing bond ETFs as building blocks, optimized for yield, and limiting risks. Using a proprietary methodology, the fund selects funds that are perceived to have consistently demonstrated high risk-adjusted income. The fund is passively managed and allocates to five US broad fixed-income sectors: government and government-related (10-50%), securitized (10-50%), investment-grade credit (10-50%), high-yield credit (0-20%), and emerging market debt (0-10%). Each sector has its own return and risk profile that, when combined, equals to 100%. Securities are weighted according to Morningstars variant of the mean-variance optimization equation, which is based on the return, standard deviation, correlation, and yield of the securities. The Underlying Index is rebalanced and reconstituted quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.92%
Cash0.08%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BYLD top holdings are iShares Broad USD High Yield Corporate Bond ETF and iShares 10+ Year Investment Grade Corporate Bond ETF, occupying 19.87% and 13.91% of the portfolio correspondingly.
BYLD last dividends amounted to 0.10 USD. The month before, the issuer paid 0.10 USD in dividends, which shows a 0.24% increase.
BYLD assets under management is 273.27 M USD. It's risen 10.48% over the last month.
BYLD fund flows account for 46.58 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BYLD pays dividends to its holders with the dividend yield of 5.31%. The last dividend (Sep 8, 2025) amounted to 0.10 USD. The dividends are paid monthly.
BYLD shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Apr 22, 2014, and its management style is Passive.
BYLD expense ratio is 0.17% meaning you'd have to pay 0.17% of your investment to help manage the fund.
BYLD follows the Morningstar US Bond Market Yield-Optimized Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BYLD invests in funds.
BYLD price has risen by 1.33% over the last month, and its yearly performance shows a 0.88% increase. See more dynamics on BYLD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.58% over the last month, showed a 3.86% increase in three-month performance and has increased by 6.27% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.58% over the last month, showed a 3.86% increase in three-month performance and has increased by 6.27% in a year.
BYLD trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.