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Let’s take a look at these ETFs in detail.
iShares BlackRock High Yield ETF (BRHY)
The BlackRock High Yield ETF (BRHY) is an actively managed fund that invests in high-yield corporate bonds, helping investors earn higher income from below-investment-grade debt. Unlike passive ETFs, the fund’s managers actively choose U.S. corporate bonds with the goal of improving returns while managing risk. The ETF is designed for investors seeking strong monthly income along with broad exposure across sectors. It has an expense ratio of 0.45%.
BRHY offers an 8% dividend yield. The fund manages about $99.27 million in assets and has gained 0.09% over the past year.
