USHY

Lyxor BofAML $ High Yield Bond UCITS ETF - Dist

Latest NAV
106.5516 USD
Performance YTD

0.31%

Assets Under Management
145m USD
TER
0.3%
ISIN
LU1435356149
Dividend Policy
Distribution
Investment Objective

The Lyxor BofAML $ High Yield Bond UCITS ETF - Dist is a UCITS compliant exchange traded fund that aims to track the benchmark index BofA Merrill Lynch US High Yield Constrained Index. The BofA Merrill Lynch US High Yield Constrained Index denominated in US Dollar representative of the performance of the US Dollar denominated sub-Investment grade corporate bonds issued in the US domestic market. Lyxor ETFs are efficient investment vehicles listed on exchange that offer transparent, liquid and low-cost exposure to the underlying benchmark index.

LIAM informs investors that the Benchmark Index will change for the “Bloomberg Barclays MSCI US Corporate High Yield SRI Sustainable Index” (the “ New Benchmark Index”). The switch from the Benchmark Index to the New Benchmark Index will be implemented over a period of 26 Business Days starting February 3, 2021 and ending on March 11, 2021. During this period, performance of the Sub-Fund will differ from performance of the Benchmark Index.

USHY

Lyxor BofAML $ High Yield Bond UCITS ETF - Dist

PERFORMANCE

Performance history

Legend:

The figures relating to [past performances / simulated past performances / past performances and simulated past performances] refer or relate to past periods and are not a reliable indicator of future results. This also applies to historical market data.

Cumulative Performance

Product YTD 1M 3M 6M 1Y 3Y 5Y ALL
Lyxor BofAML $ High Yield Bond UCITS ETF - Dist ETF 0.31% -0.15% 2.32% 5.79% 5.66% 17.39% - 26.27%
BofA Merrill Lynch US High Yield Constrained Index Benchmark Index 0.9% 0.4% 2.98% 6.62% 6.78% 19.95% - 29.98%
Data as of 25/02/2021, Source: Lyxor International Asset Management

Calendar Performance

Product 2020 2019 2018 2017
Lyxor BofAML $ High Yield Bond UCITS ETF - Dist ETF 5.48% 13.78% -2.79% 6.88%
BofA Merrill Lynch US High Yield Constrained Index Benchmark Index 6.07% 14.41% -2.25% 7.47%
Data as of 25/02/2021, Source: Lyxor International Asset Management

NAV History

Date NAV Currency Fund AUM
25/02/2021 106.5516 USD 145m USD
24/02/2021 106.924 USD 145m USD
23/02/2021 106.9524 USD 145m USD
22/02/2021 107.0486 USD 145m USD
19/02/2021 107.2026 USD 145m USD

Dividend History

Date Amount Currency
08/07/2020 6.87 USD
10/07/2019 6.75 USD
11/07/2018 5.72 USD
12/07/2017 4.3 USD

HOLDINGS

This ETF uses synthetic replication to track the performance of the index. As such, the holdings of the ETF may vary from that of the benchmark index.
You can read more about our approach to replication in our pragmatic guide to replication.

Name Currency Weight
NUMFP 7 3/8 05/01/26 USD 0.36%
S 7 7/8 09/15/23 USD 0.33%
TDG 6 1/4 03/15/26 USD 0.31%
CCL 11 1/2 04/01/23 USD 0.31%
CNC 4 5/8 12/15/29 USD 0.25%
ERI 6 1/4 07/01/25 USD 0.24%
CHTR 5 1/8 05/01/27 USD 0.23%
VRXCN 6 1/8 04/15/25 USD 0.22%
CHTR 4 3/4 03/01/30 USD 0.22%
KHC 4 3/8 06/01/46 USD 0.21%
Name Listing Currency Quantity Weight
T 3 1/8 05/15/48 USD 227,789 19.12%
T 2 3/4 11/15/47 USD 206,853 16.2%
T 2 1/2 05/15/46 USD 196,181 14.64%
T 2 7/8 05/15/28 USD 130,495 10.3%
T 2 02/15/50 USD 107,329 7.16%
TII 0 1/8 01/15/30 USD 57,331 4.42%
TII 0 1/8 01/15/31 USD 55,947 4.26%
JPM 0 06/18/22 USD 4,936 3.44%
T 3 3/8 05/15/44 USD 29,378 2.54%
T 2 7/8 05/15/43 USD 29,846 2.39%
Swap Information
Basket Adjustment The basket is daily adjusted to the fund outstanding level.
Counterparty Risk Level N/A
Swap Counterparty Société Générale
Date 24/02/2021

1 week moving average of counterparty risk level

Counterparty risk level at daily adjustment time

Swap Price Component

Although past performance is no indicator of future performance, you can get an estimation of the swap price component over the last 12 months by adding the TER to the realized Tracking Difference. the price of being long the index and short the basket of securities held by the ETF (ie. the spread applicable to the index performance provided by the swap counterparty) can be understood as the swap price component. The latter can be positive or negative, depending on the following factors: Read more

Lyxor BofAML $ High Yield Bond UCITS ETF - Dist

1Y Tracking Difference -1.12%
Total Expense Ratio +0.3%
Swap price component estimation =-0.82%

Index Information

Full Name BofA Merrill Lynch US High Yield Constrained Index
Index Type Performance
Index Bloomberg Ticker HUC0
Index Currency USD
Number of Index Components 2029
Further Information www.mlindex.ml.com

INDEX ANALYTICS

Coupon Rate (%) 5.99
Yield (%) 4.05
Duration (Years) 5.06
Modified Duration (Years) 3.36
Maturity (Years) 4.49
Convexity (%) 38.9
Data as of 24/02/2021

Index Composition Breakdown

Sector Breakdown

Consumer Discretionary 19.97%
Communications 16.58%
Energy 13.34%
Financials 10.75%
Materials 8.88%
Health Care 8.2%
Industrials 7.37%
Technology 6.42%
Consumer Staples 4.91%
Others 3.56%

Currency Breakdown

USD 100%

Maturity Breakdown

1-3Y 11.06%
3-5Y 29.42%
5-7Y 29.4%
7-10Y 21.02%
10-15Y 3.28%
15-25Y 3.42%
+25Y 2.07%

Ratings Breakdown

BB 54.3%
B 33.11%
CCC 11.97%
CC 0.44%
C 0.17%

Countries Breakdown

United States 85.89%
Canada 3.9%
United Kingdom 1.59%
Italy 1.12%
Luxembourg 1.11%
Germany 1.02%
France 0.95%
Netherlands 0.81%
Multi Nationaux 0.76%
Ireland 0.4%
Panama 0.38%
Australia 0.36%
Liberia 0.29%
Cayman Islands 0.24%
Bermuda 0.23%
Jersey 0.13%
Finland 0.11%
Belgium 0.09%
Congo 0.07%
Sweden 0.06%
Denmark 0.05%
Puerto Rico 0.05%
Peru 0.04%
China 0.04%
Colombia 0.04%
Norway 0.03%
Japan 0.03%
Austria 0.03%
New Zealand 0.02%
South Korea 0.02%
Macedonia 0.02%
Marshall Islands 0.02%
Spain 0.01%
Data as of 24/02/2021, Source: Lyxor International Asset Management

CHARACTERISTICS

Main Fund Characteristics

ISIN LU1435356149
UCITS Yes
Share Class Currency USD
Assets Under Management 145.1m USD
Total Expense Ratio 0.3%
Dividend Treatment Distribution
EU-SD Status In Scope
Fund Type SICAV
Domicile Luxembourg
Replication Method Indirect (Swap Based)
Umbrella AUM 13,485m USD
Portfolio Managers Raphaël Dieterlen, Sebastien Foy
Swap Counterparty Société Générale
Full Property of the Assets Yes
Financial Year End 31/10/2021
Inception Date 05/07/2016
Minimum Investment 1 Share

DISCLAIMER: This fund includes a risk of capital loss. Investors therefore may not recover all or part of their initial investment. The redemption value of this fund may be less than the amount initially invested. In a worst case scenario, investors could sustain the loss of their entire investment. Be sure to read carefully the Key Investor Information document, and the “risk factors” section of a fund’s performance to better understand the risks involved.

Trading Information

Exchange Ticker Bloomberg Listing Currency Currency Hedged Listing Date Dividend Policy ADV 3M ISIN Fund AUM in CCY
Xetra LYX8 GY EUR - 16/03/2021 Distribution - LU1435356149 119m EUR
Borsa Italiana USHY IM EUR - 07/02/2017 Distribution 29,344EUR LU1435356149 119m EUR
LSE USHY LN USD - 27/10/2016 Distribution 50,010USD LU1435356149 145m USD
LSE UHYG LN GBP - 27/10/2016 Distribution 16,322GBP LU1435356149 103m GBP
Euronext USHY FP EUR - 11/10/2016 Distribution 23,056EUR LU1435356149 119m EUR
Xetra* LYXE GY EUR EUR 16/03/2021 Distribution - LU1435356495 119m EUR
Borsa Italiana* USYH IM EUR EUR 06/12/2016 Distribution 140,825EUR LU1435356495 119m EUR
*Related Shareclasses

Market Makers

Flow Traders
Société Générale
Data provided by relevant exchanges

Passporting Information

Luxembourg
UK
France
Italy
Sweden
Spain
Netherlands
Germany
Austria
Finland
Belgium
Czech Republic
Korea
Data as of 25/02/2021, Source: Lyxor International Asset Management

NEWS

Notice to Shareholders
28/01/2021

Notice to Shareholders Annual general meeting of Lyxor Index Fund

Notice to Shareholders
05/01/2021

Notice to Shareholders Changes to Lyxor BofAML $ High Yield Bond UCITS ETF

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